Finance company Perlas forms alliance with AMLYZE to bolster measures against illicit financial activities
In a move to strengthen its compliance framework and meet regulatory expectations, UAB Perlas Finance, a leading payment service provider in Lithuania, has chosen AMLYZE, a trusted RegTech company, to partner with them.
Perlas Finance, which operates through over 2,500 physical payment terminals nationwide, will benefit from AMLYZE's Software-as-a-Service (SaaS) solutions. This partnership will enable Perlas Finance to implement PEP, sanctions, and adverse media screening, and gain advanced capabilities in real-time and retrospective transaction monitoring.
Vitalij Rakovski, the Chief Executive Officer at Perlas Finance, expressed his confidence in the partnership, stating, "Upholding high standards of compliance is a core commitment and strategic priority for UAB Perlas Finance. We believe that AMLYZE's technology will help us stay ahead of evolving threats and enhance our customer risk assessment."
AMLYZE, founded by unnamed entrepreneurs, is a RegTech company trusted by banks and leading marketplaces. Their technology is designed to help financial services providers meet regulatory expectations and detect and mitigate suspicious activity more efficiently.
Gabrielius Erikas Bilkštys, the Chief Executive Officer at AMLYZE, expressed his excitement about the partnership, stating, "We are thrilled to partner with Perlas Finance. Our technology will aid Perlas Finance in AML/CFT investigations and provide them with the advanced capabilities they need to maintain a robust compliance framework."
With this partnership, Perlas Finance will be able to offer its customers enhanced security and peace of mind, knowing that their transactions are being monitored and assessed for potential risks. This move further solidifies Perlas Finance's position as a leading payment service provider in Lithuania, committed to providing its customers with the best possible service.
