Aug. 4 at 2:32 AM
Visa has agreed to acquire AI-powered fraud prevention company BioCatch for at least
$2.4 billion in cash, expanding its cybersecurity and fraud detection capabilities. The transaction, expected to close in Visa's fiscal Q2 2027, will strengthen the company's portfolio of payment security solutions as financial institutions face increasingly sophisticated cyber threats.
BioCatch uses artificial intelligence and machine learning to analyze thousands of behavioral signals—including keystrokes, touch gestures, device interactions, and network activity—to distinguish legitimate users from fraudsters in real time. The company serves more than 350 banking clients across 21 countries, including over 100 of the world's largest banks, while protecting approximately 1.8 billion devices and 760 million users globally.
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