Mozn partners with Mambu to empower digital banking operations in the Middle East

  • Date: 14-Feb-2023
  • Source: Zawya
  • Sector:Technology
  • Country:UAE
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Mozn partners with Mambu to empower digital banking operations in the Middle East

- Mozn announced it will collaborate with Mambu in cloud banking, empowering financial institutions to enhance banking experiences for customers in the modern digital age.

Dubai, United Arab Emirates – Mozn, a market leader in enterprise Artificial Intelligence (AI) technologies, today announced its strategic partnership with Mambu. The partnership will provide the region’s financial organisations with industry-leading cloud banking solutions combined with world-class Software-as-a-Service (SaaS) products built on cutting-edge R&D and intelligence engines.

Mambu’s cloud-native banking platform complements Mozn’s AI-Powered financial crime prevention suite “FOCAL” to protect banks and fintechs against financial crime. The collaboration aims to provide digital banking solutions that deliver seamless and secure experiences for customers in the Middle East and Africa.

“Regulation and compliance in financial services has to evolve fast. Combined with the growth of the digital banking, fintech and the payments ecosystem in the GCC region, we expect to see a surge in the need for specialised propositions,” says Miljan Stamenkovic, General Manager MEA at Mambu. “Our collaboration with Mozn lets us build a stronger bridge between local financial institutions and their customers. With Mambu’s flexible cloud-native platform paired with Mozn's in-region expertise, our customers benefit from strict adherence to evolving standards in compliance and risk management.”

Mambu