NYSE:VDiversified Financial
Visa (V) Is Buying BioCatch For $2.4 Billion To Push Deeper Into AI Fraud Tools
Visa agreed to acquire AI-based fraud intelligence firm BioCatch for $2.4b.
The deal is aimed at expanding Visa's real-time fraud detection and cybersecurity tools.
BioCatch focuses on behavioral analytics to help identify and prevent digital scams.
Visa, traded as NYSE:V, is moving further into AI-driven security with the planned $2.4b purchase of BioCatch. The company recently closed at $365.67, with the stock up 56.3% over the past 3 years and 59.4% over the past 5 years. This highlights...