Visa a world leader in digital payments has introduced an enhanced version of A2A Protect, designed to help financial institutions identify and prevent account-to-account (A2A) fraud before funds leave customers’ accounts. The upgraded solution provides real-time risk insights and introduces a unified fraud score, incorporating Featurespace technology for the first time to help banks detect suspicious transactions more efficiently.
The enhancement comes as A2A payments continue to expand globally, with transactions projected to exceed 5.8 trillion by 2028, representing a 160% increase from 2024. A2A Protect uses advanced AI and transfer-learning capabilities to provide banks with global risk intelligence without requiring months of transaction data to build their own fraud models.
Financial institutions that opt into network-level intelligence sharing can also gain insights into emerging scam hotspots and coordinated fraud activity across the payment ecosystem. This broader view can help banks identify patterns that may be difficult to detect using their own transaction data and respond more quickly to emerging threats.
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According to Walter Lironi, Senior Vice President and Head of Value-Added Services for CEMEA at Visa, fraudsters are increasingly moving quickly across different payment channels, making timely risk intelligence essential. The combination of Visa’s payment network expertise and Featurespace technology is intended to give financial institutions an additional layer of protection against fraud.
This solution is designed to work with existing financial institution systems through a single API, helping simplify deployment and reduce implementation complexity. Each alert also provides a plain-language explanation of why a transaction was flagged, enabling fraud teams to assess potential risks more quickly while limiting unnecessary disruption to legitimate customers.
With the enhanced A2A Protect, Visa is strengthening its efforts to help banks detect fraud earlier, respond to emerging scams faster and protect customers without creating unnecessary friction in legitimate payments as account-to-account transactions continue to grow worldwide.
