Fingerprint, renowned for its highly accurate device intelligence platform, has partnered with Oscilar, a leader in AI-driven risk and fraud management. This collaboration aims to equip fintech companies with advanced fraud prevention and detection capabilities, crucial in an era where online payment fraud losses are projected to reach $343 billion between 2023 and 2027. With the average U.S. consumer utilizing three to four FinTech apps, the demand for robust security measures alongside a seamless user experience is paramount.
Fingerprint's device intelligence platform provides unique identifiers for user touchpoints with up to 99.5% accuracy, while Oscilar offers a no-code, AI-powered risk decision-making platform. This powerful combination enables fintechs, banks, and credit unions to effectively manage fraud, compliance, and credit risks. By integrating Fingerprint's device intelligence into Oscilar's platform, clients can automate risk decision-making, reduce fraud, and deliver seamless customer experiences, fulfilling the evolving needs of the financial industry.
