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Evidence record 15980 · automatically gathered

Visa is buying BioCatch for $2.4 billion because AI scams now cost the global economy $1 trillion a year

Visa is acquiring Tel Aviv-based fraud detection startup BioCatch for $2.4 billion in cash from private equity firm Permira and other investors. BioCatch’s platform analyses keystroke timing, touchscreen pressure, swipe patterns, and device handling to distinguish real users from scammers and bots. The company currently protects 760 million users across roughly 350 banks. Visa processes […] This story continues at The Next Web

Record details

Published: 3 August 2026
Source: The Next Web AI
Category: News
Topics: Bias & fairness · Jobs & economy · Finance, VC & PE
Retrieved: 4 August 2026

source-onlyevidence status

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How to cite this record

ethics.ai (3 August 2026), “Visa is buying BioCatch for $2.4 billion because AI scams now cost the global economy $1 trillion a year,” evidence record 15980, https://ethics.ai/record/15980 (originally published by The Next Web AI).

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