Financial institution Perlas Finance collaborates with AMLYZE to bolster anti-money laundering and financial crime compliance efforts.
UAB Perlas Finance Strengthens Compliance with AMLYZE Collaboration
UAB Perlas Finance, one of Lithuania's leading payment service providers, has announced a collaboration with RegTech company AMLYZE to enhance its compliance framework and fight against financial crimes.
Perlas Finance delivers essential financial services through over 2,500 physical payment terminals across Lithuania, offering services such as recurring bill payments, money transfers, mobile top-ups, and various other payment solutions. The company's strategic priority remains the reinforcement of its fight against money laundering and other financial crimes.
Vitalij Rakovski, CEO of Perlas Finance, stated that the adoption of new tools is a focus in enhancing the maturity of their compliance function. To this end, Perlas Finance has chosen AMLYZE to help improve its compliance against financial crimes.
AMLYZE, founded in 2016, is a trusted RegTech company that provides Software-as-a-Service (SaaS) solutions for advanced transaction monitoring, customer risk assessment, AML/CFT investigations, and PEP, sanctions, and adverse media screening. The integration of AMLYZE's technology will enable Perlas Finance to detect and mitigate suspicious activity more efficiently.
Gabrielius Erikas Bilkštys, CEO of AMLYZE, expressed enthusiasm about supporting Perlas Finance in their fight against financial crime. This collaboration aims to ensure ongoing alignment with regulatory requirements.
UAB Perlas Finance's extensive infrastructure includes one of the largest customer service networks in Lithuania. The company is committed to providing essential financial services nationwide in Lithuania and is actively developing new services with a focus on enhancing the speed, convenience, and security of every transaction.
The collaboration between Perlas Finance and AMLYZE reinforces Perlas Finance's commitment to upholding the highest standards of compliance. AMLYZE's technology is being employed by Perlas Finance to support one of Lithuania's most widely used payment service networks. As a trusted partner to banks and leading marketplaces, AMLYZE is helping Perlas Finance stay ahead of evolving threats while meeting regulatory expectations.
In conclusion, the collaboration between UAB Perlas Finance and AMLYZE marks a significant step forward in the fight against financial crimes in Lithuania. By adopting AMLYZE's advanced compliance solutions, Perlas Finance is demonstrating its commitment to maintaining the integrity and security of its payment services.
