BUSINESSTIMES OF ISRAEL
Visa to buy Israeli cyber firm for $2.4 billion to fight AI-driven scams
Visa is acquiring Israeli cybersecurity firm BioCatch for $2.4 billion to combat AI-driven financial fraud. BioCatch's technology uses behavioral biometrics, such as analyzing mouse movements and keyboard typing, to detect fraud before transactions occur.
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Adjacent reporting
- Visa is buying AI-powered fraud detection company BioCatch for $2.4 billion
- Visa to buy cybersecurity firm BioCatch for $2.4 billion amid surge in AI-powered scams
- Cyera to acquire Israeli AI startup Oasis Security in $1 billion deal
- US-Israeli payroll unicorn buys Tel Aviv AI cyber startup to combat fake hires
- Visa is plugging its payment network into ChatGPT to let AI agents shop for you
- Israeli cyber startup raises $113m to secure and control autonomous AI agents