Spotixx and Roseman Labs Secure EU Funding for Cross-Bank Fraud Prevention Platform

German fintech spotixx and Dutch cryptography firm Roseman Labs have secured funding from the EU’s Eurostars program to scale a cross-border fraud detection platform. For fintech professionals, this represents a significant push toward collaborative anti-money laundering (AML) efforts, using secure multi-party computation to bridge the information gap between institutions without compromising sensitive customer data.

What was announced

The funding, backed by Germany’s Federal Ministry of Research, Technology and Space (BMFTR) and the Netherlands’ RVO, supports the expansion of the spotixx Information Sharing Platform. This initiative aims to address the speed at which modern fraud rings operate, often moving stolen identities or mule accounts between banks faster than manual information-sharing processes can track. The current landscape is further complicated by the rise of Generative AI, which enables criminals to produce convincing phishing campaigns and synthetic identities at an unprecedented scale, creating a professionalized shadow industry for financial fraud.

The project is scheduled to run for two years, beginning October 1, 2026. It focuses on enhancing the platform's ability to detect suspicious patterns that cross institutional lines—patterns that remain invisible to individual banks operating in isolation. The technology utilizes secure multi-party computation (MPC) provided by Roseman Labs, ensuring that data is encrypted before and during processing. This allows participating banks to jointly analyze shared signals without exposing raw data or violating GDPR requirements.

Key use cases currently in practice include the proactive blocking of accounts flagged by one institution before they can be utilized elsewhere and the reduction of false positives by contextualizing patterns across the wider network. The platform is designed to be quantum-safe and provides the necessary audit trails and explainability for internal compliance teams. The Eurostars grant, reference 01QE2653, will facilitate deeper pattern detection and the transition of the platform into a long-term piece of industry infrastructure rather than a one-off pilot.

"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."

Source release from spotixx.

The companies involved

Based in Germany, spotixx is a fintech specialist focused on financial crime prevention. The company, led by Founder Patrick Töniges, operates the spotixx Information Sharing Platform, which serves as a collaborative layer for banks to identify cross-institutional fraud. Its primary mission is to provide a shared view of suspicious activity that individual institutions cannot detect on their own, leveraging advanced analytics to stay ahead of professionalized fraud industries.

Roseman Labs, headquartered in the Netherlands, provides the underlying cryptographic framework for the partnership. Founded by Roderick Rodenburg, the firm specializes in secure multi-party computation (MPC). This technology allows for the analysis of sensitive datasets while they remain encrypted, a critical requirement for financial institutions bound by strict privacy laws. The two teams have recently integrated their operations more closely to align their technology and development roadmaps.

The project is supported by Eurostars, an international funding and support program specifically designed for innovative small and medium-sized enterprises (SMEs) engaging in cross-border research and development. In this instance, the funding is distributed through national bodies: the BMFTR in Germany and the RVO in the Netherlands. By facilitating collaboration between German and Dutch entities, the program aims to foster technological solutions that address pan-European challenges like financial crime and money laundering. This cross-border backing underscores the necessity of international cooperation in securing the financial sector against globalized criminal networks.

What this means

The banking industry is currently grappling with a "silo problem," where privacy regulations can inadvertently protect criminals by preventing banks from sharing intelligence in real-time. This announcement signals a shift toward privacy-enhancing technologies (PETs) as the potential standard for AML compliance. By utilizing MPC, spotixx and Roseman Labs are challenging the traditional trade-off between data privacy and effective fraud detection. The market is under increasing pressure to adopt these collaborative models as generative AI lowers the barrier for sophisticated phishing and synthetic identity fraud. The success of such platforms will likely depend on whether the broader banking sector accepts shared infrastructure over proprietary, isolated systems.