Politics · 1 sources covering this

Visa to Buy Fraud-Prevention Firm BioCatch for $2.4 Billion

Visa Inc. struck a deal to buy BioCatch, which uses artificial intelligence to detect fraud, for $2.4 billion in cash. The company is purchasing BioCatch from funds advised by Permira and other shareholders, and the transaction is expected to close in the fiscal second quarter of 2027, according to a statement Monday. BioCatch works with more than 350 banking clients across the world. Bloomberg's Diksha Gera joins to discuss. (Source: Bloomberg)

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BloombergLean L·4h ago
Visa to Buy Fraud-Prevention Firm BioCatch for $2.4 Billion
Visa Inc. struck a deal to buy BioCatch, which uses artificial intelligence to detect fraud, for $2.4 billion in cash. The company is purchasing BioCatch from funds advised by Permira and other shareholders, and the transaction is expected to close in the fiscal second quarter of 2027, according to a statement Monday. BioCatch works with more than 350 banking clients across the world. Bloomberg's Diksha Gera joins to discuss. (Source: Bloomberg)
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Visa to Buy Fraud-Prevention Firm BioCatch for $2.4 Billion

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