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Visa Set to Roll out New AI-Powered Fraud Prevention Solutions

Fintech News

Visa announced the expansion of its value-added services by introducing three new AI-powered solutions aimed at bolstering fraud and risk prevention. The Protect suite is among nearly 200 products under Visa’s portfolio, covering critical areas such as Acceptance, Advisory, Issuing, Open Banking, and Risk and Identity.

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Visa Bolsters Fraud Prevention Arsenal with Three New AI-Powered Solutions

The Fintech Times

Visa Protect is part of a broad suite of Visa value-added services, which has expanded to include nearly 200 products across five popular categories: acceptance, advisory, issuing, open banking, and protect.

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Visa’s Growing Services Business Infused with New AI-Powered Products

Fintech Finance

Today, Visa (NYSE:V), a leader in digital payments, announced continued expansion of its global value-added services business with the addition of three new AI-powered risk and fraud prevention solutions. Each product will be available to clients starting in the first half of 2024, with varied launch dates by product and market.

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Happy 10th Anniversary iPhone

PYMNTS

The gig economy, which was largely non-existent a decade ago, now employs 4.1 I believe Apple Pay — and the other mobile wallets such as Android Pay, Samsung Pay, etc — are the natural evolution of PayPass/payWave, allowing biometrics to secure larger-value transactions and to essentially bring convenience and speed to the consumer.