Visa plans to acquire Israeli company BioCatch, which uses AI to detect fraud and distinguish legitimate users from attackers in real time, for $2.4B in cash (Katherine Hamilton/Wall Street Journal)
Visa is buying AI fraud-detection platform BioCatch for $2.4B, consolidating behavioral biometrics into payments security.
Excerpt
<a href="https://www.wsj.com/finance/banking/visa-to-buy-fraud-defense-platform-biocatch-in-2-4-billion-deal-5e36f6e3?st=tQ11WG&reflink=desktopwebshare_permalink"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260803/i20.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260803/p20#a260803p20" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Katherine Hamilton / <a href="https://www.wsj.com/">Wall Street Journal</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.wsj.com/finance/banking/visa-to-buy-fraud-defense-platform-biocatch-in-2-4-billion-deal-5e36f6e3?st=tQ11WG&reflink=desktopwebshare_permalink">Visa plans to acquire Israeli company BioCatch, which uses AI to detect fraud and distinguish legitimate users from attackers in real time, for $2.4B in cash</a></b></span> — BioCatch uses artificial intelligence to detect fraud and distinguish legitimate users from attackers</p>
Read at source: https://www.techmeme.com/260803/p20#a260803p20