Visa To Use Anti-Fraud Measures For Real-Time Payments, Invests In Form3
Portfolio Pulse from Khyathi Dalal
Visa (NYSE:V) has invested in London-based payments platform Form3 through a commercial partnership. This will allow Visa clients to minimize fraud while sending and receiving real-time account-to-account payments using Form3's fraud-detection tools and Visa's AI and risk-scoring features. The partnership will also enable Form3 to develop new products and services and expand into new territories where real-time payment solutions are integral.
September 13, 2023 | 7:17 pm
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Visa's investment in Form3 will enhance its fraud detection capabilities in real-time payments, potentially attracting more clients and increasing its market share in the digital payments sector.
Visa's investment in Form3 will enhance its fraud detection capabilities in real-time payments. This could make its services more attractive to potential clients, leading to an increase in its market share in the digital payments sector. The partnership will also enable Form3 to expand its services and reach, which could indirectly benefit Visa by increasing the usage of its payment infrastructure.
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