Visa launches Threat Intelligence Platform

Visa Inc. announced the launch of the Visa Threat Intelligence Platform (VTIP), a new solution that helps financial institutions detect and respond to cyber threats that can lead to fraud and financial loss. VTIP leverages the same cybersecurity capabilities Visa uses to protect its own global network, including blocking approximately 90 million cyberattacks and 11 million phishing emails each month. The platform combines cyber and financial intelligence to provide threat, vulnerability, brand, digital identity, and financial intelligence. Visa has invested over $13 billion in technology over the past five years to reduce fraud and increase network security. The platform is designed specifically for the financial sector and aims to help institutions anticipate upstream threats and reduce downstream fraud.