FOCAL Hosts Webinar on Money Mule Networks in MENA: Key Insights and Solutions

Discover how organizations can overcome Money Muling, and banks can stop Money Mules in their tracks. End Quote

(1888PressRelease) May 30, 2025 - RIYADH, Saudi Arabia -  Experts Discuss How Financial Institutions Can Detect and Prevent Money Muling with AI and machine learning.

May 2025 — FOCAL hosted an insightful webinar titled "Money Mule Networks in MENA, Key Insights and Solutions."

The session brought together industry leaders to explore the challenges of Money Mule networks, and the AI-driven solutions used to detect these threats before it’s too late.

The webinar featured Gerrit Bekker, Director of Data Science at Mozn, and Marwan Ismael, Principal Solution Engineer at Mozn along with Georg Knoerr, VP of Client Operations at Mozn as a moderator. Together, they addressed the evolving challenges of Money Mule activity, how mule networks are built, and the advanced AI technologies that can be implemented to detect and diminish these networks.

The discussion covered a range of timely topics, including:
How Money Mule networks operate and the risks that they pose to financial institutions
The early warning signs of Money Mule activity within financial systems
What regulators expect in terms of detection and reporting of mule activities
How a leading bank successfully uncovered and disrupted a sophisticated mule network through a case study

Gerrit emphasized using a data-driven approach to tackle Money Mule Networks:
“Our focus is a data-driven one, we utilize multiple data points—customer profile data, transaction data, and device information—to build a 360° view of the mule. This allows us to build better detection models and use AI to drive more effective mule detection rules.”

The Q&A session addressed practical and technical concerns from the audience, including the accuracy of mule detection models, the role of geolocation in identifying fraud networks, how to tackle Anti-detection AI based models and explainability of AI models to investigators and regulators.

The session also highlighted the need for financial institutions to adopt AI-powered, network-aware strategies to stay ahead of evolving threats and meet rising regulatory standards.

This webinar demonstrates FOCAL’s efforts to empower financial institutions with the first-rate knowledge, best-in-class technology and tools and insights to tackle Money Mule networks in the MENA region.

Read More: https://www.getfocal.ai/blog/webinar-money-mule-networks-in-mena-insights-and-solutions

About FOCAL by Mozn
FOCAL by Mozn (getfocal.ai) is a leader in AI-powered fraud prevention and AML compliance solutions, helping businesses and governments tackle rising regulatory challenges and prevent ever-evolving fraud. With the global crackdown on financial fraud and an increasing focus on AML/CFT regulations, FOCAL addresses a critical need for real-time, AI-powered compliance and fraud prevention solutions, especially in the fast-evolving financial services landscape.

FOCAL leverages AI to streamline key fraud prevention and AML compliance processes without compromising customer experience, significantly reducing manual intervention and cutting fraud prevention and compliance costs for businesses and governments. FOCAL offerings include fraud prevention, AML compliance, customer due diligence, database verification, and financial insights.

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