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Visa Launches Cyber Threat Intelligence Platform For Financial Institutions

Visa has launched the Visa Threat Intelligence Platform (VTIP), a new cybersecurity solution designed to help financial institutions identify and contain cyber threats before they lead to fraud, financial losses or operational disruption.

A Shift From Response To Prevention

VTIP builds on the same cybersecurity technologies Visa uses to protect its global payments network. Rather than focusing solely on fraudulent transactions, the platform aims to detect the earlier stages of an attack, including credential theft, data breaches and system compromise.

Those threats can emerge anywhere across the payments ecosystem, from merchants and card issuers to acquirers and payment service providers, with stolen data often ending up on illicit marketplaces before being used for fraud.

Detecting Threats Earlier

“Fraud is often the result of cyber attacks that are not identified in time,” said Nikos Petrakis, Country Manager of Visa in Greece.

“With the Visa Threat Intelligence Platform, we are helping financial institutions identify risks earlier and respond more effectively before they evolve into fraud or financial losses.”

According to Petrakis, combining cybersecurity intelligence with payment data enables financial institutions to strengthen customer protection, reduce fraud-related losses and reinforce trust in digital payments.

Developed Inside Visa’s Own Network

Visa said the platform was created by its internal cybersecurity teams and tested across the company’s global payments network before being offered to customers.

The company says it blocks around 90 million cyberattacks and 11 million phishing emails every month across more than 200 countries as part of its efforts to maintain uninterrupted payment services.

Built For Financial Institutions

VTIP is designed for cybersecurity, fraud prevention and risk management teams.

Its capabilities include detecting malware and indicators of compromise, identifying organisation-specific vulnerabilities, monitoring brand impersonation, protecting executives and employees from identity-based attacks, and identifying stolen payment credentials circulating on the dark web.

By combining multiple intelligence sources, the platform helps financial institutions prioritise risks and respond before cyber incidents escalate into large-scale fraud.

Growing Investment In Payment Security

The launch reflects Visa’s broader investment in cybersecurity as digital payment ecosystems become increasingly complex. The company said it has invested more than $13 billion over the past five years in technologies designed to strengthen network security and reduce fraud.

As cyber threats continue to evolve, Visa aims to give financial institutions access to the same intelligence capabilities it uses to protect its own global payments infrastructure.

Europe’s Deadly Summer Heat Exposed The Cost Of A Warming Continent

Europe experienced its deadliest summer for heat-related deaths on record in 2026, with an estimated 24,400 excess deaths linked to extreme temperatures across 30 countries. Researchers estimate that human-induced climate change was responsible for around 32,000 of the deaths attributed to heat in the study’s broader analysis, accounting for 65% of the total.

The findings highlight the growing public-health consequences of global warming, largely driven by fossil fuel use, as extreme heat becomes more frequent and severe.

A Summer Of Dangerous Heat

Between June and August, heatwaves pushed temperatures in Western Europe to an average of 2.9°C above the 1991–2020 norm, with some days reaching 12°C above average. Nearly a third of estimated heat-related deaths occurred during a particularly intense heatwave between 17 June and 1 July.

“These numbers are a stark reminder that our hotter, more extreme summers are having an increasingly severe impact on public health,” said Dr Clair Barnes, a researcher at Imperial College London and co-author of the study.

The estimated toll exceeded previous peaks of around 29,000 deaths in summer 2022 and 28,000 in 2003 across the region studied.

How Researchers Estimated The Toll

Researchers modelled the relationship between temperature and mortality across 854 urban areas in the EU, UK, Norway and Switzerland, covering around 40% of the population in the 30 countries studied.

The analysis incorporated temperature records, age, socioeconomic conditions, environmental factors and access to healthcare. By comparing actual temperatures with those expected without human-induced warming, the team estimated the additional deaths attributable to climate change.

Final official mortality figures for summer 2026 are not yet available in many countries, and heat-related deaths are often underreported because their effects can be difficult to identify directly.

Older People Face The Greatest Risk

People aged 85 and over accounted for roughly half of the estimated deaths. However, the impact extended across age groups, with around 800 excess deaths among adults aged 20–44 and approximately 6,000 among people under 65.

Southern Europe experienced the highest mortality burden, reflecting hotter temperatures and other vulnerabilities, including air pollution, limited green space and unequal access to healthcare and heat-alert systems.

Italy, France And Spain Record Highest Toll

Italy recorded an estimated 13,303 heat-related excess deaths, followed by France with 7,268 and Spain with 6,824. Germany recorded around 6,340, while the UK saw an estimated 4,354 deaths.

In the UK, the heat also placed significant pressure on healthcare services. Andrew Hartle, Professor of Practice of Anaesthesia at Imperial College Healthcare, said demand during the summer resembled that of a severe winter virus season.

Cities Urged To Strengthen Heat Protection

Researchers say cities can reduce the risks through climate shelters, external shading and building retrofits, alongside measures to help residents avoid exposure during the hottest hours. Checking on vulnerable people, staying hydrated and following heat alerts are also important.

The researchers stress that adaptation must go hand in hand with reducing fossil fuel use to limit further warming. The findings underline that extreme heat is already a major public-health threat across Europe, with thousands of lives at risk each summer.

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