Shares of card giant Visa V.N rose 1.4% to $371.24 in premarket trading.
Visa said it will buy fraud intelligence provider BioCatch for $2.4 billion in cash from funds advised by Permira and other shareholders.
"Account takeovers and scams cost the global economy over $1 trillion annually and AI is enabling these attacks at unprecedented scale," said Andrew Torre, president of value-added services, Visa.
The transaction is expected to close by the end of Visa's fiscal second quarter of 2027.
As of last close, the stock was up 4.4% year to date.
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