Amlyze has entered into a long-term partnership with Lietuvos centrinė kredito unija (LCKU), Lithuania’s first and largest central credit union.
According to Finextra, LCKU represents 44 credit unions operating across more than 100 customer service locations in Lithuania, forming the LKU credit union group.
The collaboration positions Amlyze as the primary compliance technology provider for the entire LKU credit union group, enabling the financial institution to strengthen its defences against money laundering and financial crime threats while ensuring compliance with both local and European Union regulatory standards.
Under the agreement, LKU credit union group will fully implement the Amlyze platform. This includes a comprehensive suite of tools such as real-time and retrospective transaction monitoring, customer risk assessment, customer and payment screening — covering politically exposed persons (PEPs), sanctions and adverse media — as well as advanced AML investigations and case management. This complete coverage is designed to help LCKU and its member unions navigate an increasingly complex regulatory landscape.
Amlyze, headquartered in Lithuania, develops RegTech solutions that help financial institutions prevent financial crime by offering modular, end-to-end compliance platforms tailored for regulated entities managing distributed networks of service points. The company focuses on scalable solutions that adapt to the evolving needs of centralised financial institutions.
LCKU, as Lithuania’s largest central credit union, plays a key role in the country’s cooperative banking sector, uniting dozens of credit unions under one umbrella and providing centralised services, oversight, and financial infrastructure to its member institutions.
The partnership not only supports LCKU’s ongoing commitment to risk management but also reinforces its strategic priority of maintaining trust and transparency within Lithuania’s financial sector.
Amlyze CEO and co-founder Gabrielius Erikas Bilkštys said, “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.”
LCKU CEO and chairman of the board Mindaugas Vijūnas added, “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.”
Sumsub, a global leader in verification and anti-fraud solutions, has launched a major upgrade to its Case Management system, introducing a powerful AI assistant named Summy.
The update is designed to help financial crime teams streamline investigations and act on risk in real time, amid rising fraud rates and increasing operational complexity.
The newly enhanced Case Management solution serves as a centralised hub for cross-functional fincrime teams, integrating identity data, transaction histories, risk scores and audit notes into a single intelligent interface. This release is a direct response to feedback from Sumsub clients and fincrime teams, and is intended to combat the increasing threat posed by technologies such as deepfakes and fraud-as-a-service.
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