AIThe Next Webabout 4 hours ago
Visa buys BioCatch for $2.4B
1 min read
Visa is acquiring Tel Aviv-based BioCatch for $2.4 billion in cash from Permira. BioCatch's behavioral biometrics protect 760 million users across 350 banks. Visa estimates scams cost the global economy over $1 trillion annually, with deepfake fraud up 3,000% since 2023.
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