Visa to buy cybersecurity firm BioCatch for $2.4 billion amid surge in AI-powered scams
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Source: CNBC
Published: 2026-08-04 00:10 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Immigration, Technology & AI, Fraud & Corruption, Crime & Justice, Technology
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Snippet:
Visa on Monday said it is acquiring fraud detection startup BioCatch for $2.4 billion in cash, expanding the payment giant's push into cybersecurity as banks confront a surge in artificial intelligence-powered scams and account takeovers.
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