{"id":59245,"date":"2022-10-19T14:00:28","date_gmt":"2022-10-19T11:00:28","guid":{"rendered":"http:\/\/www.indexeconomic.com\/?p=59245"},"modified":"2022-10-19T14:00:29","modified_gmt":"2022-10-19T11:00:29","slug":"mozn-joins-forces-with-red-hat-to-offer-state-of-the-art-aml-capabilities-to-regional-enterprises","status":"publish","type":"post","link":"https:\/\/indexeconomic.com\/?p=59245","title":{"rendered":"Mozn joins forces with Red Hat to offer state-of-the-art AML capabilities to regional enterprises"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p class=\"has-text-align-left\">Mozn, a market leader in enterprise AI technologies, today announced its strategic partnership with global software solutions provider, Red Hat, to equip local and regional enterprises with a wider offering of its market-leading AML compliance and anti-fraud product, <a href=\"https:\/\/getfocal.ai\/\">FOCAL<\/a>.<\/p>\n\n\n\n<p class=\"has-text-align-left\">\u201cAs fraudsters\nup their game, stakeholders in the region must rise up to the challenge and\nprotect consumers and businesses from those that would do them harm,\u201d said Dr.\nMohammed Alhussein, Founder &amp; CEO, Mozn. \u201cThrough Mozn\u2019s strategic collaboration with\nRed Hat, our best-in-class AML compliance and\nanti-fraud platform,\nFOCAL, will now be available on-premises as well as on cloud, to give our\ncustomers the freedom of choosing the setup that best suits them while taking\nthe fight against financial crime.\u201d <\/p>\n\n\n\n<p class=\"has-text-align-left\">As part of the partnership,\nMozn will utilize Red Hat\u2019s leading Hybrid Cloud technologies to deliver\nflexible offerings of its cutting-edge capabilities in monitoring, analysis,\nand risk mitigation through FOCAL\u2019s AML compliance suite, bringing the\nindustry\u2019s best anti-fraud tools and expertise into the realm of Finance\nIntelligence.<\/p>\n\n\n\n<p class=\"has-text-align-left\">In a region\nwhere regulatory ecosystems continue to grow, <a href=\"https:\/\/getfocal.ai\/\">FOCAL<\/a>\nenables financial institutions to dismantle AML compliance barriers and tackle\nfinancial crime through state-of-the-art technology. FOCAL empowers customers\nto screen their clients with confidence using advanced name-matching algorithms\nthat can accurately understand Arabic and Latin languages, as well as monitor\ntransactions using tailored rules and historical behaviour to flag potentially suspicious\ntransactions and prevent financial crime. The AI-driven platform has access to\nmore than 1,300 up-to-date global and local sanctions and PEP (politically\nexposed person) lists for risk management and provides flexible Application\nProgramming Interfaces (APIs) that enable the automatic processing of thousands\nof screenings every day with seamless onboarding and scalable integration\ncapabilities.<\/p>\n\n\n\n<p class=\"has-text-align-left\">\u201cCollaboration\nof this nature further strengthens trust with customers, where a readily\navailable and innovative platforms [such as Red Hat\u2019s] can help secure\ntransactions and enhance the monitoring and mitigation of risks,\u201d remarked Adrian Pickering, General Manager MENA, Red\nHat.&nbsp; \u201cRed Hat is pleased to partner with\nMozn to deliver strengthened solutions which address regional compliance\nstandards and empower organizations to safeguard the future of the digital\nfinance industry,\u201d added Adrian.<\/p>\n\n\n\n<p class=\"has-text-align-left\">\u201cIn finance,\ntrust is everything. And at Mozn, we are committed to enhancing the trust\nbetween enterprises and their customers to drive business success. <a href=\"https:\/\/getfocal.ai\/\">FOCAL<\/a> is tailored to those whose role is to\nmaintain and promote that trust,\u201d said Dr. Mohammed Alhussein, Founder &amp;\nCEO of Mozn. \u201cWe are dedicated to helping organizations focus on their key business\ngoals by automating complex tasks related to AML compliance in our modern digitized\neconomy. Our collaboration with Red Hat will further provide our customers with\nthe peace of mind that comes with certified workloads, and peerless, consistent\nsupport\u201d added Dr. Mohammed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mozn, a market leader in enterprise AI technologies, today announced its strategic partnership with global software solutions provider, Red Hat, to equip local and regional enterprises with a wider offering of its market-leading AML compliance and anti-fraud product, FOCAL. \u201cAs fraudsters up their game, stakeholders in the region must rise up to the challenge and &hellip;<\/p>\n","protected":false},"author":2,"featured_media":59246,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[126],"tags":[],"class_list":["post-59245","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-126"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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