Lithuanian Regtech AMLYZE Ties with Swedish Fintech Aura Cloud to Enhance Financial Crime Prevention

AMLYZE, a Vilnius-based RegTech, has announced a strategic partnership with Stockholm-based fintech Aura Cloud. AMLYZE offers advanced anti-financial crime solutions for financial institutions, while Aura Cloud provides a next-gen AI digital banking platform to enhance financial services.

This collaboration aims to enhance the fight against financial crime by leveraging AMLYZE's advanced transaction monitoring and customer risk assessment solutions alongside Aura Cloud's innovative banking platform.

"We are thrilled to partner with Aura Cloud," said Jekaterina Govina, Co-Founder and Head of Partnerships, at AMLYZE. "Their commitment to agility and innovation aligns perfectly with our mission to provide AML/CFT solutions, built by regulatory insiders, who understand customer pain points from the inside out. Together, we will empower financial institutions to stay ahead of the curve in the fight against financial crime."

Aura Cloud CEO Prem Bhagwat shared his excitement about the partnership, saying, "We are glad to start the co-operation with AMLYZE. Their automated transaction monitoring and customer risk assessment solution provides additional possibilities for our digital banking platform customers to have state of the art solution to minimize financial crime and enhance compliance. We see this partnership as an excellent addition to our current partnership ecosystem in Northern Europe and beyond."

(Source: ArcticStartup)