Scaling with Confidence: How VIALET Elevated Compliance While Growing 10x

Vialet

Scaling with Confidence: How VIALET Elevated Compliance While Growing 10x

Learn how VIALET elevates compliance while reducing manual workload with AMLYZE

Industry: Fintech

Use Case Type: Enterprise-wide AML/CFT compliance platform

Modules used: Transaction Monitoring, AML Investigations, Customer Screening, Payment Screening

Founded in 2017, VIALET (Via Payments UAB) is a Lithuanian electronic money institution (EMI) licensed by the Bank of Lithuania. The company offers a broad range of digital financial services for businesses across the EU and EEA. VIALET provides business accounts with dedicated IBANs, merchant acquiring, SEPA and SWIFT transfers, and mass payout solutions, making it especially attractive for online businesses such as eCommerce companies, P2P platforms, and the gaming industry seeking a reliable, fast, and fully digital partner. With over €65 million safeguarded customer funds in 2024 and annual revenue exceeding €12 million, VIALET is one of the fastest-growing fintechs in the Baltic region. Its strength lies in speed, adaptability, and cross-border capabilities, offering clients a secure and convenient financial ecosystem.

Challenge

Operating as an EMI in Europe, VIALET faces constant regulatory pressure to ensure compliance with AML/CFT requirements while maintaining a smooth customer experience.

At VIALET, we take regulations seriously, and staying compliant – both in financial crime prevention and overall regulatory alignment – is extremely important to us,
– says Dmitrijus Ovčarovas, ICA, Senior AML Officer at VIALET.

Dmitrijus Ovčarovas

The main challenges included:

  • Detecting potential financial crime at early stages.
  • Reducing false positives to avoid disrupting legitimate customers.
  • Adapting quickly to new regulatory requirements and evolving risks.

Why AMLYZE?

VIALET was looking for an AML solution that combined robust compliance capabilities with flexibility and speed. The company needed a partner that could support its growth, provide outstanding customer service, and ensure that its compliance teams could operate efficiently.

The critical functionality and existing flexibility, as well as exceptional customer support, were key factors for us, explains Dmitrijus.

The AMLYZE team created exceptional relationships with us during onboarding, considered all our needs, and helped us prepare the system for integration. All our requests, big or small, were treated as equally important.

For VIALET, the choice was also driven by AMLYZE’s modern UI, adaptability, and default rules library, which allowed the compliance team to get started quickly while tailoring the system to their specific needs.

The modern UI, the flexibility and adaptability of the system, and a huge default rules library really stood out. The core engine, which is evolving rapidly, showed how good and fast AMLYZE is during the very first weeks.

Implementation

VIALET adopted four AMLYZE modules:

  • Transaction Monitoring
  • AML Investigations
  • Customer Screening
  • Payment Screening

The implementation process was smooth and collaborative, with the AMLYZE team working closely with VIALET to customize workflows and fine-tune rule precision.

All our requests during the launch were handled immediately. The system was tailored to our needs, helping us stay compliant and giving us confidence that we’re protecting both our business and our customers, says Dmitrijus.

This close partnership and attention to detail match the approach VIALET takes with its own clients.

Results

Since implementing AMLYZE, VIALET has seen significant improvements in efficiency, accuracy, and scalability.

  • 10x growth in processed transactions without system overload.
  • Substantial reduction in false positives, improving both customer experience and compliance
    focus.
  • Higher accuracy in sanction-related alerts, ensuring the team investigates only what truly matters.
  • Increased agility in adapting to regulatory changes.

Since launch, the number of processed transactions has increased at least 10 times, and we do not feel the system is even close to being overloaded, notes Dmitrijus.

The precision of the rules reduced the number of false positives and, more importantly, does not disturb our customers. With AMLYZE, we know that when we have an alert, there’s a real reason behind it.

Experience

For VIALET, AMLYZE is not just a vendor – it’s a partner in compliance and growth.

We started using AMLYZE from version 1.0, and many of the features available today were influenced by our requests. The UI is evolving fast, and new features are presented regularly. Overall, the experience is very positive, and we’re always looking forward to updates to discover new tools we can use every day.

In one sentence

It does the trick! – Dmitrijus Ovčarovas, ICA, Senior AML Officer at VIALET


📖 Want to see how AMLYZE and VIALET collaboration works in practice? Read our case study to learn how we helped improve sanctions screening efficiency by 10x while maintaining accuracy.

👉 Discover how AMLYZE can transform compliance in your institution – Get a demo.

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