Mastercard has agreed to buy threat intelligence company Recorded Future from private equity firm Insight Partners for $2.65 billion, the payments company said on Thursday. The acquisition will bring expanded threat intelligence capabilities to the New York-based payments firm,

The payments giant plans to incorporate Recorded Future’s hacker threat intelligence and AI into its fraud prevention and identity services.

Mastercard Inc. said Thursday it will pay $2.65 billion to acquire Recorded Future Inc., a threat-intelligence company based in Somerville, Mass., with more than 1,900 employees in 75 countries. Insight Partners,