Visa has launched its Scam Disruption Practice to combat emerging fraud, preventing over $350 million in attempted scams in 2024. Operating under Visa Payment Ecosystem Risk and Control, the team combines advanced technology, AI-driven analysis, and human expertise, including former law enforcement and military professionals, to identify and dismantle scam networks.

The initiative focuses on proactive investigations, scam detection, and disruption, working with financial institutions and law enforcement to prevent losses. One major effort shut down nearly 12,000 fraudulent merchants linked to identity verification scams, saving over $37 million.

Visa continues to invest in security, integrating AI and data analysis to protect consumers and businesses. More details are available at Visa.com/security.