Browsing: billion

Visa (NYSE:V), the world’s largest electronic-payment processor, rose approximately 1% in Monday’s regular-session trading after agreeing to acquire fraud-intelligence provider BioCatch for $2.4 billion in cash. Visa is buying the business from private-equity firm Permira and other investors. The transaction is intended to expand Visa’s cybersecurity, fraud-prevention, risk-management and security services as financial institutions face…

Entrepreneurs supported by JumpStart Inc. and its partner network generated an estimated $1.9 billion in economic activity across Ohio in 2025, an 11 percent increase over 2024, according to the Cleveland nonprofit’s 2025 Economic and Fiscal Impact Report, released [date]. Since 2010, assisted companies have generated an estimated $16.9 billion in cumulative activity for the…