Based in Lithuania, Perlas Finance has chosen AMLYZE to enhance its compliance framework and bolster efforts against money laundering and financial crimes.

Multiplying Service Reach

Perlas Finance operates through a comprehensive customer service network comprising over 2,500 physical payment terminals across the country. This extensive infrastructure enables the company to offer diverse financial services, such as recurring bill payments, money transfers, mobile top-ups, and various other payment solutions.

Focusing on Compliance Excellence

Ensuring stringent compliance is a key commitment for Perlas Finance. The integration of AMLYZE’s Software-as-a-Service (SaaS) solutions will equip the company with advanced tools for real-time and retrospective transaction monitoring, customer risk assessment, AML/CFT investigations, and PEP, sanctions, and adverse media screening.

This technology is expected to significantly improve Perlas Finance’s ability to detect and address suspicious activities promptly, thereby maintaining regulatory compliance.

Amplifying Commitment to Compliance

In their statement, Perlas Finance representatives highlighted that integrating new technologies is part of their strategy for developing and offering enhanced services while continuously improving the maturity of their compliance function.

Similarly, AMLYZE underscores how its technology can help financial service providers like Perlas Finance remain ahead of evolving threats while meeting regulatory standards.

Promoting Transparency in Compliance

A short time prior to this announcement, AMLYZE’s platform was selected by LCKY Group, another Lithuanian organization, to support its compliance initiatives. The platform will be deployed across 44 credit unions and over 100 service points within the group, serving as the main supplier of AML and CFT technology for LCKY Group.