BUSINESSAug 3 · 14:11 UTCCNBC TOP

Visa to buy cybersecurity firm BioCatch for $2.4 billion amid surge in AI-powered scams

Visa is acquiring cybersecurity firm BioCatch for $2.4 billion to address rising AI-powered scams. The purchase aligns with Visa's strategy to expand its value-added services, a rapidly growing division for the company.

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