Visa Acquires BioCatch as AI Reshapes Payment Fraud
Visa’s $2.4 billion acquisition of fintech BioCatch signals a major shift in the fight against payment fraud. As AI makes scams more sophisticated and harder to detect, behavioral biometrics are emerging as one of the financial industry’s most important tools for distinguishing legitimate customers from fraudsters. Biometrics are increasingly being used to enhance identity verification […] The post Visa Acquires BioCatch as AI Reshapes Payment Fraud appeared first on PaymentsJournal .
Visa’s $2.4 billion acquisition of fintech BioCatch signals a major shift in the fight against payment fraud. As AI makes scams more sophisticated and harder to detect, behavioral biometrics are emerging as one of the financial industry’s most important tools for distinguishing legitimate customers from fraudsters. Biometrics are increasingly being used to enhance identity verification […] The post Visa Acquires BioCatch as AI Reshapes Payment Fraud appeared first on PaymentsJournal .