Subscribe
Israel-Hamas Conflict
US Economy
US Immigration
Donald Trump
US Politics
Floods
US Crime
NFL
Kamala Harris
SEC
Republican Party
Immigration
NASA
Published

Visa swoops for Featurespace in reported £700m deal

Summary by BusinessCloud.co.uk
Visa is to acquire RegTech Featurespace, developer of real-time artificial intelligence payments protection technology, in a deal worth a reported £700 million. Since its inception out of Cambridge University’s engineering department, Featurespace has developed algorithmic-based solutions to analyse transaction data and detect elusive fraud cases. It counts the likes of HSBC, NatWest and Worldpay among its clients. The value of the deal was undi…

0 Articles

All
Left
Center
Right
BusinessCloud.co.ukBusinessCloud.co.uk

Visa swoops for Featurespace in reported £700m deal

Visa is to acquire RegTech Featurespace, developer of real-time artificial intelligence payments protection technology, in a deal worth a reported £700 million. Since its inception out of Cambridge University’s engineering department, Featurespace has developed algorithmic-based solutions to analyse transaction data and detect elusive fraud cases. It counts the likes of HSBC, NatWest and Worldpay among its clients. The value of the deal was undi…

Read Full Article
Fintech Schweiz Digital Finance News - FintechNewsCHFintech Schweiz Digital Finance News - FintechNewsCH

1 Billion USD Takeover: Visa to Acquire Payment Fraud Protection Provider Featurespace - Fintech Schweiz Digital Finance News - FintechNewsCH

Visa announced it has signed a definitive agreement to acquire Featurespace, a developer of real-time artificial intelligence (AI) payments protection technology that prevents and mitigates payments fraud and financial crime risks. The acquisition of London based Featurespace will complement and strengthen Visa’s portfolio of fraud detection and risk-scoring solutions used by clients around the world to grow and protect their businesses. Althoug…

Read Full Article
LeapRateLeapRate

Visa to Acquire AI Payments Protection Firm Featurespace

The acquisition is aimed at strengthening Visa’s portfolio of fraud detection and its ability to combat fraud and financial crime. Featurespace, founded at Cambridge University, utilises advanced algorithms to analyse transaction data and detect even sophisticated fraud attempts. “Since its inception out of Cambridge University’s engineering department, Featurespace has developed innovative algorithmic-based solutions to analyze transaction data…

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • There is no tracked Bias information for the sources covering this story.
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)

Similar News Topics

Artificial IntelligenceArtificial Intelligence
EnglandEngland
Trending Topics
Ground News logo
App Store IconPlay Store Icon
CompanyAboutHistoryMissionBlogTestimonialsGroup SubscriptionsSubscribeGiftFree TrialCareersAffiliates
HelpHelp CenterFAQContact UsFor Educators/LibrariesMedia Bias RatingsOwnership and Factuality RatingsReferral CodeNews SourcesTopics
ToolsAppBrowser ExtensionDaily NewsletterBlindspot Report NewsletterBurst Your Bubble NewsletterTimelines
DonatePrivacy PolicyManage CookiesTerms and Conditions
© 2024 Snapwise Inc
News
For You
Search
BlindspotLocal