Mozn partners with Deloitte to combat financial crime and improve regulation across MENA

Mozn partners with Deloitte to combat financial crime and improve regulation across MENA

Mozn, an enterprise AI technologies startup, signed an MoU with Deloitte, a professional services organization, to combat financial crime, bolster regulation, and empower the financial services industry in Saudi Arabia, the Middle East, and North Africa to mitigate risks. 

The partnership was signed between both organizations at LEAP 23 and strives to transform the finance digital reg-tech, risk, anti-money laundering (AML), and compliance space.

Through this partnership, Mozn and Deloitte will offer solutions, advisory, and consulting services across the region’s financial sector, from banking to FinTech to capital markets and insurance.

“The rapid growth in digitalization has inevitably created opportunities for financial crime. As such the risk and compliance functions are now faced with the challenge of staying up to date with the constantly changing regulatory landscape and protecting organizations from potential frauds, money laundering and other financial crimes. Our partnership with Deloitte strengthens our trust with customers to help them monitor and mitigate that risk. Through this collaboration, we will bring together a wealth of resources to offer state-of-the-art advisory and best-in-class solutions in the risk, compliance, and AML space for all types of companies across the financial sector,” Malik AlYousef, Chief Operations Officer at Mozn, said.

Mozn was founded in 2017 and is a Saudi tech company that utilizes the power of Artificial Intelligence to innovate and build products and solutions for the advancement of digital humanity.

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