#Visa

Visa to Acquire Fraud Protection Firm Featurespace

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September 27, 2024 at 10:21AM Visa intends to acquire Featurespace, a developer of real-time AI payments protection technology. Featurespace’s solutions analyze transaction data to detect fraud and financial crime. The acquisition is expected to enhance Visa’s fraud detection capabilities and provide benefits to financial institutions and consumers. The transaction is set to close in fiscal … Read more

Visa warns of new JSOutProx malware variant targeting financial orgs

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April 4, 2024 at 07:03PM Visa issued a security alert warning about increased detections of the JsOutProx malware targeting financial institutions in South and Southeast Asia, the Middle East, and Africa. The malware provides remote access and can execute various malicious activities. Mitigation actions and indicators of compromise were recommended, and the campaign involved phishing … Read more