Oscilar was founded in 2021 and provides a unified real-time AI and data intelligence platform for risk decisioning. The platform is designed to help banks, fintechs, and other digital organizations address challenges related to fraud, credit risk, and anti-money laundering (AML) compliance.
The company's technology combines real-time AI and data intelligence to support decisions across fraud defense, credit underwriting, onboarding risk, and AML compliance. Its work spans multiple sectors including banking, fintech, insurance, and online transactions.
Oscilar operates in a market where financial crime poses significant costs. Annual fraud and credit risk expenses for companies are estimated at $48 billion, while consumer losses to fraud alone reach $8.8 billion annually.
