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Start Learning Free📋About Pondera
Updated July 4, 2026Pondera 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.
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Cloud fraud-waste-and-abuse detection system combining analytics, AI, and human intelligence to detect improper payments across Medicaid, Unemployment Insurance, SNAP, and other benefits.