Visa (V) to Acquire Featurespace

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Go back to Visa (V) to Acquire Featurespace

Visa to Acquire Featurespace

September 26, 2024 9:04 AM EDT

Featurespaces 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