Visa's Growing Services Business Infused with New AI-Powered Products
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Visa (NYSE:V) announced the expansion of its services business with three new AI-powered risk and fraud prevention products within the Visa Protect suite, aimed at reducing fraud in various payment scenarios.
March 27, 2024 | 11:05 am
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Visa introduces three AI-powered products to its Visa Protect suite, focusing on reducing fraud in account-to-account and CNP transactions.
The introduction of new AI-powered products aimed at reducing fraud is likely to be viewed positively by investors and could enhance Visa's reputation in digital payments security. This move could lead to increased adoption of Visa's payment solutions, potentially boosting its revenue and stock price in the short term.
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