Visa launches threat intelligence platform; carries out agentic transactions in Europe

Visa is rolling out new technology that will change how your customers pay and how you protect their data. The first big update is a threat intelligence platform. This helps lenders and banks spot cyberattacks before they hit your checkout line. For retailers, this means fewer fraudulent transactions and less downtime caused by security breaches at the payment processor level. More interestingly, Visa is testing 'agentic commerce' in Europe. Think of this as AI-driven shopping. In these tests, an AI assistant (or agent) was given permission to handle the transaction on behalf of the consumer. Instead of a customer manually entering card details, their AI agent communicates directly with the bank to authorize a payment. For operators, this hints at a future where your financing offers need to be readable by AI agents, not just human eyes. If an AI is helping a customer choose a financing plan, your 'Buy Now, Pay Later' or credit options need to integrate seamlessly with these digital assistants. While full-scale adoption is still in the testing phase, the shift toward automated, AI-led purchasing is officially underway. Protecting these automated transactions from hackers is why Visa is simultaneously beefing up its security systems.

Source: Finextra — Lending

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