Oscilar, founded in 2021, is a technology company operating in the risk management space. Its core offering is a unified risk decisioning platform that applies real-time AI and data intelligence. The platform is designed to help organizations make intelligent decisions across several critical functions: fraud defense, credit underwriting, onboarding risk assessment, and anti-money laundering (AML) compliance.
The company's technology addresses a significant financial challenge for businesses and consumers. The annual cost of fraud and credit risk to companies is estimated at over $48 billion, while consumer losses from fraud alone amount to $8.8 billion. Oscilar's platform is built to serve clients in industries including banking, fintech, and other digital organizations.
Key technical domains central to Oscilar's work include real-time AI, data intelligence, and risk decisioning. The company develops solutions aimed at providing a consolidated approach to managing various types of financial and operational risk.