{"id":81389,"date":"2025-10-19T15:07:04","date_gmt":"2025-10-19T12:07:04","guid":{"rendered":"https:\/\/gulftech-news.com\/en\/?p=81389"},"modified":"2025-10-19T15:07:05","modified_gmt":"2025-10-19T12:07:05","slug":"alrajhi-bank-partners-with-mozn-to-harness-ai-in-the-fight-against-fraud","status":"publish","type":"post","link":"https:\/\/gulftech-news.com\/en\/2025\/10\/19\/alrajhi-bank-partners-with-mozn-to-harness-ai-in-the-fight-against-fraud\/","title":{"rendered":"AlRajhi Bank Partners with Mozn to Harness AI in the Fight Against Fraud"},"content":{"rendered":"\n
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AlRajhi Bank Partners with Mozn to Harness AI in the Fight Against Fraud<\/figcaption><\/figure>\n\n\n\n

Mozn<\/a><\/strong>, a regional leader in enterprise AI technologies, has entered into a strategic agreement with AlRajhi Bank, aimed at supporting the bank\u2019s efforts in combating financial fraud through Mozn\u2019s AI-driven financial crime prevention platform, FOCAL.<\/p>\n\n\n\n

Saudi Arabia\u2019s economic transformation is accelerating, and digital finance now stands as a key driver of the Kingdom\u2019s pursuit of economic excellence. In 2024, electronic payments made up 79% of all retail transactions, up from 70% in 2023, with 12.6 billion non-cash payments processed across Saudi Arabia.<\/p>\n\n\n\n

This strategic pivot, underpinned by advanced digital infrastructure, highlights the Kingdom\u2019s commitment to building a strong digital economy.<\/p>\n\n\n\n

Amid this rapid digital shift, FOCAL by Mozn offers capabilities that are essential in this landscape, empowering organizations to detect and prevent financial crime faster than ever before, and generating real-time, actionable risk intelligence. <\/p>\n\n\n\n

By deploying FOCAL, AlRajhi Bank strengthens its customer protection, regulatory alignment, and digital growth strategy, demonstrating a forward-looking commitment to innovation in a rapidly evolving financial landscape.<\/p>\n\n\n\n

\u201cInnovation in financial services is transforming Saudi Arabia\u2019s economy, but it also brings unprecedented risk,\u201d said Dr. Mohammed Alhussein, Founder and CEO at Mozn. \u201cAt Mozn, we\u2019re redefining fraud prevention with AI-powered solutions like FOCAL, that reimagine how financial institutions safeguard trust. <\/p>\n\n\n\n

Our collaboration with AlRajhi Bank reflects the power of strategic partnerships in driving innovation and resilience. Together, we\u2019re setting new benchmarks for security in Saudi Arabia\u2019s financial ecosystem\u201d.<\/p>\n\n\n\n

The collaboration reflects Mozn\u2019s leadership in AI-driven financial crime prevention, aligned with AlRajhi Bank\u2019s commitment to secure, customer-centric innovation. Together, the organizations are helping to advance Saudi Arabia\u2019s position as a global hub for trusted, technology-led financial services.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

AlRajhi Bank Partners with Mozn to Harness AI in the Fight Against Fraud Mozn, a regional leader in enterprise AI technologies, has entered into a strategic agreement with AlRajhi Bank, aimed at supporting the bank\u2019s efforts in combating financial fraud through Mozn\u2019s AI-driven financial crime prevention platform, FOCAL. Saudi Arabia\u2019s economic transformation is accelerating, and …<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[3997,1249],"class_list":["post-81389","post","type-post","status-publish","format-standard","hentry","category-news","tag-alrajhi-bank","tag-mozn"],"yoast_head":"\nAlRajhi Bank Partners with Mozn to Harness AI in the Fight Against Fraud - Gulf Tech News<\/title>\n<meta name=\"description\" content=\"AlRajhi Bank Partners with Mozn to Harness AI in the Fight Against Fraud\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gulftech-news.com\/en\/2025\/10\/19\/alrajhi-bank-partners-with-mozn-to-harness-ai-in-the-fight-against-fraud\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AlRajhi Bank Partners with Mozn to Harness AI in the Fight Against Fraud - 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