Nasdaq Verafin Partners with Q6 Cyber to Deliver Dark Web Fraud Intelligence to Financial Institutions

Nasdaq Verafin has announced a partnership with Q6 Cyber that will integrate dark web fraud intelligence directly into Verafin’s fraud and anti‑money laundering platform, giving financial institutions earlier visibility into emerging threats.

The collaboration brings together Q6 Cyber’s monitoring of dark web marketplaces, deep web forums, and encrypted messaging channels with Verafin’s consortium data network of more than 2,800 financial institutions and 850 million counterparties. The goal is to help banks and credit unions identify compromised checks, payment cards, and online banking credentials before fraud attempts occur.

“Financial institutions have long been at a structural disadvantage when it comes to fraud, as they can only see threats once they arrive,” said Colin Parsons, Head of Fraud Product Strategy at Nasdaq Verafin. “By integrating Q6 Cyber’s capabilities directly into Nasdaq Verafin, we are giving our clients the ability to identify fraud threats before the first fraudulent transaction is ever attempted.”

Through the partnership, Q6 Cyber’s intelligence will be delivered within the same workflow investigators use to analyze fraud cases, enabling earlier intervention. Q6 Cyber says its network of proprietary sources provides first‑hand access to communities where stolen financial data is traded, allowing it to surface confirmed compromises rather than risk scores.

“Access to these sources and communities is not something you can buy or crawl,” said Eli Dominitz, CEO of Q6 Cyber. “Every piece of intelligence we deliver is a confirmed compromise or threat. Bringing that into Nasdaq Verafin puts it in front of the fraud fighters who can act on it days or weeks before the fraud event even occurs.”

Q6 Cyber reported that in the past 18 months it collected more than 1.2 million compromised checks, 57 million unique compromised credentials, and 158 million compromised payment cards. Because this intelligence comes directly from dark web communities, the companies say it can be delivered within minutes to hours of appearing online — often well before criminals attempt to use the stolen data.

Check fraud remains one of the fastest‑growing fraud types, increasing at an annualized rate of 20.4% over the past two years, according to Nasdaq Verafin’s 2026 Global Financial Crime Report. In a proof‑of‑concept, institutions found that the average time between Q6 Cyber detecting a stolen check listing and the first fraudulent check being returned was 10 days, giving banks a multi‑day window to intervene and protect customer accounts.