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Oscilar introduces generative AI powered platform for fraud prevention
Help Net Security www.helpnetsecurity.com
Oscilar unveiled a generative AI risk decisioning offering that enables companies to manage credit, fraud, and compliance risks. Even the most well-funded companies struggle to keep up with the increasing pace and sophistication of fraud schemes, which led to more than $8 billion in consumer losses last year,” said Oscilar CTO Sachin Kulkarni. “Our newest AI Risk Decisioning solution, radically expedites risk decision-making, greatly reduces human effort spent on manual decision-making, and establishes scalable fraud … More
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ai risk companies compliance consumer credit cto fraud fraud prevention fraud schemes generative generative ai industry news led losses manage platform prevention risk risks