Industry News Brought to You by Institute of Commercial Payments: News - Industry

Visa to Acquire AI Fraud Protection Pioneer Featurespace

Monday, September 30, 2024   (0 Comments)
Posted by: Sierra Lindemann
Visa has announced a definitive agreement to acquire Featurespace, a Cambridge University spin-off known for its real-time AI-powered payments protection technology. This move promises to enhance Visa's fraud detection capabilities, leveraging Featurespace's algorithmic solutions to identify elusive fraud cases.

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