, /PRNewswire/ — In a pioneering move to tackle financial fraud globally, Tazama, a project of the Linux Foundation, has teamed up with ArangoDB to provide its real-time fraud detection capabilities in digital payment systems. This collaboration brings together Tazama’s innovative approach to transaction monitoring with ArangoDB’s market-leading graph database technology.
State-of-the-Art Real-Time Fraud Detection for Instant Payments
Utilizing ArangoDB’s scalable, high-performance database architecture, Tazama processes thousands of transactions per second, detecting patterns and anomalies which could indicate fraud. “The speed and agility of ArangoDB’s data processing enable us to identify and react to potential fraud within milliseconds,” stated Greg McCormick, Executive Director – Tazama. This rapid response is crucial in preventing the completion of fraudulent transactions, reducing the impact on both victims and financial institutions.
Enhanced Scalability During Peak Loads
Tazama’s transaction volume peaks during events like Black Friday and regional festivals, where transaction loads can more than triple. ArangoDB’s dynamic …