Summary

• Mano Bank has selected AMLYZE to consolidate anti-money laundering and counter-terrorist financing processes.
• The platform combines customer risk assessment, transaction monitoring, screening, and investigation management.
• The agreement does not specify a contract value, completed deployment, or measured improvement in compliance performance.

Lithuanian lender Mano Bank has selected regulatory technology company AMLYZE to bring customer risk assessment, transaction monitoring, screening, and financial crime investigations into a single software environment as the bank expands its operations.

The agreement, confirmed on 3 November, extends Mano Bank’s investment in automation and digital financial services. AMLYZE, also based in Lithuania, will provide a platform designed to manage information used in anti-money laundering and counter-terrorist financing processes, commonly referred to as AML/CFT.

The proposed system will connect activities that can otherwise involve separate applications and manual transfers of information. By allowing compliance teams to examine customer profiles, transactions, screening results, and investigations together, the bank intends to reduce repetitive administration and improve the consistency of its risk assessments.

Neither company has disclosed the contract value, implementation timetable, or expected reduction in compliance costs. The agreement confirms the technology selection, rather than establishing that the complete platform is already operating across the bank.

Customer checks continue beyond onboarding

Financial institutions must establish the identity of customers and assess relevant risks when business relationships begin. Those responsibilities continue as customers use banking services, make payments, or change their patterns of activity.

Customer screening can involve checking names against sanctions lists, politically exposed person records, and adverse media information. Transaction monitoring examines payment activity for patterns that may indicate money laundering, terrorist financing, or other financial crime risks.

Although these activities are connected, they answer different questions. A customer may pass an initial identity and sanctions check while subsequently conducting transactions that require additional investigation.

Equally, a transaction may raise a potential sanctions match without displaying an unusual payment pattern. Compliance specialists need access to the relevant information before deciding whether further examination or action is appropriate.

Bringing these records together can give investigators a more complete view of the circumstances surrounding an alert. Previous assessments, customer information, payment details, and earlier case decisions may help them determine whether activity is consistent with an established relationship.

The proposed arrangement also allows information to be maintained within a common case management process, reducing the need to recreate the same records in separate applications.

However, integration will depend on the quality of the bank’s underlying information. Incomplete customer records, inconsistent identifiers, or incorrectly categorised transactions can affect automated checks even when the software processing them operates as intended.

Mano Bank will therefore need to establish reliable connections between the platform and its existing banking systems, with suitable controls over how information is updated and accessed.

Automation changes the work of compliance teams

AMLYZE provides tools for real-time and retrospective transaction monitoring, customer risk assessment, screening, and investigations. The company develops software for financial institutions seeking to organise these processes more consistently while managing larger volumes of activity.

Automated monitoring can examine information against defined rules or analytical models, generating alerts when activity requires closer attention. The resulting cases still need to be evaluated according to the bank’s policies and applicable regulatory obligations.

Excessive alerts can place pressure on compliance teams, particularly when numerous results are caused by incomplete information or apparent name matches that do not represent genuine risks.

Reducing unnecessary investigations can free resources for more complex cases, but the system must also identify activity that genuinely warrants attention. Lower alert volumes alone would not demonstrate stronger financial crime controls.

The effectiveness of monitoring depends on the quality of its detection methods, the information available, and the decisions made after an alert is generated.

AMLYZE has also developed an optional AI-assisted name-matching capability called Sama, introduced in September 2026. It is designed to provide interpretable matching information while leaving final decisions with compliance analysts.

The Mano Bank agreement does not confirm that Sama is included in the bank’s selected configuration. The separate product should therefore not be treated as an established component of this deployment.

Ernestas Šteimantas, Head of AML/CFT Operations and Control at Mano Bank, has identified the need to maintain effective risk management while making financial services convenient for customers.

That balance is relevant to customer screening and payment monitoring, where delays caused by unnecessary checks can affect legitimate activity. Automation may help organise the work, but the bank remains responsible for maintaining appropriate controls and making the decisions required by regulation.

Expansion increases the need for consistent processes

Mano Bank operates under a specialised banking licence issued by the Bank of Lithuania and provides services including business financing, payments, and deposits.

The lender has developed its activities beyond its domestic market, with deposit operations covering Lithuania and several other European countries. Its technology investments have included payment infrastructure, digital services, and improved customer self-service arrangements.

As the bank adds services and customers, the volume and variety of information handled by its compliance teams can increase. A system designed for a smaller operation may require additional manual work when transaction volumes grow or when new products introduce different risk characteristics.

In its 2025 financial statements, Mano Bank reported total assets of approximately €711 million, an increase of 61.6% during the year. That growth provides context for its investment in operational systems, although the financial figures do not establish a direct relationship between business expansion and the cost of compliance.

The bank’s requirement is to maintain controls as activity increases without allowing routine administration to grow unnecessarily. Combining related processes may support that objective, provided the software remains reliable and its monitoring arrangements are appropriately maintained.

AMLYZE reports serving approximately 30 financial institutions across two continents, including electronic money institutions, digital banks, fintech companies, and payment businesses.

The Mano Bank contract extends its involvement in Lithuania’s financial services market, where both companies have an established presence.

Consolidation creates new operational dependencies

Combining several compliance functions within one platform can simplify workflows, but it also makes the availability and security of that system more important.

Financial institutions need to understand how information is protected, which employees can access sensitive records, and how investigative work continues if a software service becomes unavailable.

They must also maintain reliable audit trails showing which information was reviewed and how decisions were reached. Those records may be required during internal reviews, supervisory examinations, or investigations involving particular customers or transactions.

Where several processes depend on a common supplier, contractual arrangements for support, data recovery, and system changes become part of the operational assessment.

Implementation will also require decisions about how existing investigations are transferred, whether historical alerts remain accessible, and how the bank will test the system before relying on it for routine compliance work.

Mano Bank and AMLYZE have not disclosed the detailed integration plan or the metrics they intend to use to evaluate the completed deployment. Relevant measures could include investigation handling times, the quality of alert prioritisation, the availability of supporting evidence, and the consistency of risk assessments.

The agreement establishes a new technology supplier for the bank’s financial crime controls. Its operational results will become clearer when the platform has been integrated with existing systems and the bank can assess how effectively the combined workflows support its compliance responsibilities.