AMLYZE has entered into a long-term partnership with Lietuvos centrinė kredito unija (LCKU), becoming the primary compliance technology provider for the LKU credit union group—Lithuania’s largest credit union network. Through this agreement, AMLYZE will deliver its full suite of anti-financial crime tools, including transaction monitoring, customer risk assessment, and screening for sanctions, PEPs, and adverse media, across 44 credit unions and more than 100 service locations. The implementation is intended to support LCKU’s regulatory compliance processes and risk management framework as the group navigates increasingly complex financial crime threats and evolving EU regulations.
AMLYZE is a Vilnius-based regulatory technology company that develops software solutions focused on anti-money laundering (AML) and counter-terrorism financing (CFT) compliance. Its platform includes tools for transaction monitoring, customer risk assessment, sanctions screening, and case management. The company serves financial institutions navigating regulatory requirements and operational risk across different jurisdictions. Founded by professionals with experience in regulation and financial supervision, AMLYZE has been active in the RegTech sector since 2019.
Lietuvos centrinė kredito unija (LCKU) is the central institution for the LKU credit union group in Lithuania. Established in 2002, LCKU coordinates the activities of 44 credit unions and manages a network of over 100 service locations across the country. Its role includes oversight, risk management, and shared services for member credit unions. The group provides retail and business banking services, including payment solutions, deposits, and lending, with an emphasis on local financial access.
Under the signed agreement, AMLYZE has become the primary compliance technology provider for the LKU credit union group.
LKU credit union group will deploy the entire AMLYZE platform, including real-time and retrospective transaction monitoring, customer risk assessment, customer and payment screening (covering PEPs, sanctions and adverse media), and advanced AML investigations and case management.
“With this partnership, AMLYZE is now firmly established as the compliance benchmark for Lithuania’s credit-union sector. Our modular platform is the perfect fit for centralized, regulated financial institutions that manage a wide network of regional service points, and we are excited to help LCKU and its members credit unions scale safely,” said Gabrielius Erikas Bilkštys, CEO & Co-Founder of AMLYZE.
This end-to-end coverage will help LCKU and its member unions stay ahead of evolving financial-crime threats while meeting stringent local and EU regulatory requirements.
“For us, money laundering prevention is not just a regulatory requirement – it’s a responsibility. We are committed to ensuring that credit unions remain trustworthy and transparent financial institutions, which is why we continuously invest in solutions to strengthen our risk management capabilities and meet the highest compliance standards. We believe that our partnership with AMLYZE will elevate our risk management system to an entirely new level of quality,” added Mindaugas Vijūnas, CEO and Chairman of the Board at LCKU.
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Read the orginal article: https://arcticstartup.com/amlyze-partners-with-lcku/
