Visa Buys BioCatch for $2.4 Billion to Fight AI Fraud
Visa to acquire fraud tech firm BioCatch for $2.4B to boost AI cybersecurity and block financial scams in real time.
Visa is buying a company called BioCatch that's really good at spotting fake online activity using artificial intelligence. This shows Visa is serious about protecting people's money from scammers, which is an important job for any payment company.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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