Visa (V) Unveils its Scam Disruption Practice
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Visa Unveils its Scam Disruption Practice, Helping Protect Consumers and the Financial Ecosystem Globally
March 11, 2025 9:00 AM UTCThe newly formalized group prevented more than $350 million in attempted fraud in 2024 using new technology and human-driven processes.
SAN FRANCISCO--(BUSINESS WIRE)-- Visa, a global leader in payment technology, today unveiled its scam disruption practice focused on identifying and stopping complex scams as they emerge.
The new department, which sits under Visa Payment Ecosystem Risk and Control (PERC), saved victims $350 million across dozens of scams last year. This is in addition to the $40 billion PERC blocked in attempted fraud on the Visa network last year.
Visa has invested over $12 billion dollars in technology over... More
