Finance firm Perlas collaborates with AMLYZE to enhance their anti-money laundering and financial crime countermeasures.

In early 2023, UAB Perlas Finance, a leading payment service provider in Lithuania, announced a collaboration with AMLYZE, a respected RegTech company. This partnership aims to enhance Perlas Finance's compliance and regulatory processes, a strategic priority for the company.

Upholding high standards of compliance is at the core of Perlas Finance's operations. The company's extensive infrastructure, which includes over 2,500 physical payment terminals nationwide, provides essential financial services like recurring bill payments, money transfers, mobile top-ups, and various other payment solutions. Perlas Finance operates one of Lithuania's most widely used payment service networks.

Vitalij Rakovski, Chief Executive Officer at Perlas Finance, emphasised the importance of adopting new tools in enhancing the maturity of their compliance function. He expressed confidence that AMLYZE's technology would help Perlas Finance stay ahead of evolving threats while meeting regulatory expectations.

AMLYZE's Software-as-a-Service (SaaS) solutions will be utilised by Perlas Finance for advanced transaction monitoring, customer risk assessment, AML/CFT investigations, and PEP, sanctions, and adverse media screening. This collaboration is expected to contribute to Perlas Finance's goal of actively developing new services while maintaining speed, convenience, and security in every transaction.

Gabrielius Erikas Bilkštys, Chief Executive Officer at AMLYZE, expressed support for Perlas Finance and its mission to prevent financial crime. AMLYZE is trusted by banks and leading marketplaces, including Perlas Finance, making it an ideal partner for this collaboration.

This strategic move by Perlas Finance underscores its commitment to maintaining a robust compliance framework and ensuring the safety and security of its customers' transactions. With AMLYZE's cutting-edge technology, Perlas Finance is poised to continue its growth and success in the Lithuanian market.

Finance firm Perlas collaborates with AMLYZE to enhance their anti-money laundering and financial crime countermeasures.