Visa’s Post

#VISA and #Featurespace merger brings extensive payment network and adaptive behavioral advanced analytics technology together. What sets this merger apart? Their AI driven technology can identify and adapt to new fruad patterns in real time, offering precision and agility beyond current platform.

AI is representing a new opportunity tu uplift payments experiences. With this acquisition Visa is strengthening its fraud models to make transactions more secure.

Visa has completed the acquisition of Featurespace, a developer of real time artificial intelligence (AI) payments protection technology that prevents and mitigrates payment fraud and financial crimes risks. Over the coming months, Visa will begin to incorporate Featurespace’s portfolio into Visa’s product range expanding the range of fraud prevetion solutions and use cases available to clients.

For more than three decades now, Visa has harnessed the power of #AI to combat fraud. Today, I’m delighted to share a significant milestone in this journey: we have successfully completed our acquisition of Featurespace, which will further elevate how we use AI to deliver the best possible security solutions to our clients.   Our head of Risk & Identity Solutions, James Mirfin, spoke with Martina King and David Excell to discuss how the combined expertise of Visa and Featurespace will strengthen our clients ability to manage fraud – further protecting consumers and businesses worldwide.   Like Dave said in the article below, “It's a win-win-win. It's a win for Featurespace team members, it's a win for Visa, and it's a win for the market as well.”   Read more below and our warmest welcome to the entire Featurespace team!

🚀 Exciting News! 🚀 Visa and Featurespace are teaming up to protect the future of payments! With the acquisition of Featurespace, Visa is combining forces with experts in real-time AI to tackle financial fraud and make transactions safer for everyone. 🌐💳 Hear from the leaders about what’s next and how this partnership will benefit consumers and businesses worldwide. Read more: https://lnkd.in/gGnVGuM7 #AI #FraudPrevention #Payments #Security #Innovation

📅 Day 6: Veriff 🛡️ From Estonia, Veriff leads the way in identity verification technology, providing fast and secure solutions for businesses worldwide. Their AI-powered platform helps companies verify the identities of customers in seconds, reducing fraud and ensuring compliance. Veriff serves industries ranging from banking to e-commerce and gaming, making trust a cornerstone of the digital economy. By combining innovation with top-notch security, Veriff plays a crucial role in making online interactions safer and more reliable. #NordicFintech #HelsinkiFintech #Veriff

Visa Potential Strategic Move to Acquire Featurespace 🌐 Visa's potential acquisition of Featurespace, a leading innovator in fraud detection and risk management, marks a significant leap in payment security. In our latest blog, we explore what this means for the future of transaction monitoring, the technology behind adaptive behavioral analytics, and how this partnership could redefine fraud prevention in the payments industry. Including comments from our Mastermind Baptiste COLLOT, CEO of Mastermind Partner Trustpair 🚀 Dive into the insights: https://lnkd.in/e4xrWqqh 👉 Discover how this acquisition will impact financial institutions, merchants, and consumers alike. Let us know your thoughts as well. #Visa #Featurespace #FraudPrevention #Fintech #PaymentsInnovation

Paul McGuire, CEO of IDlayr, discussed the future of #mobile identity at MWC2 Barcelona, including how the company is using #mobile data to deliver a streamlined user experience, successful adoptions with banks and financial institutions to significantly reduce #fraud, and the latest technologies leading to a passwordless future 📹 Watch the video below! 👇

🚀 Join us at the SEAA Conference in New Orleans! 🚀 We are thrilled to invite all Southeast Acquirers Association (#SEAA) conference attendees to our exclusive breakout session hosted by the Fortress Payments team. 🔍 What to Expect: - Deep Dive into Biometric Payment Technology: Understand how facial recognition, fingerprint scanning, and behavioral biometrics work. - Advantages over Traditional Methods: Discover the superior security and convenience of biometric authentication. - Real-World Applications: See how this technology is transforming industries through practical use cases. - Security and Implementation: Learn about the robust security features and critical steps for successful deployment. - Fraud and Chargeback Reduction: Explore how biometric authentication significantly reduces fraud and chargebacks through detailed case studies. 🛠️ Live Demonstration: - Enrollment: Step-by-step guide on enrolling. - Checkout: Experience the seamless and secure checkout process. - Unenrollment: Learn how to safely unenroll. Don’t miss this opportunity to engage with experts, ask questions, and witness the future of payments in action. 📅 When: June 11, 2024, at 2:30pm 📍 *Where: Chamber I & II We look forward to seeing you there! #SEAAConference #BiometricPayments #FortressPayments #PaymentSecurity #Innovation #FraudPrevention #FutureOfPayments #SecureTransactions Menda Sims Garry Turner Alessandro Chiarini Felix R. Torres-Ostolaza