Visa (V) Completes Acquisition of Featurespace

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Go back to Visa (V) Completes Acquisition of Featurespace

Visa Completes Acquisition of Featurespace

December 19, 2024 8:00 AM EST

Clients around the world will experience superior fraud detection and risk-scoring solutions

LONDON & SAN FRANCISCO--(BUSINESS WIRE)-- Visa (NYSE: V) today announced it has completed its acquisition of Featurespace, a developer of real-time artificial intelligence (AI) payments protection technology that prevents and mitigates payments fraud and financial crime risks. This will bolster Visas fraud protection capabilities and enhance security for its customers and consumers worldwide.

Visa will add Featurespaces capabilities into its range of fraud prevention and risk-scoring offerings. By combining the two companies highly complementary products... More