#USA #Oscilar #Markaaz #AI Risk Decisioning #Palo Alto, Austin

Enhancing Risk Management through Strategic Partnership

In an impactful collaboration, Oscilar, renowned for its AI Risk Decisioning™ platform, has joined forces with Markaaz, a leading global business identity platform. This partnership aims to revolutionize risk decisioning by uniting verified business intelligence with AI-native workflows.

A New Era in Business Intelligence

The primary goal of this strategic alliance is to seamlessly embed Markaaz's robust global business intelligence into Oscilar’s comprehensive risk management framework. Oscilar's platform is designed to provide no-code solutions that are efficient and accessible, enabling companies to enhance their risk-related processes significantly.

Markaaz contributes a wealth of data, including detailed corporate entity profiles, ultimate beneficial ownership (UBO) connections, and firmographic information, all of which are invaluable to enterprises and financial institutions. By integrating this data into Oscilar's systems, users can expect faster and more accurate risk evaluations across various domains such as onboarding, fraud prevention, credit assessment, and compliance monitoring.

Key Benefits of the Partnership

This partnership is poised to bring considerable advantages to organizations that utilize the integrated platform:
1. Improved Approval Rates: Leveraging Markaaz's algorithms, organizations can expect to increase their approval rates while simultaneously minimizing false positives through real-time scoring and anomaly detection provided by Oscilar.
2. Streamlined Onboarding Processes: Integrating business intelligence signals early on in the automated workflows helps reduce the burdensome manual reviews that often slow down processes, particularly during customer onboarding.
3. Robust Fraud Prevention: The partnership aims to fortify fraud and compliance resilience by continuously monitoring business entities for ownership changes and risk signals, ensuring that clients are alerted promptly to any potential issues that could arise.
4. Enhanced Scalability: The combination of Markaaz's global business directory and Oscilar's easy-to-use workflow builder allows organizations to deploy solutions swiftly, facilitating scalability while maintaining operational efficiency.

Insights from Industry Leaders

Neha Narkhede, Co-Founder and CEO of Oscilar, expressed her enthusiasm about the collaboration, emphasizing how Markaaz's business entity verification enriches Oscilar's workflow design. “Risk teams are now equipped to access clear and comprehensive business data exactly when required, drastically improving decision-making during critical processes.”

Similarly, Hany Fam, Founder and CEO of Markaaz, articulated the significance of this partnership, stating that the integration empowers institutions to monitor and manage their business relationships with confidence and unmatched speed, a necessary quality in today's fast-paced financial environment.

A Look Ahead

Together, Oscilar and Markaaz are laying the groundwork for a new paradigm in business risk decision-making. By embedding rich business intelligence seamlessly into automated workflows and setting up mechanisms for continuous monitoring, they are addressing the escalating demands of global digital commerce and complexities in compliance.

This collaboration not only reflects a significant advancement in risk management technologies but also helps organizations navigate an increasingly complex financial landscape where AI-driven fraud is on the rise. As they expand their capabilities, Oscilar and Markaaz are determined to lead the charge in enhancing the way businesses manage risk, creating a more secure and efficient ecosystem.

Learn more about Oscilar at oscilar.com and Markaaz at markaaz.com to explore how they are transforming risk decisioning into a streamlined, intelligent process for businesses worldwide.