Nasdaq Verafin partners with Q6 Cyber for

Nasdaq Verafin has announced a partnership with Q6 Cyber. The collaboration integrates Q6 Cyber's dark web fraud intelligence directly into Verafin's fraud and anti-money laundering platform for financial institutions.

Stolen checks, payment cards, and online banking credentials are increasingly traded in private forums and encrypted channels known as the dark web. The partnership is designed to give banks and credit unions a more comprehensive view of emerging threats by combining Q6 Cyber's dark web monitoring with Verafin's consortium data insights.

Proactive Fraud Protection

Colin Parsons, Head of Fraud Product Strategy at Nasdaq Verafin, stated that financial institutions have been at a structural disadvantage. They typically see threats only after fraudulent transactions begin. He said the integration aims to change that. "We are giving our clients the ability to identify fraud threats before the first fraudulent transaction is ever attempted," Parsons explained. He described this as the proactive protection banks need to stay ahead of rapidly evolving threats.

Through the integration, financial institutions will receive Q6 Cyber data within their existing fraud investigation workflows. Q6 Cyber continuously monitors dark web marketplaces, deep web forums, and encrypted messaging platforms. It identifies threats like compromised checks, payment cards, and online banking credentials.

Combining Intelligence Networks

These risk signals are combined with intelligence from Nasdaq Verafin's consortium data network. That network includes over 2,800 financial institutions and more than 850 million counterparties. The goal is to deliver a holistic picture of fraud risk, enabling earlier identification and response.

Eli Dominitz, CEO of Q6 Cyber, emphasized the uniqueness of their intelligence. "Access to these sources and communities is not something you can buy or crawl," Dominitz said. He attributed its impact to a massive network of proprietary sources built over ten years deep inside the dark web. He stated that every piece of intelligence delivered is a confirmed compromise or threat, not just an exposure score. Putting this intelligence into the Verafin platform places it in front of fraud fighters who can act days or weeks before a fraud event occurs.

Scale and Impact of Dark Web Data

Q6 Cyber's monitoring has revealed a massive scale of compromised data. In the past 18 months alone, the firm collected more than 1.2 million compromised checks, 57 million unique compromised credentials, and 158 million compromised payment cards from the sources it monitors. Because this intelligence comes from inside the communities where stolen data is sold, the partnership is designed to deliver actionable threat intelligence within minutes to hours of it surfacing on the dark web.

Check fraud is a particular concern. According to Nasdaq Verafin’s 2026 Global Financial Crime Report, cited in the source, check fraud has been growing at an annualized rate of 20.4% over the last two years. In a proof-of-concept, companies found an average 10-day window from Q6 Cyber's detection of a stolen check listing on the dark web to the first fraudulent check being returned. This multi-day window allows anti-financial crime teams to take steps to protect customer accounts before a fraudulent transaction is attempted.