DataVisor, a provider of AI-powered fraud and risk platforms, has announced a strategic partnership with VeriPark, a digital banking solutions provider, to integrate a joint fraud and device intelligence solution directly into VeriPark’s platform for credit unions across Canada, with Beem Credit Union confirmed as an early customer.
The collaboration aims to provide seamless, out-of-the-box fraud protection to credit unions by embedding DataVisor’s advanced fraud and risk platform, alongside its enriched device intelligence, into VeriPark’s digital banking platform. This integration allows credit unions to access real-time, AI-powered fraud prevention without the need for complex custom implementations, thereby accelerating deployment, reducing operational overhead, and enhancing member experiences across digital channels.
According to DataVisor’s 2025 Fraud and AML Executive Report, 75% of surveyed financial institutions acknowledge that malicious actors are utilizing AI more effectively than legitimate organizations. This partnership is designed to equip credit unions with DataVisor’s next-generation AI-powered fraud prevention framework, which leverages AI Agents, an ensemble of machine learning models, and device intelligence. By integrating these advanced defenses, credit unions can counter evolving fraud schemes and maintain a secure digital environment.
Yinglian Xie, CEO and Co-Founder of DataVisor, stated, “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.”
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.”
Beem Credit Union, which manages over $17 billion in assets and serves 193,000 members, is among the first to deploy this joint solution. As part of its digital transformation strategy, Beem proactively selected DataVisor to safeguard high-priority digital use cases, including account takeovers (ATOs) and money movement, to ensure advanced fraud defense for its members from inception.
Brian Harris, CEO of Beem Credit Union, commented, “Our members count on us to protect what matters most — their financial well-being. By integrating advanced fraud protection into our digital banking experience, we’re enhancing how we safeguard members across key touchpoints. It’s part of our commitment to combine the trust of a credit union with the agility of a fintech by building secure, seamless experiences that evolve with our members’ needs.”
This collaboration between VeriPark and DataVisor aims to establish a new benchmark for embedded security within digital banking, enabling credit unions to pursue growth and innovation confidently while remaining protected against emerging fraud threats.
