Mozn and D360 Bank Partner to Accelerate Digital Banking Security & Compliance in Saudi Arabia

Faster Digital Onboarding, Less False Positives, and Full Compliance with Local and International Regulatory Standards

Ain Alalam – Rashad Iskandrni

11 March 2025 – Mozn, a regional leader in enterprise AI technologies, has partnered with D360 Bank, Saudi Arabia’s leading digital bank. This strategic partnership is set to drive innovation in digital banking security by leveraging AI-enabled AML compliance solutions, ensuring seamless financial services for customers across the Kingdom.

The agreement was signed recently by Malik Alyousef, Co-Founder and COO at Mozn, and Osama Alshathri, Head of Retail Banking at D360 Bank. This collaboration is in line with D360 Bank’s commitment to delivering enhanced, customer-centric digital banking experiences while ensuring regulatory compliance in an evolving financial landscape.

D360 Bank will integrate Mozn’s AI-Powered AML Compliance solution from FOCAL, to enhance the customer experience by creating faster and more efficient customer onboarding.

Head of Retail Banking, D360 Bank, Osama Alshathri, stated: “At D360 Bank, the first Saudi digital bank, we are proud to be serving well over 700,000 customers in a record expansion, achieved within only 1.5 months. Through this collaboration, we are able to leverage Mozn services and robust technology infrastructure to provide a seamless customer experience. We are also proud to partner with Mozn – a Saudi company delivering world-class standards.”

“At Mozn, we believe that compliance is at the cornerstone of a seamless digital banking experience”, said Malik Alyousef, Co-founder and COO, Mozn. “Our partnership with D360 Bank reflects our dedication to empowering financial institutions with advanced AML capabilities in Saudi Arabia. Through FOCAL, we aim to redefine AML capabilities and support financial institutions in navigating the evolving regulatory landscape”.

Mozn continues to set new standards in financial crime prevention and AML compliance, ensuring seamless, secure, and intelligent financial operations through its cutting-edge FOCAL platform. With this collaboration, FOCAL is strengthening its position as a trusted leader in AI-driven risk and compliance, empowering financial institutions to prevent money laundering and navigate regulatory complexities with confidence.

As Saudi Arabia’s fintech landscape evolves, and with the banking sector projected to grow by 4.32% between 2025 and 2029, reaching US$64.90 billion by 2029, Mozn plays a key role in driving innovation for a more resilient financial ecosystem.