Spotixx, Roseman Labs win Eurostars grant for cross-bank fraud platform
What's the deal? German fintech spotixxDealroom has a profile for this one. Try Dealroom → and Dutch cryptography firm Roseman Labs have secured a grant from the EU's EurostarsDealroom has a profile for this one. Try Dealroom → program to scale a cross-bank fraud prevention platform. The two-year project begins October 1, 2026, backed by Germany's Federal Ministry of Research, Technology and Space (BMFTR) and the Netherlands Enterprise Agency (RVO)Dealroom has a profile for this one. Try Dealroom →.
What's the endgame? The funding, reference 01QE2653, supports the spotixx Information Sharing Platform — a collaborative layer that lets banks spot fraud crossing institutional lines. The grant aims to turn it into long-term industry infrastructure rather than a one-off pilot.
How it works: The platform uses secure multi-party computation (MPC) from Roseman Labs, which keeps data encrypted before and during processing. That lets banks jointly analyse shared signals without exposing raw data or breaching GDPR. Current uses include blocking flagged accounts before they move elsewhere and cutting false positives by adding network-wide context.
Why now? Fraud rings move stolen identities and mule accounts between banks in hours — faster than manual sharing can track. Generative AI compounds the problem, letting criminals produce convincing phishing and synthetic identities at scale.
"Financial crime doesn't respect the walls between banks," spotixx said in its release. "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."
Who's behind it? Spotixx, led by founder Patrick Töniges, focuses on financial crime prevention. Roseman Labs, founded by Roderick Rodenburg, supplies the cryptographic framework. The two teams have recently integrated operations to align their technology and development roadmaps.
The signal: The grant reflects growing momentum behind collaborative anti-money laundering, where privacy-preserving cryptography lets institutions share fraud intelligence without handing over customer data — a model regulators and banks may increasingly lean on as AI-driven fraud scales.
Read more: ffnews.com
Image credit: Yu. Samoilov
