TLDR: VeriPark, a prominent digital banking solutions provider, has partnered with DataVisor, a leader in AI-powered fraud and risk platforms, to offer credit unions an embedded, real-time AI-driven fraud protection solution. This collaboration aims to provide seamless defense against sophisticated fraud threats without requiring complex custom integrations, enhancing security and member experience across digital channels.
MOUNTAIN VIEW, Calif. – October 1, 2025 – In a significant move to bolster digital banking security, DataVisor, a global leader in AI-powered fraud and risk management, today announced a strategic partnership with VeriPark, a leading provider of digital banking solutions for financial services. This collaboration introduces a joint, ongoing fraud and device intelligence solution designed to deliver seamless, out-of-the-box fraud protection for credit unions, particularly across Canada, through VeriPark’s digital banking platform.
The partnership addresses the escalating challenge of financial fraud, with DataVisor’s 2025 Fraud and AML Executive Report indicating that 75% of surveyed financial institutions recognize that malicious actors are leveraging AI more effectively than legitimate organizations. By integrating DataVisor’s advanced fraud and risk platform, which includes enriched device intelligence, directly into VeriPark’s ecosystem, credit unions will gain immediate access to real-time, AI-powered fraud prevention. This integration is engineered to bypass the need for complex custom setups, thereby accelerating deployment, alleviating operational burdens, and significantly improving member experiences across all digital touchpoints.
The joint solution leverages DataVisor’s next-generation AI-powered fraud prevention framework, which is powered by AI Agents and an ensemble of sophisticated machine learning models. These advanced defenses, now embedded within VeriPark’s platform, are set to empower credit unions to proactively combat fraudsters while maintaining a fluid and secure digital experience for their members.
Yinglian Xie, CEO and Co-Founder of DataVisor, emphasized the importance of this alliance, stating, “As credit unions accelerate their digital transformation, security and trust are essential. Our partnership with VeriPark delivers an end-to-end fraud prevention solution that’s natively embedded where members transact—making it faster and easier for credit unions like Beem to protect their users without sacrificing convenience.”
Echoing this sentiment, Barry Frame, Chief Revenue Officer at VeriPark, added, “Credit unions need scalable fraud solutions to combat increasingly sophisticated threats while maintaining an engaging digital experience. Our partnership with DataVisor makes this possible by embedding AI-powered fraud protection directly into VeriPark Digital Banking. Together, we’re empowering credit unions to deliver secure, seamless member experiences without compromise.”
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Among the early adopters of this innovative solution is Beem Credit Union, one of Canada’s largest and most innovative credit unions, boasting over $17 billion in assets and serving 193,000 members. This partnership between VeriPark and DataVisor is poised to establish a new benchmark for embedded security in digital banking, enabling credit unions to confidently pursue growth, foster rapid innovation, and effectively counter the evolving landscape of fraud threats.
