Financial technology stories

Aug 3, 2026

Visa to Acquire Fraud Detection Firm BioCatch for $2.4 Billion in Cash

Visa announced it will purchase Israeli behavioral biometrics company BioCatch for $2.4 billion in cash from Permira and other investors, marking the payment giant's largest cybersecurity acquisition as it seeks to combat rising AI-powered fraud and scams.

Aug 3, 2026·8 sources

Jul 30, 2026

Robinhood Reports Record Q2 2026 Results with Revenue Up 32% to $1.31 Billion

Robinhood Markets reported second quarter 2026 revenues of $1.31 billion, up 32% year-over-year, with diluted earnings per share rising 48% to $0.62. The trading platform also recorded $22 billion in net deposits and reached 4.8 million Gold subscribers.

Jul 30, 2026·1 source

Apr 20, 2026

Jane Street Group Plans to Build Own Data Center to Meet AI Computing Demands

Trading firm Jane Street Group announced plans to build and finance its own data center as it scales operations to meet growing demand for computing power in its market-making activities.

Apr 20, 2026·2 sources

Top claims

▪BioCatch will continue to operate as a standalone business within Visa Inc., with its leadership team, reporting structure, and customer relationships remaining unchanged.
▪Visa Inc. agreed to acquire fraud intelligence provider BioCatch for $2.4 billion in cash.
▪Account takeovers and scams cost the global economy over $1 trillion annually, with artificial intelligence enabling these attacks at an unprecedented scale.