Case Study: Neo Finance strengthens AML operations with AMLYZE

Neo Finance strengthens AML operations with AMLYZE for faster transaction monitoring and screening

Neo Finance, a Lithuanian fintech and peer-to-peer lending platform, needed to strengthen its anti-money laundering and counter-financing of terrorism (AML/CFT) operations to meet its regulatory obligations. The company required a robust solution to improve the speed and effectiveness of its transaction monitoring, sanctions screening, and customer risk assessment processes. It chose to implement the full-suite AML/CFT platform from vendor Amlyze.

Amlyze implemented its complete platform, including modules for transaction monitoring, customer screening, and investigations. The intuitive system was onboarded quickly, leading to immediate improvements in the speed and effectiveness of Neo Finance's AML operations. The results included a substantial enhancement of key processes and a strengthening of internal controls, aided by Amlyze's well-structured rules library and exceptionally responsive support team.

NEO Finance