Visa (V) to Acquire Featurespace
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Visa to Acquire Featurespace
September 26, 2024 9:04 AM EDTFeaturespaces deep tech origins, combined with Visas digital payments leadership, poised to strengthen global fraud protections
LONDON & SAN FRANCISCO--(BUSINESS WIRE)-- Visa (NYSE: V) today announced it has signed a definitive agreement to acquire Featurespace, a developer of real-time artificial intelligence (AI) payments protection technology that prevents and mitigates payments fraud and financial crime risks. The acquisition of Featurespace will complement and strengthen Visas portfolio of fraud detection and risk-scoring solutions used by clients around the world to grow and protect their businesses.
Since its inception out of... More
