Memcyco, a real-time scam and fraud detection company and winner of Fast Company’s 2025 ‘Next Big Things in Tech’ award, has announced a strategic partnership with Candescent as a certified Marketplace partner. Memcyco’s technology will integrate directly within Candescent’s Intelligent Banking platform, which powers how financial institutions engage and serve customers across digital channels. The partnership aims to address a critical gap in existing fraud controls, which remain largely focused on authentication and transaction monitoring. As scam-driven attacks become easier to launch with off-the-shelf tooling, attackers can operate at scale, reducing the time organizations have to detect and respond. Modern attack techniques, including Man-in-the-Middle and remote desktop takeover, further compound the challenge by enabling attackers to operate within seemingly legitimate sessions, often without triggering traditional alerts. Extending fraud detection earlier in the attack flow By embedding Memcyco’s capabilities within the Candescent platform, banks and credit unions can identify and stop scam-driven threats as customers interact, enabling faster intervention and reduced fraud losses without disrupting the digital banking experience. Memcyco extends protection upstream, helping financial institutions identify and respond to threats including digital impersonation and phishing before credentials are abused or fraud is executed. The move also brings preemptive enterprise-grade anti-fraud capabilities within reach for credit unions and regional financial institutions, enabling significant fraud reduction without expanding resources. “Financial institutions are facing increasing pressure to detect and respond to fraud earlier, particularly as attacks become faster and more difficult to identify,” said David Ness, Vice President, Fintech Partnerships at Candescent. “By partnering with Memcyco, we are enabling our clients to improve their ability to detect and respond to fraud earlier in the attack flow and better protect their customers from scam-driven threats.” “Candescent delivers the foundational digital banking experiences that gain customer and member trust by making everyday interactions seamless and secure. By integrating Memcyco directly into its platform, Candescent enables financial institutions to proactively protect their users from sophisticated fraud and impersonation attacks at scale,” said Israel Mazin, CEO of Memcyco. “Becoming a certified Candescent partner reinforces a shared commitment to safeguarding digital banking experiences and equipping institutions with the tools they need to stay ahead of an increasingly complex threat landscape.” Featured image via Shutterstock. The post Memcyco joins Candescent to fight account takeover fraud appeared first on Finbold .