Visa Acquires BioCatch to Spot Bank Fraud Before Payment

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Visa has agreed to acquire BioCatch for $2.4 billion in cash, buying a fraud-detection company whose models judge who is at the keyboard during an online banking session. The payments network announced the signed agreement on August 3, 2026, and is buying the business from funds advised by the private equity firm Permira along with other shareholders. The deal moves Visa's fraud tooling well ahead of the card transaction. BioCatch, founded in 2011 and based in Tel Aviv, sells to banks rather…