Case Study: Oxygen cuts fraud losses 50% and grows tier users with Yalantis

Oxygen cuts fraud losses 50% with Yalantis

Oxygen, a leading US neobank, faced significant challenges as its fragmented data infrastructure could not keep up with its rapid growth. With data flowing in from over 17 external systems, the lack of governance and ownership led to unreliable reporting and increased risk. Oxygen partnered with Yalantis to develop a future-proof data strategy and overhaul its data architecture.

Yalantis implemented a scalable data architecture and a comprehensive governance framework for Oxygen, which included reorganizing data by business domain and automating workflows. The results were highly impactful, including a 50% reduction in fraud losses, a 15% growth in tier users, and a 5% increase in the overall user base, enabling Oxygen's strategic expansion into new services.

Oxygen