03.08.2026 22:11
US payment giant Visa has decided to acquire Israel-based BioCatch for $2.4 billion to strengthen its technologies in the fight against fraud and cybercrime. With the completion of the deal, Visa aims to further expand its AI-powered security solutions.
US-based financial services company Visa has announced that it has reached an agreement to acquire BioCatch, an Israel-based provider of behavior-driven, multi-signal fraud intelligence.
$2.4 BILLION DEAL
In a statement from Visa, it was reported that the company has agreed to acquire BioCatch from funds managed by Permira and other shareholders.
The statement said the company has reached a definitive agreement to acquire BioCatch for $2.4 billion in cash, noting that the acquisition will complement Visa's existing cybersecurity, fraud prevention, risk management, and security solutions.
AI-POWERED SECURITY WILL BE STRENGTHENED
The statement emphasized that the acquisition is expected to help better protect Visa clients and their customers against increasingly growing threats such as account takeover attacks, fraud attempts, money mules used to transfer criminal proceeds, and synthetic identity fraud.
It was stated that the acquisition of BioCatch will strengthen Visa's existing product portfolio, enabling it to offer AI-powered solutions to detect and prevent fraud, cybercrime, and financial crime from account opening to transactions.
$13 BILLION SECURITY INVESTMENT
The statement noted that Visa has invested more than $13 billion in technology and infrastructure over the past five years to secure the payments ecosystem and accelerate the reduction of fraud rates, and that the acquisition is expected to be completed by the end of the second quarter of the company's fiscal year 2027.