#United States #Palo Alto #Fraud Prevention #Oscilar #Payoneer

Payoneer's Advanced Fraud Prevention with Oscilar

Introduction

In a significant move towards enhancing its fraud prevention capabilities, Payoneer, the global financial technology leader, has partnered with Oscilar. This collaboration aims to integrate Oscilar’s advanced AI and machine-learning technologies to modernize Payoneer’s fraud and risk intelligence systems across its payment networks.

The Role of Oscilar

Oscilar’s AI Risk Decisioning™ platform stands at the forefront of this initiative, designed to strengthen threat detection and enable real-time adaptations to emerging fraud patterns. By leveraging predictive analytics and intelligent automation, Oscilar provides tools that empower Payoneer to enhance its defenses against fraudulent activities.

Benefits of the Partnership

Payoneer’s partnership with Oscilar is geared towards incorporating AI as a core element of its risk operations and infrastructure. By utilizing machine learning, Payoneer can make data-driven decisions that better protect its global fintech ecosystem. This transition to AI-driven fraud prevention is aimed at providing users with a frictionless and secure payment experience, enhancing customer satisfaction while elevating Payoneer’s position in cross-border digital payments.

Global Reach and Impact

With a platform that supports millions of small and medium-sized businesses (SMBs), freelancers, and marketplaces globally, Payoneer operates across diverse trade corridors, handling tens of billions of dollars. This partnership will enable Payoneer to adapt to the unique challenges posed by digital commerce by utilizing machine-learning-based fraud detection strategies.

Statements from Leadership

Micheal Sheehy, Payoneer’s Chief Compliance Officer, stated, "We’re investing in intelligent fraud detection infrastructure designed for our scale and customer diversity." He emphasized that Oscilar's AI framework provides the agility required for rapid model iteration and complex risk management across varied payment environments.

Neha Narkhede, Co-Founder and CEO of Oscilar, added, "We’re excited to help elevate Payoneer’s fraud strategy. Our system is built for high-scalability and precision, ensuring that we contribute to more trustworthy and seamless financial experiences for users, fortifying the integrity of their global network."

Conclusion

As Payoneer moves towards integrating these sophisticated AI solutions, the collaboration with Oscilar marks a pivotal step in the evolving landscape of digital payments. By harnessing the power of advanced technology, Payoneer takes significant strides not only in enhancing its security measures but also in ensuring that its users can confidently engage in cross-border transactions without fear of fraud.

About Payoneer

Payoneer is a leading financial platform facilitating cross-border commerce and global payments. It provides businesses with essential financial tools and services to thrive in a global marketplace, focusing particularly on making it easier for SMBs in emerging markets to connect with the global economy.

About Oscilar

Oscilar specializes in real-time risk decisioning across various sectors, including fraud and compliance. With a no-code platform leveraged by agentic AI, Oscilar aids organizations in navigating complex risk landscapes with precision and speed. Backed by expertise from industry heavyweights like Google and Uber, Oscilar offers performance that aligns with regulatory standards while fostering innovation in risk management systems.