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 putting $2.4 billion in cash behind behavioral fraud detection.
The target is BioCatch, an Israeli company that uses AI to spot fraud in real time. Its software distinguishes legitimate users from attackers by analyzing behavior during digital sessions. The Techmeme item cites Katherine Hamilton at the Wall Street Journal and points to broad follow-on coverage around the deal. Techmeme's note
The target is BioCatch, an Israeli company that uses AI to spot fraud in real time. Its software distinguishes legitimate users from attackers by analyzing behavior during digital sessions. The Techmeme item cites Katherine Hamilton at the Wall Street Journal and points to broad follow-on coverage around the deal. Techmeme's note
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