Visa strengthens global security measures with AI-driven fraud prevention solutions, targeting various transaction types including immediate account-to-account and card-not-present payments.
28 March 2024 – In an effort to fortify its position as a leader in digital payments security, Visa (NYSE:V) has announced the expansion of its suite of value-added services with the introduction of three new AI-driven risk and fraud prevention solutions. These innovative products, forming part of the Visa Protect suite, aim to combat fraudulent activities across various transaction types, including immediate account-to-account and card-not-present (CNP) payments, both within and outside Visa’s network.
Visa’s continued investment in AI technology underscores its commitment to enhancing security and reducing fraud in digital transactions. The introduction of these advanced solutions further solidifies Visa’s reputation as a trusted partner in the increasingly competitive landscape of modern commerce.
