02:00 PM EDT, 07/23/2024 (MT Newswires) -- Visa (V) stopped 80 million fraudulent transactions worth $40 billion globally in 2023 because of investments in artificial intelligence and other technology, Reuters reported Tuesday, citing Charles Lobo, regional risk officer for the company in Central and Eastern Europe, Middle East and Africa.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 265.11, Change: -2.60, Percent Change: -0.97