For Visa and rival Mastercard, fighting the explosion of fraud attempts is both a big expense–and an opportunity for profit.
Visa’s Cyber Fusion Center in Ashburn, Virginia is so secure that Michael Jabbara, the San Francisco-based global head of fraud services for the credit card network, has trouble getting through its double set of doors. With a Forbes reporter in tow, he scans his badge to get through the first door, a sensor beeps, but it doesn’t unlock. Finally, with the help of…
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https://www.forbes.com/sites/meganpoinski/2025/03/30/inside-the-ai-arms-race-between-fraudsters-and-visa/