Oscilar

"The days of separate systems for KYC transaction monitoring fraud are basically over." Watch Oscilar CEO & Co-founder Neha Narkhede explain why unified risk platforms and a single source of truth are essential for modern financial institutions in this highlight from the American Fintech Council's latest webinar.

📽️ Watch Oscilar CEO & Co-founder Neha Narkhede at Slush 2024 sharing insights on the dual impact of generative AI in risk management: "Generative AI is changing risk management in a big way so you can detect new forms of fraud much faster than ever before. At Oscilar, we use generative AI to create agents, to create co-pilots to make fraud fighting go much, much faster." Neha emphasizes that while the potential is immense, ethical deployment remains paramount: "Especially in the risk management space, we think a lot about bias. We think a lot about transparency of the models. The ethical deployment of the technology is equally important."

As we wrap up an incredible 2024, we're grateful for the trust our partners have placed in Oscilar's mission to revolutionize risk decisioning and fraud prevention. This year has been transformative: 🔸 Launched our Cognitive Identity Intelligence Platform 🔸 Expanded RiskCon events globally across 5 major financial hubs 🔸 Partnered with leading institutions to drive measurable impact in fraud prevention and AML compliance 🔸 Honored with the FINTECH Tech Ascension Award for innovation in AI Risk Decisioning™ Thank you to our amazing customers and partners for being part of our journey in building the future of financial risk management. 🎉 Wishing everyone a joyful holiday season and an innovative 2025!

As APP fraud continues to evolve and challenge financial institutions worldwide, we've published an in-depth article exploring how AI is revolutionizing fraud prevention. With mandatory reimbursement regulations coming into effect in the UK and global losses projected to reach $6.8 billion by 2027, the need for innovative solutions has never been more pressing. In this comprehensive piece, we dive into: 🔹 Why traditional fraud prevention methods struggle with modern APP fraud scenarios 🔹 How AI-powered risk detection is transforming fraud prevention 🔹 The impact of unified data intelligence in identifying complex fraud patterns 🔹 Real results from financial institutions using advanced fraud prevention technology 🔹 The future of intelligent journey orchestration in fraud prevention Did you know that only 25% of APP fraud cases are currently identified by victims' banks? We're changing that narrative with cognitive identity intelligence and AI-driven solutions. Read the article: https://lnkd.in/e6Grha87

💡 Our CEO and co-founder Neha Narkhede was recently interviewed by Kauppalehti, Finland's leading business newspaper, about the future of AI and business transformation. In a wide-ranging conversation, she shared insights on what sets pioneering companies apart in the AI revolution and discussed how Oscilar is helping businesses manage transaction risks through AI-powered solutions. "Companies that are ahead in adopting AI have understood that AI is a strategic resource, not just a technological advancement. They have understood that AI must be embedded in the core of the business, fundamentally changing the company's thinking and operating methods, not just using it as one tool among others." Neha also discussed how Oscilar is enabling risk teams to define and modify their rules using natural language, eliminating the need for coding and making risk management more agile and efficient across all online transactions. 🔗 Read the full (gated) interview here: https://lnkd.in/e5w8aTpR

As 2024 winds down, one thing is clear: the landscape of financial risk is transforming faster than ever. What we've learned this year: Traditional security tools are being openly traded on the dark web, 1 in 3 consumers have faced sophisticated scams, and fraudsters are running operations that mirror legitimate businesses. What we're watching going into 2025: 🔹 The shift from fragmented tools to unified risk platforms 🔹 The emergence of cognitive identity solutions that can't be spoofed 🔹 AI co-pilots that cut investigation time by 60% 🔗 Ready to get ahead of what's next? Read our full article on risk management and fintech trends to watch in 2025: https://lnkd.in/exi8S6Qf

We're pleased to share that Oscilar's partnership ecosystem has grown significantly in 2024, welcoming over 25 new partners who are helping shape the future of AI-powered risk decisioning! 🚀 There are three ways to partner with Oscilar: 🔹 Referral Partners: Perfect for advisory firms, consultants, and software vendors looking to grow their business through our generous referral program 🔹 Reseller Partners: Ideal for payments companies and BaaS providers wanting to integrate or resell our AI Risk Decisioning™ Platform 🔹 Marketplace Partners: Join our ecosystem alongside leading data providers, identity verification services, and technology solutions 🔗 Interested in partnering with us? Check out our new partnerships page to explore collaboration opportunities and join leading companies in transforming financial risk management: https://lnkd.in/dGH6DDHv

🎉 We're excited to share that Oscilar was recently recognized as the Best AI/ML Powered Solution by the Tech Ascension Awards! These awards recognize outstanding achievements in the financial and technology sectors, and this recognition reinforces our team's dedication to revolutionizing risk assessment with our AI Risk Decisioning™ Platform. We're excited to continue our mission of transforming financial risk management through AI innovation! 🔗 Check out the full list of Tech Ascension Award winners: https://lnkd.in/gSVQurrZ

Thank you to everyone who joined our webinar "Navigating the Future of AML: AI-Driven Compliance Solutions for Fintechs and Sponsor Banks" this week! We had a great panel of experts share insights on the evolving AML landscape: Alex Johnson expertly moderated our discussion Kevin Carr shared perspectives on bank-fintech partnerships Ethan Singleton provided regulatory and compliance insights Saurabh Bajaj explored the role of AI/ML in modern compliance Key takeaways:  ✅ AML compliance has become the entry price for banking-as-a-service, with traditional systems struggling to meet modern challenges  ✅ Financial crimes have evolved dramatically, with sophisticated digital schemes replacing traditional methods  ✅ AI/ML solutions have demonstrated remarkable results - one implementation showed: - Detection rate improvement: 30% → 80% - Final false positive rate: 20% ✅ The future requires unified platforms that enable real-time monitoring and seamless collaboration between banks and fintechs 🔗 Missed the webinar? Watch the replay and get all the insights you need to modernize your AML compliance strategy! https://lnkd.in/ejCgftRk  

📽️ Watch Oscilar's CEO & Co-founder Neha Narkhede share her perspective on AI's transformative role in banking compliance during the American Fintech Council webinar: "AI is fundamentally transforming how compliance teams collaborate and operate. From automating routine tasks to suggesting investigation steps, AI's role isn't to replace human expertise - it's about augmenting capabilities and dramatically improving efficiency." Looking ahead, Neha predicts that "over the next 3-5 years, AI will evolve from being just another feature to becoming the cornerstone of compliance operations." Financial institutions that successfully implement AI will be able to scale with half the operational overhead compared to those who don't. At Oscilar, we're at the forefront of this transformation, helping banks harness AI to build more efficient, effective compliance programs while maintaining robust oversight and risk management. 💡 Interested in learning how AI can transform your compliance operations? Let's connect. https://lnkd.in/eF_3FFEt