Nasdaq Verafin and Stablecore Partner to Unify Financial Crime Detection Across Crypto and Fiat

Rob Norris, Nasdaq Verafin’s senior vice president and head of product strategy, said the integration will give institutions “visibility into the full scope of their customers’ transactions, so that criminals cannot hide no matter where they move money.”
Stablecore’s infrastructure is designed to let banks and credit unions offer digital-asset services through their existing core banking and digital-banking systems, rather than requiring separate customer-facing systems.
Stablecore co-founder and CEO Alex Treece described the partnership as a way to apply the compliance and fraud controls already used for traditional banking products to digital assets, potentially making such offerings more viable within regulated institutions.
The companies positioned the integration as a response not only to crime risk but also to customer demand for instant payments and tokenized financial products, allowing banks to expand digital-asset services without creating separate compliance processes.
The announcement was issued in New York on Sept. 15, 2026, and described the partnership as addressing evolving compliance requirements as banks and credit unions broaden their digital-asset offerings.
Nasdaq Verafin and Stablecore announced a partnership to help banks and credit unions spot financial crime across traditional banking and digital assets. The deal links Stablecore's blockchain transaction data with Verafin's anti-crime platform, creating one unified view of each customer's money movements—whether they move funds between bank accounts or cryptocurrency wallets. Nasdaq and Stablecore say the integration stops criminals from hiding by switching between conventional and digital channels.
The partnership arrives as the digital asset market has grown to roughly $2.4 trillion and banks face growing pressure to comply with financial-crime rules. The deal allows regulated institutions to offer stablecoins and tokenized deposits without creating separate compliance systems or customer-facing platforms.
When criminals move money from a bank account to a cryptocurrency wallet, regulators and institutions often lose track. Stablecore's blockchain data feeds directly into Verafin's system, giving banks complete visibility. Rob Norris, Nasdaq Verafin's senior vice president, said the deal gives institutions "visibility into the full scope of their customers' transactions, so that criminals cannot hide no matter where they move money." Stablecore keeps the digital-asset records separate from personal data, while the bank retains customer identity information.
Historically, banks wanting to offer cryptocurrency or stablecoin services had to build entirely new platforms or partner with outside firms. Stablecore's infrastructure plugs directly into existing core banking systems used by over 3,000 U.S. banks and credit unions. Stablecore co-founder and CEO Alex Treece said the partnership applies compliance controls already used for traditional banking to digital assets, making such offerings more feasible inside regulated institutions.
Banks increasingly face pressure to meet customer demand for instant payments and tokenized financial products. The Nasdaq-Stablecore deal lets regulated institutions expand digital-asset services without creating separate compliance workflows. By September 15, 2026, when the partnership was announced in New York, the companies positioned the integration as a response to both crime risk and the need to keep up with customer expectations for faster, borderless transactions.
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