Salt Edge
About
Open banking for every business
Salt Edge specialises in building open banking #API solutions that empower businesses from all over the world to create smart services for their customers based on access to bank #data and #payment initiation capabilities.
Our company has two main vectors of activity:
- Open Banking Gateway - allowing financial institutions to get instant access to customers’ bank accounts in Europe, APAC, and Americas for account information and payment initiation (only EU), via a unified API. The Gateway comes with a set of #dataenrichment tools including transaction categorisation, merchant identification, and financial insights, which help in analysing and understanding end-customers’ financial behavior.
- Open Banking and #PSD2 Compliance Solution - helping banks and EMIs to become compliant with the PSD2 and Open Banking requirements in just one month. The solution includes a set of APIs, #TPPverification system, Mobile #SCA, consent management system, and more.
Salt Edge offers open banking solutions that fit any business including lending, financial management, ERP, EMIs, invoicing, banks, accounting, KYC, and many others. We have a proven track record of success on the financial market, acquiring a vast clientele ranging from well-known fintechs like BudgetBakers, Oval Money, MoneyWiz, FreshBooks and banks including Société Générale, Bank of East Asia Limited, Guaranty Trust Bank Limited, to lending industry companies such as Crif, LendEx, Thincats, Forward Advances and many others. The team is spread out across offices in Toronto, London, Chisinau, Bucharest, Milano and currently consists of 80 team members.
Mobile Strong Customer Authentication (SCA)
Salt Edge has developed the stand-alone Mobile SCA application to handle dynamic linking and meet the strong customer authentication requirements. The solution adds an additional security layer, simplifying the access to banks’ and EMIs’ digital channels, granting a user-friendly authentication and authorization process.
Open Banking Compliance Solution
Salt Edge provides an Open Banking and PSD2 Compliance (Europe, UK, Australia, Brazil) solution covering all essential components required by regulators: Testing and Live environment for the TPPs for Account Information API & Payment Initiation API, the TPP Developer Portal, the TPP Management & Verification API, Consent Management SDK for banks web interface, a fallback channel and/or exemption from it. Additionally, we provide mobile-first application to comply with SCA and Dynamic Linking requirements.
Open Banking Gateway
Salt Edge has created a solution enabling account information and payment initiation in line with all directive’s local specifications, including PSD2 in Europe, OBIE in the UK, CDR in Australia, soon Brazil, Saudi Arabia, and other global standards. The solution comprises 3 products: Account Information - globally, Payment Initiation within EU, and Data Enrichment.
Account Information