Beirut 5 January 2023 : areeba is proud to announce that it has inked an agreement with Reputell™, the New York-based risk assessment & compliance technology innovator. Working alongside Reputell, areeba will increase its capabilities meeting Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) standards, as well as Anti-Bribery and Corruption regulations. The partnership ushers in a new era of trust and compliance for areeba, one that reinforces its commitment to being a leader in financial services worldwide.

This collaboration ensures that areeba is able to comply with all applicable Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) regulations. Reputell provides tailored technology solutions for areeba's digital on-boarding, due diligence and other compliance requirements through API, Web Portal and Mobile App solutions. With an emphasis on EKYC, ID Verification, Vetting, and Screening needs, Reputell offers the most up-to-date Continuous Monitoring Solution which can alert to any customers’ status changes against criminal or sanctions records in a very timely manner. areeba is committed to maintaining regulatory compliance and looks forward to this partnership with Reputell.

In announcing the agreement between the two companies, Mr. Maher Mikati, CEO at areeba said “We are thrilled to partner with Reputell as we continue our mission of providing cutting edge financial services while maintaining the highest standards of compliance. With Reputell’s AI driven FinTech solutions, we can now ensure that our customers are protected from risk, while still receiving a fast, efficient service.”

According to The CEO of Reputell, Mr. Nizar Adeeb, “This collaboration will have far-reaching effects in the Middle East and North Africa (MENA) region. Through our Arabic Machine Learning, AI, Enhanced Due Diligence, and exclusive Adverse Media Monitoring services, customers within MENA can now expect stellar service in their financial, security, and compliance needs.”

The partnership between areeba and Reputell goes beyond just compliance – it also demonstrates both companies’ commitment to customer safety and security. By leveraging the latest technologies from Reputell, areeba will be able to provide its customers with a safe service that meets all applicable AML/CFT laws and Anti-Bribery and Corruption standards without sacrificing speed or efficiency. We look forward to seeing what great things come out of this partnership in the future!