Visa Threat Intelligence: Visa launches platform to strengthen cyber and fraud protection

The new platform combines cybersecurity and payment intelligence to help financial institutions detect threats earlier and prevent fraud before financial losses occur.

Visa Threat Intelligence has been launched by Visa to help financial institutions detect cyber threats earlier and strengthen their ability to prevent fraud across the payments ecosystem.

The new Visa Threat Intelligence Platform (VTIP) combines cybersecurity and payment intelligence, enabling banks and other financial institutions to identify potential threats before they develop into financial fraud or operational losses.

Visa said fraud often originates from earlier cyber incidents, including data breaches, credential theft and system exploitation. Compromised payment credentials can be stolen from merchants, issuers, acquirers, processors or other service providers before being traded on illicit online platforms and later used in fraudulent transactions.

Walter Lironi, Senior Vice President and Head of Value-Added Services for Central and Eastern Europe, the Middle East and Africa (CEMEA) at Visa, said cyberattacks are becoming increasingly sophisticated and difficult to detect.

He said the new platform provides financial institutions with a single source of cyber and payment intelligence, allowing them to identify risks sooner and take preventive action before cyber incidents lead to fraud.

Visa said the platform has been developed using the same cybersecurity capabilities the company employs to protect its own global payment network. According to the company, its security systems block approximately 90 million cyberattacks and 11 million phishing emails every month across more than 200 countries and territories.

The company said it tested the platform internally against real-world cyber threats before making it available to clients across the financial sector.

The Visa Threat Intelligence Platform offers several specialised capabilities, including threat intelligence for malware detection, vulnerability monitoring, brand protection against impersonation, digital identity monitoring for executives and employees, and financial intelligence that identifies compromised payment credentials circulating on the dark web.

By integrating cyber intelligence with fraud detection, Visa said the platform enables financial institutions to better prioritise security responses, reduce fraud risks and improve resilience against emerging cyber threats.

Visa added that it has invested more than $13 billion in technology over the past five years to strengthen payment security, reduce fraud and enhance the resilience of its global payments network.