Visa to Buy BioCatch for $2.4B
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- Visa plans to acquire Israeli AI fraud-detection company BioCatch for $2.4 billion in cash
- BioCatch uses artificial intelligence to detect fraud and distinguish legitimate users from attackers in real time
Why it matters: The $2.4 billion all-cash deal folds BioCatch's real-time user-vs-attacker AI into Visa's network, sharpening fraud-prevention tools available across Visa's payment-rails clients.
