WSJ Tech News Briefing · Monday, August 3, 2026
Visa is acquiring the fraud reduction platform Biocatch for $2.4 billion in cash to enhance its artificial intelligence capabilities in combating fraud. Biocatch, an Israeli company, utilizes AI to detect fraudulent activity and distinguish between legitimate users and attackers in real-time, protecting a significant number of devices and users globally. This acquisition comes as Visa has already invested substantially in fraud technology over the past five years.
“Visa is acquiring fraud reduction platform Biocatch for $2.4 billion in cash.”
“The Israeli company uses AI to detect fraud and distinguish legitimate users from attackers in real time and says it protects 1.8 billion devices and 760 million users globally.”
“Visa has been increasing its use of AI to fight fraud, spending $13 billion on fraud technology and infrastructure over the past five years.”