Mozn and Saudi Anti-Fraud Association (SAFA) Join Forces to Advance Fraud Prevention and Financial Integrity across KSA

Riyadh, Kingdom of Saudi Arabia – 28 May 2025: Mozn, a regional leader in enterprise AI technologies, has entered into a strategic collaboration with the Saudi Anti-Fraud Association (SAFA), a non-profit professional association focused on fraud awareness and prevention. The partnership aims to strengthen expertise in combatting financial crime and enhancing fraud risk management.  As part of the collaboration, the parties will co-host joint events, roundtables, webinars, and training sessions aimed at fostering knowledge exchange and building national capacity for risk awareness and mitigation.

The collaboration was formalized through the signing of a memorandum of understanding (MoU), affirming both parties' shared commitment to advancing national efforts, promoting financial integrity and combatting fraud across the Kingdom.

"We are proud to partner with the Saudi Anti-Fraud Association and reinforce our shared commitment to building a fraud-resilient society,” said Malik Al Youssef, Co-founder and COO, Mozn. “By working together to raise awareness, promote education, and foster a culture of integrity, we are contributing to a stronger national framework for fraud prevention. SAFA’s leadership in professional development and community engagement complements our mission to support institutions and individuals in navigating today’s complex fraud landscape.”

"Our collaboration with Mozn marks a pivotal step in advancing our mission to educate, equip, and protect the community against fraud”, said Mohammed Al-Mudayris, CEO, SAFA . “Together, we aim to deliver impactful training, raise public and institutional awareness, and support national efforts to uphold financial integrit and ethical conduct across the Kingdom."

While Mozn brings deep domain expertise in delivering real-time fraud detection, automated compliance and advanced risk protection through its flagship AI-powered platform, FOCAL, SAFA contributes strategic leadership in education, outreach, and professional development. Together, the two organizations form a powerful alliance to strengthen anti-fraud awareness, foster regulatory alignment, and enhance public-private collaboration.

This Mozn-SAFA MoU aligns with Saudi Arabia’s Vision 2030 by promoting transparency, accountability, and digital innovation in both the public and private sectors.

About Mozn:  

Mozn is a Saudi technology company committed to advancing digital humanity through the harnessing of artificial intelligence to build enterprise AI-powered products – FOCAL, the end-to-end Fraud Prevention and AML Compliance platform and OSOS, the leading Arabic Gen AI platform – along with tailored AI solutions designed to meet the unique needs of enterprises across various sectors. Mozn maintains a significant presence, with offices in the Kingdom of Saudi Arabia (KSA) and the United Arab Emirates (UAE) that house over 300 dedicated professionals. Mozn is at the forefront of technological innovation, striving to redefine the limits of what is possible in the digital age.