National Bank of Canada has deployed fintech Sardine‘s agentic AI solution for financial crime prevention as part of a multiyear partnership.

The bank will implement Sardine’s device intelligence and real-time risk scoring technology across its retail, commercial and wealth operations, according to a Sardine release today. The bank had been piloting Sardine’s platform, which improved fraud detection while reducing false positives and customer friction.

In addition, National Bank of Canada has led a $25 million series C extension round for Sardine, bringing the fintech’s total funding to $170 million.

“We’re excited about the potential of agentic AI, especially in the risk and compliance sphere, and Sardine’s financial crime agents are setting the standard for the category,” Joshuah Lebacq, partner at NAventures, National Bank of Canada’s venture capital arm, stated in the release.

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