September 3, 2025 — Nasdaq Verafin has entered into a strategic partnership with behavioral biometrics leader BioCatch to take on the rising wave of payments fraud. This collaboration combines Nasdaq Verafin’s consortium-based fraud detection with BioCatch’s behavioral insights, creating a stronger defense against increasingly complex scams.
The timing is critical. Payments fraud is surging alongside the growth of instant payments. Criminals are exploiting speed to move money quickly, leaving banks and victims struggling to react in time. Global fraud losses were estimated at nearly $486 billion in 2023, with payment fraud a major contributor.
BioCatch brings a unique weapon to the table: real-time behavioral signals. Subtle cues such as typing patterns, screen pressure, swipe speed, and micro-pauses are analyzed to separate genuine users from impostors. These signals generate immediate risk scores, allowing suspicious activity to be flagged the moment it happens.
On the other side, Nasdaq Verafin supports more than 2,600 financial institutions representing over $10 trillion in assets. Its network data covers over 725 million counterparties worldwide, providing a sweeping view of fraud patterns across the financial ecosystem.
The integration means BioCatch’s behavioral alerts will flow directly into Nasdaq Verafin’s platform, giving fraud teams a unified dashboard of behavioral and transactional data. This not only reduces false alarms but also accelerates investigations and stops fraudulent transfers before funds leave accounts.
Leaders from both companies stressed the urgency and impact of this alliance. Stephanie Champion, Head of Nasdaq Verafin, said, “As criminal threats grow in scale and sophistication each day, the need for greater industry collaboration has never been more urgent.”
BioCatch CEO Gadi Mazor added, “The job of a fraud fighter is hard. This partnership makes it immediately easier, enabling real-time decision-making across sessions, users, and networks.”
Amelia Ahlgren Lurie, Chief Strategy Officer at BioCatch, emphasized the power of micro-level signals: “The milliseconds between a keystroke or the pressure of your finger on the screen—all these data points can be captured and correlated to reveal intent.”
Mauriceo Castanheiro, VP & Head of International Payments Fraud at Nasdaq Verafin, highlighted the balance between safety and customer experience: “You want to stop the bad activity, but you don’t want to inconvenience your good customers. This precision helps institutions make the right decision in real time.”
The partnership rollout is happening in stages. The first phase already places BioCatch alerts into Nasdaq Verafin’s environment. Future phases will include deeper product integrations, co-developed tools, and joint research initiatives, as well as industry webinars to share insights.
For financial institutions, this collaboration offers sharper defenses, operational efficiency, and a way to keep pace with fraudsters’ evolving tricks. For consumers, it means stronger protection without unnecessary friction. Nasdaq Verafin and BioCatch are betting that by uniting consortium intelligence with behavioral science, they can tilt the balance in favor of trust in the payments landscape.
