Founded in 2011, Pondera Solutions developed a "Fraud Detection as a Service" (FDaaS) platform designed to help federal, state, and local government agencies identify and prevent improper payments and fraudulent activity. The system integrates various data sources, applies advanced analytics, and uses machine learning algorithms to uncover suspicious behavior in programs like Medicaid, unemployment insurance, and tax administration. In 2020, Pondera was acquired by Thomson Reuters and is now integrated into its government business segment, enhancing its suite of tools for public sector agencies.

Founded in

United States