The word from AMLYZE, as they sign up a new client;
European Merchant Bank (EMBank), a specialized bank licensed by the European Central Bank and headquartered in Vilnius, has selected AMLYZE, a RegTech company built by former regulators and AML professionals, to significantly strengthen its anti-money laundering (AML) and counter-terrorist financing (CFT) framework.
This strategic investment underscores European Merchant Bank’s commitment to continuously enhancing its compliance posture and reinforcing trust with regulators, partners, and clients. By partnering with AMLYZE, EMBank is taking a proactive step to further mature its AML/CFT controls, governance, and operational resilience in a rapidly evolving regulatory environment.
Under the partnership, European Merchant Bank will deploy the full AMLYZE product suite, including Transaction Monitoring, Customer Risk Assessment, AML Investigations, Customer Screening, and Payment Screening. The implementation will support EMBank’s growing SME and fintech client base by enabling more robust risk detection, efficient investigations, and scalable compliance operations across its banking services.
The collaboration also highlights AMLYZE’s unique positioning as a RegTech provider founded and developed by former regulators and senior AML practitioners – a critical factor for European Merchant Bank as it strengthens its alignment with supervisory expectations and best practices.
“European Merchant Bank’s decision to invest further in AML/CFT and partner with AMLYZE reflects a clear and forward-looking commitment to regulatory excellence,” said Gabrielius Erikas Bilkštys, CEO and Co-Founder at AMLYZE. “As a bank licensed by the European Central Bank, EMBank operates under the highest supervisory standards. Our platform, built by ex-regulators and AML experts, is designed precisely to help institutions meet those expectations with confidence, transparency, and operational efficiency.”
Sarp Demiray, CEO of European Merchant Bank, commented: “At EMBank, we view compliance not as a checkbox, but as a core pillar of sustainable banking. Partnering with AMLYZE strengthens our AML/CFT framework and supports our long-term vision of responsible growth. Their regulatory DNA and comprehensive product suite give us the tools we need to further enhance our controls while continuing to serve SMEs in Lithuania and fintechs globally.” “It is encouraging to see Lithuanian banks continuing to invest in stronger AML/CFT capabilities. In today’s environment, effectiveness matters as much as formal compliance – so choosing reliable, proven technology partners is essential. Such decisions help ensure consistent supervisory outcomes and reinforce confidence in the Lithuanian banking system,” said Dr. Eivilė Čipkutė, President of the Lithuanian Banking Association. A representative of Fintech Hub LT highlighted the partnership as a sign of Lithuania’s growing fintech maturity.
“This partnership reflects the level of maturity the Lithuanian fintech ecosystem has reached,” said Greta Ranonytė, Chief Executive Officer of Fintech Hub LT. “We increasingly see fintechs and banks that have grown in Lithuania choosing compliance technologies developed locally. The ability to source advanced, end-to-end AML solutions within the same market demonstrates not only technological depth, but also a high level of trust and sophistication across the ecosystem.”
This partnership marks a significant milestone for AMLYZE, as European Merchant Bank is joining the bank clients of AMLYZE, while becoming the first in Lithuania, reinforcing the company’s growing footprint in the regulated banking sector.
Be the first to comment