Nasdaq Verafin and Stablecore Partner to Unify Fiat and Digital Asset Financial Crime Detection
Nasdaq Verafin and Stablecore will connect on-chain and traditional banking data so financial institutions can assess financial crime risk across both channels.
Rhea-AI Summary
Nasdaq Verafin (NDAQ) and Stablecore announced a partnership to connect digital asset transaction data with traditional banking data in Nasdaq Verafin’s anti-financial crime platform.
The integration brings Stablecore-powered stablecoin, tokenized deposit and other digital asset activity directly into Nasdaq Verafin, giving banks and credit unions a unified view of customer risk across fiat and digital asset channels. Stablecore maintains digital asset holdings and transaction records without personally identifiable information, while financial institutions’ core systems retain customer and account data that is combined in Nasdaq Verafin for investigations and monitoring. The integration is in beta with select customers, including Amarillo National Bank, with broader rollout to mutual customers planned for Q4 2026 and Q1 2027, and future real-time sanctions screening for digital asset transfers.
Positive
- None.
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, Sept. 15, 2026 (GLOBE NEWSWIRE) -- Nasdaq Verafin and Stablecore today announced a partnership that unifies digital asset and traditional banking data to help financial institutions detect financial crime across fiat and digital asset activity. Stablecore provides the infrastructure banks and credit unions use to offer stablecoins, tokenized deposits, and other digital asset services inside their existing systems. The partnership brings digital asset transaction activity from Stablecore directly into the Nasdaq Verafin platform, giving banks and credit unions a consolidated view of financial crime risk exposure as they expand into digital asset services. With a more complete view of financial crime risk exposure, this partnership helps financial institutions meet customer demand for digital asset offerings while addressing evolving compliance requirements.
Financial institutions have historically had limited visibility into on-chain financial activity, leaving a gap when financial crime spans fiat and digital asset channels. The partnership will help address this gap by integrating fiat-to-digital asset and digital asset-to-fiat transaction flows from Stablecore with existing customer data and compliance infrastructure in Nasdaq Verafin’s comprehensive anti-financial crime platform. Through this partnership, Stablecore houses digital asset holdings and transaction information without storing personally identifiable information, while the bank's core banking system retains customer and account data. Data from both sources flows into Nasdaq Verafin, where it is consolidated into a single customer profile for investigation and risk assessment.
“Criminals increasingly move between on-chain and off-chain channels to obscure their activity and avoid detection,” said Rob Norris, SVP, Head of Product Strategy, Nasdaq Verafin. “By integrating Stablecore’s digital asset infrastructure with Nasdaq Verafin’s holistic financial crime management technology platform, we are giving financial institutions visibility into the full scope of their customers’ transactions, so that criminals cannot hide no matter where they move money.”
The partnership comes as adoption of stablecoins, tokenized deposits and digital assets continues to grow among consumers and businesses. Today's global digital asset market represents approximately
“Digital assets become viable within banking when financial institutions can have the same very high standards around compliance and fraud detection as their existing products,” said Alex Treece, Co-founder and CEO, Stablecore. “Through this partnership, Stablecore provides the infrastructure for secure digital asset services while Nasdaq Verafin ensures that activity is monitored with the same rigor as traditional payments – a significant evolution in making digital assets a safe and secure option for banks, credit unions and their customers.”
The integration is currently in beta with select customers, including Amarillo National Bank, with plans to roll out to mutual customers of Nasdaq Verafin and Stablecore in Q4 2026 and Q1 2027. Following the initial integration, Nasdaq Verafin and Stablecore will partner to offer real-time sanctions screening for counterparties receiving digital asset transfers. This capability will integrate directly into Nasdaq Verafin’s existing sanctions screening program, allowing financial institutions to build a robust BSA/AML compliance program that protects against digital assets sanctions risks.
“Our customers want access to emerging payment methods, and we need to meet that demand without compromising safety,” said William Ware, President, Amarillo National Bank. “This partnership ensures our team maintains full visibility across traditional and digital assets activity, while allowing our team to seamlessly incorporate on-chain data into our investigations.”
To learn more about the partnership, please visit https://verafin.com/partnerships/.
About Nasdaq Verafin
Nasdaq Verafin provides Financial Crime Management Technology solutions for Fraud Detection and Management, AML/CFT Compliance and Management, High Risk Customer Management, Sanctions Screening and Management, and Information Sharing. More than 2,800 financial institutions, representing
About Stablecore
Stablecore enables banks and credit unions to offer instant payments, stablecoins, tokenized deposits and digital assets from a single platform. Stablecore integrates seamlessly with existing digital banking, core banking and compliance systems. Stablecore is backed by leaders in banking and digital assets, including Norwest, BankTech Ventures, Curql, EJF Ventures, Bankers Helping Bankers Fund and others. Learn more at www.stablecore.com.
Cautionary Note Regarding Forward-Looking Statements:
Information set forth in this release contains forward-looking statements that involve a number of risks and uncertainties. Nasdaq cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Forward-looking statements can be identified by words such as “will,” “believe”, “ensure” and other words and terms of similar meaning. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq’s control. These risks and uncertainties are detailed in Nasdaq’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on Nasdaq’s investor relations website at http://ir.nasdaq.com and the SEC’s website at www.sec.gov. Nasdaq undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.
Nasdaq Verafin Media Relations Contact
Nick Eghtessad
+1.929.996.8894
Nick.Eghtessad@Nasdaq.com
Stablecore Media Relations Contact
Tisha Ferraro-Schmitz
stablecore@calibercorporateadvisers.com
NDAQF
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How does the Nasdaq Verafin–Stablecore integration handle customer and transaction data?
Stablecore houses digital asset holdings and transaction information but does not store personally identifiable information. Customer and account data remain in the bank’s core banking system. Data from Stablecore and the core system flow into Nasdaq Verafin, where they are combined into a single customer profile for investigation and risk assessment.
What kinds of digital asset activity are included in this partnership?
The integration covers digital asset transaction activity supported by Stablecore, including stablecoins, tokenized deposits and other digital asset services that banks and credit unions offer within their existing systems.
When will the integration be available to more financial institutions?
The integration is currently in beta with select customers, including Amarillo National Bank. The companies plan to roll it out to mutual customers of Nasdaq Verafin and Stablecore in Q4 2026 and Q1 2027.
What future compliance capabilities are planned under this partnership?
Following the initial integration, Nasdaq Verafin and Stablecore plan to offer real-time sanctions screening for counterparties receiving digital asset transfers. This capability is expected to integrate directly into Nasdaq Verafin’s existing sanctions screening program to help financial institutions address digital asset sanctions risks within their BSA/AML compliance programs.
How does this partnership help financial institutions with investigations and monitoring?
By integrating Stablecore’s on-chain transaction data into Nasdaq Verafin’s platform, financial institutions can monitor money flows on- and off-chain, conduct investigations faster and maintain visibility across both traditional and digital asset activity when assessing financial crime risk.