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[ARTICLE · art-85078] src=machinebrief.com ↗ pub= topic=ai-safety verified=true sentiment=· neutral

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

Visa Inc. agreed to acquire BioCatch, a cybersecurity firm specializing in fraud detection, for $2.4 billion, as the company responds to a surge in AI-powered scams. The acquisition, announced on Monday, marks Visa's latest effort to expand its value-added services business, one of its fastest-growing divisions.

read1 min views1 publishedAug 3, 2026
Visa to buy cybersecurity firm BioCatch for $2.4 billion amid surge in AI-powered scams
Image: Machinebrief (auto-discovered)

Source:

CNBC TechnologyIt is also the latest move by Visa to expand its value-added services business, which has become one of the company's fastest-growing divisions.

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source & further reading
machinebrief.com — original article White House finalizes AI framework behind closed doors MediaTek lines up $5B war chest for AI datacenter push China's MiniMax H3 is the first open model to top an AI video ranking
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