Financial crime doesn’t respect the walls between banks. A fraud ring can move a stolen identity, a mule account, or a laundering scheme from one institution to the next in hours, while the information that could stop it stays locked inside whichever bank happened to spot it first.
That’s the gap the spotixx Information Sharing Platform was built to close, together with our partner Roseman Labs in the Netherlands. We’re glad to share that spotixx has been awarded funding from the EU’s Eurostars program, backed by Germany’s Federal Ministry of Research, Technology and Space (BMFTR), to take the platform further. Roseman Labs has received its own Eurostars backing in the Netherlands for the same shared project, so this next chapter is being built, and funded, on both sides of the partnership.
Why now
The threat has moved faster than the tools built to catch it. Generative AI now lets criminals produce convincing phishing campaigns, synthetic identities, and forged documents at a scale that would have been unthinkable a few years ago, and a professionalized shadow industry for financial fraud has taken hold worldwide. Meanwhile, the way banks actually talk to each other about fraud hasn’t kept pace: information about a suspicious pattern is still mostly exchanged manually, bank by bank, case by case. That gives criminals an easy way out, they simply move on to the next institution before the last one catches up.
What the funding builds
The spotixx Information Sharing Platform already gives banks a shared view of suspicious patterns that cross institutional lines, patterns no single bank could see on its own, without any sensitive customer data ever leaving the bank where it originated. The new funding, running over two years starting October 1, 2026, will go toward expanding exactly that: more use cases, deeper pattern detection across the network, and a platform solid enough to become long-term industry infrastructure rather than a one-off pilot. spotixx and Roseman Labs will be building this together, and the two teams have recently grown even closer, working side by side on both the technology and the roadmap for what the platform can do next.
How it works
The platform runs on secure multi-party computation (MPC), using encryption technology from our Dutch cryptography partner Roseman Labs. In practice, that means the data behind a suspicious pattern is encrypted before it’s ever processed and stays encrypted throughout, so participating banks can jointly compute on shared signals without seeing each other’s raw data or exposing their own. Two use cases already in practice: blocking accounts flagged as suspicious by one bank before they can be used at another, and cutting down false positives by evaluating a pattern across the whole network instead of in isolation at a single institution. The cryptography is also designed to be quantum-safe, meets GDPR requirements, and supports the audit trails and explainability compliance teams need to act on what the platform surfaces.
the founders Patrick Töniges (spotixx) and Roderick Rodenburg (Roseman Labs)
What’s next
The project is funded under Eurostars, an EU program for cross-border R&D collaboration between innovative SMEs, with funding from the BMFTR under grant reference 01QE2653. Over the next two years, we’ll be sharing what we build along the way, from new detection capabilities to the banks joining the network.
If you work in fraud prevention or compliance at a bank and want to see what the Information Sharing Platform can do for your team, get in touch.
