TLDR Tech / Fintech
Visa to acquire BioCatch for $2.4B
Visa agreed to acquire behavioral biometrics and fraud-prevention company BioCatch for $2.4 billion, strengthening its defenses against account takeovers, scams, and other AI-enabled financial crimes. The deal follows Visa's $1 billion acquisition of Featurespace and expands its value-added services with technology that analyzes behavioral, device, and network signals to distinguish legitimate users from fraudsters in real time.
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