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 … Continue reading Visa swoops for Featurespace in reported £700m deal
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