Oscilar Wins "Best Risk Decisioning Platform" in 2025 FinTech Breakthrough Awards

Oscilar Wins "Best Risk Decisioning Platform" in 2025 FinTech Breakthrough Awards

Amy Sariego

Read time:

3 minutes

Apr 9, 2025

Content

Share this article
Subscribe to updates

We are proud to announce that Oscilar has been named the winner of the "Best Risk Decisioning Platform" award in the 2025 FinTech Breakthrough Awards program! This recognition highlights our team's commitment to innovation in developing AI-powered solutions that help financial institutions make smarter, faster risk decisions.

Standing Out in a Competitive Field

The FinTech Breakthrough Awards program attracted over 4,500 nominations from companies across the globe this year, making the competition exceptionally fierce. Oscilar's selection as a winner places us alongside industry leaders including Brex, Mastercard, Revolut, Citi, FIS, Experian, Capital One, and other top companies reshaping the financial services landscape.

Oscilar's AI Risk Decisioning™ platform was recognized for its innovative approach to helping financial institutions detect and prevent fraud while streamlining transaction approvals. Our platform enables:

  • Real-time risk assessment across multiple channels

  • Advanced anomaly detection powered by machine learning

  • Seamless integration with existing financial systems

  • Significant reduction in false positives, improving customer experience

  • Comprehensive regulatory compliance support

Industry Recognition

"This award validates our mission to transform how financial institutions approach risk management in the digital age," said Neha Narkhede, CEO and Co-founder of Oscilar. "As fraud becomes increasingly sophisticated, our platform empowers organizations to stay ahead of threats while maintaining frictionless experiences for legitimate customers."

The FinTech Breakthrough Awards program is devoted to honoring excellence in financial technologies and services companies that stand out in the crowded fintech market. The awards provide recognition for the breakthrough innovation that is characterized by the fintech industry's explosive growth.

Proven Customer Impact

Our AI Risk Decisioning™ platform has delivered measurable results across a diverse range of financial services companies, with impressive metrics that demonstrate our commitment to tangible customer outcomes:

Fraud Prevention & Risk Management

  • Flexcar halved their risk rates from 10% to 5%, reduced subprime risk from 13% to 6%, and eliminated all asset losses after implementation

  • Dibsy achieved a 50% decrease in manual reviews while significantly reducing chargebacks

  • Fluz boosted approval rates by over 20% while effectively combating first-party fraud

Operational Efficiency

  • Coast cut manual review time by 75%, saving over 750 hours annually

  • Transend now deploys credit models in hours instead of weeks with only ⅓ of the engineering resources required previously

  • Balance successfully transitioned their entire credit underwriting platform with minimal disruption in just 32 days

Speed to Market

  • Super.com launched their loan origination system in less than a quarter

  • Balance completed full production deployment just 32 days after signing their contract

These success stories demonstrate how our AI-powered platform delivers both immediate ROI and long-term strategic value across fraud prevention, credit decisioning, and case management use cases. Our customers consistently report improvements in operational efficiency, reduced manual workloads, and enhanced decision accuracy—all while maintaining exceptional security standards.

About FinTech Breakthrough

FinTech Breakthrough is an independent market intelligence organization that recognizes the top companies, technologies, and products in the global fintech market. The FinTech Breakthrough Awards is the premier awards program founded to recognize fintech innovators, leaders, and visionaries from around the world.

We are proud to announce that Oscilar has been named the winner of the "Best Risk Decisioning Platform" award in the 2025 FinTech Breakthrough Awards program! This recognition highlights our team's commitment to innovation in developing AI-powered solutions that help financial institutions make smarter, faster risk decisions.

Standing Out in a Competitive Field

The FinTech Breakthrough Awards program attracted over 4,500 nominations from companies across the globe this year, making the competition exceptionally fierce. Oscilar's selection as a winner places us alongside industry leaders including Brex, Mastercard, Revolut, Citi, FIS, Experian, Capital One, and other top companies reshaping the financial services landscape.

Oscilar's AI Risk Decisioning™ platform was recognized for its innovative approach to helping financial institutions detect and prevent fraud while streamlining transaction approvals. Our platform enables:

  • Real-time risk assessment across multiple channels

  • Advanced anomaly detection powered by machine learning

  • Seamless integration with existing financial systems

  • Significant reduction in false positives, improving customer experience

  • Comprehensive regulatory compliance support

Industry Recognition

"This award validates our mission to transform how financial institutions approach risk management in the digital age," said Neha Narkhede, CEO and Co-founder of Oscilar. "As fraud becomes increasingly sophisticated, our platform empowers organizations to stay ahead of threats while maintaining frictionless experiences for legitimate customers."

The FinTech Breakthrough Awards program is devoted to honoring excellence in financial technologies and services companies that stand out in the crowded fintech market. The awards provide recognition for the breakthrough innovation that is characterized by the fintech industry's explosive growth.

Proven Customer Impact

Our AI Risk Decisioning™ platform has delivered measurable results across a diverse range of financial services companies, with impressive metrics that demonstrate our commitment to tangible customer outcomes:

Fraud Prevention & Risk Management

  • Flexcar halved their risk rates from 10% to 5%, reduced subprime risk from 13% to 6%, and eliminated all asset losses after implementation

  • Dibsy achieved a 50% decrease in manual reviews while significantly reducing chargebacks

  • Fluz boosted approval rates by over 20% while effectively combating first-party fraud

Operational Efficiency

  • Coast cut manual review time by 75%, saving over 750 hours annually

  • Transend now deploys credit models in hours instead of weeks with only ⅓ of the engineering resources required previously

  • Balance successfully transitioned their entire credit underwriting platform with minimal disruption in just 32 days

Speed to Market

  • Super.com launched their loan origination system in less than a quarter

  • Balance completed full production deployment just 32 days after signing their contract

These success stories demonstrate how our AI-powered platform delivers both immediate ROI and long-term strategic value across fraud prevention, credit decisioning, and case management use cases. Our customers consistently report improvements in operational efficiency, reduced manual workloads, and enhanced decision accuracy—all while maintaining exceptional security standards.

About FinTech Breakthrough

FinTech Breakthrough is an independent market intelligence organization that recognizes the top companies, technologies, and products in the global fintech market. The FinTech Breakthrough Awards is the premier awards program founded to recognize fintech innovators, leaders, and visionaries from around the world.

Subscribe to email updates
Subscribe to email updates

Stay in the know and learn about the latest trends in fraud, credit, and compliance risk.

Stay in the know and learn about the latest trends in fraud, credit, and compliance risk.

© 2024 Oscilar. All rights reserved