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What is Salt Edge?

Salt Edge stands out as a pioneering fintech firm that enhances the communication and compatibility among banks, third-party service providers, and their users. With a growing presence in Toronto, London, Chisinau, Milan, Bucharest, and a new expansion into the Middle East, the company is making significant strides in the financial technology landscape. Its core areas of focus include: 1. Open Banking Gateway - this innovative solution enables lenders, accounting software, banks, BFMs, PFMs, iGaming enterprises, and various other organizations to seamlessly connect with all customers' bank accounts across Europe, APAC, the Americas, and the MEA region for account details and payment initiation, through a single streamlined API. 2. Open Banking and PSD2 Compliance Solution - this service facilitates banks and eWallets in achieving compliance with PSD2 and Open Banking regulations in just one month, requiring minimal resources to implement. Salt Edge is ISO 27001 certified and licensed for open banking, implementing top-tier international security protocols to guarantee dependable and secure connections between financial entities and their clientele. The company provides efficient connectivity to over 5,000 financial institutions across more than 50 countries. Furthermore, Salt Edge has been recognized as a Strong Performer in The Forrester Waveâ„¢: Open Banking Intermediaries, 2023 Report, highlighting its commitment to excellence and innovation in the industry. As it continues to grow, Salt Edge aims to further enhance the open banking ecosystem, making financial services more accessible and efficient for users worldwide.

What is Open Banking Suite?

The PSD2 regulation aims to regulate innovative digital payment services, enhance transparency, and bolster the security of transactions conducted online. It also promotes competition within the payment industry and requires all banking institutions to comply with its guidelines. To address the growing demand for comprehensive solutions in this space, we have created an Open Banking Suite featuring a modular design, which includes an API hub called Up2Connect, a strong customer authentication (SCA) element known as Up2Seal, and a payment terminal named Up2Pay. This solution not only aligns with the standards set by the Berlin Group but also adheres to local user regulations. Financial entities can choose to either integrate the specific modules they need or implement a bundled solution. By leveraging the Up2Connect module for open banking compliance alongside the Up2Seal module for enhanced security measures, Sirma establishes itself as a dependable technology partner. We believe that the advancements initiated by PSD2 will play a crucial role in driving a digital transformation within the financial industry, leading to more innovative and secure payment solutions. As the market continues to change, our suite is ready to evolve and meet new trends and regulatory demands. This proactive approach ensures that Sirma remains at the forefront of financial technology advancements.

Media

Media

Integrations Supported

AMLYZE
Corefy
Deskera
Mambu
Meld
Quickwork
Temenos Transact
Vyzer

Integrations Supported

AMLYZE
Corefy
Deskera
Mambu
Meld
Quickwork
Temenos Transact
Vyzer

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Salt Edge

Date Founded

2013

Company Location

Canada

Company Website

www.saltedge.com

Company Facts

Organization Name

Sirma

Date Founded

1992

Company Location

Bulgaria

Company Website

sirma.com/products/open-banking-suite.html

Categories and Features

Banking

ATM Management
Compliance Tracking
Corporate Banking
Credit Card Management
Credit Union
Investment Banking
Multi-Branch
Online Banking
Private Banking
Retail Banking
Risk Management
Securities Management
Transaction Monitoring

Categories and Features

Banking

ATM Management
Compliance Tracking
Corporate Banking
Credit Card Management
Credit Union
Investment Banking
Multi-Branch
Online Banking
Private Banking
Retail Banking
Risk Management
Securities Management
Transaction Monitoring

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