Mozn Unveils a New Generation of AI Fraud Prevention Solutions

ByAdmin

PublishedFebruary 13, 2025

Mozn, a regional leader in enterprise AI technologies, announced the launch of new products to its flagship AI-powered Risk and Compliance platform, FOCAL. FOCAL has strengthened its End-to-End Fraud Prevention Suite to provide businesses with enhanced fraud detection, risk management, and security.

Expanding beyond its Device Risk product which utilizes AI-driven analysis of behavioral anomalies, geographic signals, and historical patterns, FOCAL now offers a more comprehensive approach to fraud prevention and management.

The FOCAL Fraud Prevention Suite now includes Device Fingerprinting, Fraud Analytics, and Fraud Management as a Service. Device Fingerprinting enables businesses to create unique, persistent identifiers for devices; Fraud Analytics leverages AI and data science and provides businesses with an easy-to-integrate

Fraud Analytics solution that consolidates key insights, enabling easier investigation of sophisticated fraud patterns; and Fraud Management as a Service (FMaaS) offering managed service by top data scientists and industry experts for fraud intelligence and decision-making.

**Photo: Malik Alyousef, Co-founder and COO, Mozn**

FOCAL is now one of the first companies in the region to build an AI-enabled, locally developed solution with global expertise to solve regional challenges in fraud prevention and management across industries like BFSI, fintech, e-commerce, telecom, and government services.

Trusted by major financial institutions and businesses in the region, FOCAL Fraud Prevention Suite has made a remarkable impact, including reducing fraud by 80% for one of the leading financial service providers in the region.

“At Mozn, we are committed to setting new standards in AI-powered financial crime and fraud prevention, ensuring businesses stay ahead of ever-evolving fraud tactics,” said Malik Alyousef, Co-founder and COO, Mozn.

“73% of businesses now consider device fingerprinting a critical component of fraud prevention, highlighting the need for advanced AI-driven solutions to stay protected. We understand the region’s unique challenges, and the expansion of FOCAL’s Fraud Prevention Suite reflects our dedication to exceeding customer expectations and protecting the financial ecosystem with cutting-edge AI-powered solutions,” Malik added.