<div class="views-row views-row-1 views-row-odd views-row-first"
   style="position: relative;">

  <div class="views-field views-field-field-image">
    <div class="field-content">Image will be displayed here</div>
  </div>

  <div class="views-field views-field-title" style="
    position: absolute;
    bottom: 0;
    background: #fff; /*you can use css transparency here*/
    color: #000;
    padding: 5px;">
      <span class="field-content"><a href="link-to-content">Title Of Content</a></span>
  </div>

</div> <!-- end view-row -->

.my-view .views-row {position:relative}
.my-view .views-field-title {position: absolute; blah: blah}