SmartsAi Contracts LTD Partners with Visa Inc. to Enhance Digital Fraud Prevention

In a significant strategic move aimed at bolstering digital security and combatting fraud in the contracting arena, SmartsAi Contracts LTD has announced a partnership with Visa Inc., one of the world’s leading digital payment and fraud prevention companies.

According to Visa’s 2021 Annual Report, the company processed approximately 188 billion transactions during the year, a figure that underscores its global reach and the robust capability of its fraud monitoring systems. Leveraging this vast operational data, the alliance will integrate Visa’s advanced fraud detection and risk assessment technologies into SmartsAi Contracts LTD’s AI‑powered contract automation platform. This integration is expected to provide enhanced real‑time security measures, reducing exposure to fraudulent activities and ensuring a higher level of trust among digital contracting and payment processes.

“Partnering with Visa Inc. is a milestone for us,” said John Doe, CEO of SmartsAi Contracts LTD. “Visa’s industry‑leading fraud prevention tools, which help safeguard billions of transactions each year, will directly complement our mission to offer secure, efficient contract management solutions. This collaboration equips our clients with the innovative protection they need in today’s dynamic digital marketplace.”

Global data from the Association of Certified Fraud Examiners reveals that digital fraud incidents have risen by over 20% in recent years. Amid these challenging trends, the alliance is seen as both timely and critical. Analysts note that combining SmartsAi Contracts LTD’s AI‑driven automation with Visa’s robust fraud control measures not only sets a new industry benchmark but also provides a strategic advantage in mitigating risks that affect both companies and their customers.

The integration process is scheduled to begin in Q3 2023, with an initial rollout planned for key markets in North America and subsequent expansions into Europe and Asia. This phased approach is expected to ensure seamless implementation and allow both companies to refine the system through real‑world feedback from early adopters.

This partnership highlights the growing importance of digital security and fraud prevention in an increasingly interconnected global economy. By joining forces with a globally recognized fintech leader, SmartsAi Contracts LTD is well-positioned to enhance its service offerings and reinforce its commitment to protecting digital transactions and contractual integrity.

For further details and ongoing updates, stakeholders and interested parties are encouraged to refer to the official press releases on Visa’s website and the media center of SmartsAi Contracts LTD.