Riyadh – Sharikat Mubasher: Mozn, a regional leader in enterprise AI technologies, announced a partnership with D360 Bank, Saudi Arabia’s leading digital bank, to enhance digital banking security with AI-powered AML compliance solutions.
The agreement was signed by Malik Alyousef, Co-Founder and COO at Mozn, and Osama Alshathri, Head of Retail Banking at D360 Bank, as per the official press release.
The partnership aligns with D360 Bank’s focus on delivering customer-centric digital banking experiences while ensuring regulatory compliance.
D360 Bank will integrate Mozn’s AI-driven AML Compliance Solution from FOCAL to improve and speed up customer onboarding.
On this occasion, Alshathri stated: "As Saudi Arabia's first digital bank, we are proud to serve over 700,000 customers in just 1.5 months. Partnering with Mozn allows us to leverage their robust technology to ensure a seamless customer experience."
Alyousef added: "Compliance is key to seamless digital banking. Our partnership with D360 Bank reflects our commitment to empowering financial institutions with advanced AML capabilities."
Mozn continues to lead in financial crime prevention and AML compliance through its FOCAL platform, helping institutions combat money laundering and meet regulatory demands.
With Saudi Arabia’s banking industry expected to grow 4.32% annually between 2025 and 2029, reaching $64.9 billion, Mozn is well-positioned to drive innovation in the sector.
