Visa launches AI fraud‑defense platform as AI‑driven attacks surge worldwide

Visa disclosed that AI‑driven fraud rose 1,210% in 2025, with machines now responsible for nearly half of all attacks. To counter the threat, the payments network introduced the Visa Threat Intelligence Platform (VTIP) at its annual forum in Paris, offering its AI‑based security tools as a commercial service to banks, fintechs and merchants, especially in Africa where rapid digital payments expansion is creating new fraud risks. Visa said its defenses block about 90 million cyber‑attacks and 11 million phishing emails each month, and that its technology helped stop $1 billion in scams over six months.

Separate research reports estimate that AI‑powered identity fraud could cost the United States $40 billion this year. The reports highlight the rise of deepfakes, synthetic identities and automated social‑engineering attacks that can be deployed at scale, affecting sectors such as payments, digital banking and crypto. They note that 67 % of crypto‑related fraud occurs at onboarding, 82 % of payments fraud targets authentication, and 55 % of digital‑banking fraud happens post‑onboarding. Both Visa’s rollout and the industry studies underscore the growing economic impact of AI‑enabled fraud and the push for advanced defensive solutions.