Areeba Uses SingleStore for Fraud Detection, AML Compliance, and More – Case Study

Areeba, a financial services company, has adopted SingleStore to improve its fraud detection, anti-money laundering (AML), and product recommendations. Areeba previously used Hadoop for unstructured data and MariaDB as a relational database but now leverages SingleStore to analyze large amounts of data in real-time. By combining transactional and analytical processing, SingleStore enables Areeba to detect illicit transactions and provide personalized recommendations to customers. The company is also exploring the use of blockchain and cloud technologies to further enhance its services. With SingleStore, Areeba aims to move beyond traditional solutions and create better outcomes for its customers.