National Bank of Canada has entered a multi-year partnership with Sardine, a risk management platform, to enhance its digital banking security and fraud detection capabilities. The bank will deploy Sardine's device intelligence and real-time risk scoring across its retail, commercial, and wealth management divisions.

The partnership follows a live evaluation where Sardine demonstrated improved fraud detection and reduced false positives for the bank's operations. National Bank of Canada serves approximately 2.7 million clients globally and holds $606 billion in assets as of January 31, 2026.

National Bank of Canada is also leading a $25 million Series C extension funding round for Sardine through its corporate venture capital arm, NAventures. This investment brings Sardine's total funding to $170 million.

"After closely following Sardine's growth and hearing strong feedback from existing customers, we decided to conduct an extensive evaluation of their platform," said Joshuah Lebacq, Partner at NAventures. "The results gave us confidence to make Sardine a strong addition to our financial crime prevention operations."

Sardine CEO and co-founder Soups Ranjan said the company was designed for banks that need to prevent fraud without creating friction for customers. The San Francisco-based company operates what it describes as an agentic risk platform for fighting financial crime.

National Bank of Canada trades on the Toronto Stock Exchange under the ticker TSX: NA. The bank operates through three main business segments in Canada: Personal and Commercial Banking, Wealth Management, and Capital Markets, plus a fourth segment covering U.S. Specialty Finance and International operations.