Pondera

Pondera is a government fraud, waste, and abuse detection company founded in 2011 and headquartered in Gold River (Folsom), California. Its flagship system, FraudCaster, is a cloud-based service that combines advanced analytics, AI, and human intelligence to help government and health-plan clients detect and prevent improper payments across programs including Medicaid, Unemployment Insurance, and SNAP.

FraudCaster is delivered as a managed cloud service to state and federal program-integrity units, pairing automated scoring with investigative support rather than shipping self-run software.

Pondera was acquired by Thomson Reuters in 2020 and now operates as a subsidiary positioned within the company's Risk, Fraud and Compliance portfolio.

Because benefits fraud-detection models carry high false-positive stakes — wrongly flagging a legitimate recipient can suspend essential benefits — Pondera's approach emphasizes human adjudication, and responsible use requires clear due-process safeguards before any benefits are reduced.