This technology tool is designed to empower Portuguese financial institutions to rapidly identify and mitigate cyber threats, thereby reducing fraud rates by sharing the security capabilities that protect the multinational's global network.

The new platform is based on the direct correlation between cybersecurity incidents and potential financial losses. The company explains that fraud losses often stem from prior cyberattacks, such as the exploitation of system vulnerabilities or credential theft, carried out well before the actual execution of a banking transaction.

In terms of operational volume, Visa reports blocking approximately 90 million cyberattacks and 11 million phishing emails globally each month; this internal experience served as the foundation for developing and testing VTIP within its own infrastructure prior to its commercial release.

In official statements, Visa’s Country Manager for Portugal, Rita Mendes Coelho, highlighted the relevance of this launch within the local ecosystem.

"In a market like Portugal, where digital payments are a reality, our responsibility is to ensure that innovation and security evolve hand in hand," she noted, adding that the goal of the new tool is to "help partners anticipate and neutralise threats at an earlier stage."

The platform’s capabilities include sharing indicators of compromise linked to malware, flagging specific security vulnerabilities, detecting identity impersonation and brand abuse, and monitoring the digital footprints of executives and employees.

The system also monitors payment data exposed on the dark web and enriches it with analytical insights from the VisaNet network.

The company notes that this launch is part of a broader strategic plan that has invested over $13 billion in technological innovation and network security over the past five years, aimed at bolstering trust in digital payments amid increasingly sophisticated attacks on the financial sector.