PayLens Radar: Visa buys BioCatch for $2.4bn, Wero lands in Amazon's German checkout

PayLens Radar · Tuesday 11 August

TOP SIGNAL

Visa buys BioCatch for $2.4bn to stop fraud before the payment

Visa agreed to buy Tel Aviv-based BioCatch for $2.4bn in cash from Permira-advised funds. BioCatch reads keystrokes, touch gestures and device handling to spot account takeover and scams, and covers 1.8 billion devices, 760 million users and more than 350 banking clients across 21 countries.

Value-added services are the part of Visa's revenue that interchange caps do not touch, and a $2.4bn cash purchase shows how much future scheme income is meant to come from risk tooling rather than transaction fees. For European acquirers it means a scheme now owns behavioural signals they currently buy from independent vendors.

Visa Investor Relations · Read the article

• Fiserv cuts guidance again as merchant margin drops to 30%

  Organic revenue fell 5% with Merchant Solutions down 1% and its margin at 30.0% against 34.6%, and Fiserv cut full-year guidance to organic minus 1% to flat with adjusted EPS of $7.20 to $7.40.

  GLOBAL

• Amazon puts Wero in its German checkout, iDEAL goes by 2027

  Since 5 August Amazon's German checkout shows the option as iDEAL | Wero, the first step of a migration Amazon plans to finish by the end of 2027, after Lidl added Wero on 24 July.

  DE

IN BRIEF

• Global Payments grows 4% normalised in its first full Worldpay quarter

  GLOBAL

• PayPal branded checkout holds at 2% as European markets steady

  EU

• EPI delays Wero in Luxembourg to 1 September, Payconiq ends 30 September

  EU

• Mastercard routes its merchant services through Fiserv Commerce Hub

  GLOBAL

• Klarna switches on inside J.P. Morgan's commerce platform

  GLOBAL

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