AMLYZE Chosen as Key Compliance Partner by Lithuania’s Largest Credit Union Group

AMLYZE, a leading Lithuanian regulatory technology company developing solutions for the prevention of money laundering and terrorism financing, has signed a long-term agreement with Lietuvos centrinė kredito unija (LCKU) – the first and largest central credit union in the country. 

LCKU unites 44 credit unions and over 100 customer service locations across Lithuania, forming the LKU credit union group.

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.

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.

“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.

“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.

About AMLYZE:

AMLYZE is a Software-as-a-Service (SaaS) RegTech offering a suite of anti-financial crime solutions for all types of financial services providers. Comprehensive modules include real-time and retrospective transaction monitoring, customer risk assessment, AML/CFT investigations, PEP, sanctions, and adverse media screening.

The company's products have been developed by a team of AML experts and former regulators leveraging extensive experience in supervising financial institutions while working with central banks and law enforcement agencies. This insider knowledge has enabled the creation of cutting-edge technology solutions that streamline AML/CFT and compliance processes to unprecedented levels of efficiency.

AMLYZE has been working on its core solutions since 2019 and started offering it in autumn 2022. The company has been repeatedly recognized for its innovations in the field of combating financial crime.

This April, AMLYZE launched AMLTRIX – a community-driven framework for understanding, detecting, and mitigating illicit financial activity, designed to help standardize the global fight against money laundering.

For more information, visit AMLYZE website, LinkedIn, or X pages.

About LCKU:

Lietuvos centrinė kredito unija (LCKU) – the largest central credit union in Lithuania – oversees the LKU credit union group, which unites 44 credit unions and a network of over 100 service locations across the country. Established in 2002, LCKU became the first central credit union in Lithuania, with a core mission to strengthen the supervisory model of credit union operations and ensure the safe and stable functioning of the entire group.

The LKU group, coordinated by LCKU, offers a wide range of daily banking services for individuals, businesses, and farmers – from payment accounts and local or international transfers to savings and financing solutions. The credit unions prioritize not only the quality of services but also personalized attention to each customer’s financial history.

As of March 31, 2025, the consolidated assets of the LKU group amounted to €1.13 billion, with a loan portfolio of €0.84 billion and deposits nearing €1 billion.

For more information, visit the LCKU and LKU credit union group websites, or follow them on Facebook or LinkedIn.