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What is Snowdrop MRS?

Snowdrop Solutions helps banks, fintechs and financial institutions turn raw transaction data into accurate, contextual and actionable financial information. Its Transaction Enrichment API adds merchant names, logos, locations, categories and contact details to transaction and payment data, while smart categorisation improves data consistency. Snowdrop supports digital banking, personal financial management (PFM), spending analysis, financial insights and customer personalisation. Its AI capabilities transform enriched transaction data into natural-language insights and personalised financial guidance, helping financial institutions move beyond simply displaying transactions to helping customers understand their financial activity.

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 Wave™: 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.

Media

Media

Integrations Supported

AMLYZE
Corefy
Deskera
Google Cloud Platform
Google Maps
Mambu
Meld
Quickwork
Spendstream
Temenos Transact
Vyzer

Integrations Supported

AMLYZE
Corefy
Deskera
Google Cloud Platform
Google Maps
Mambu
Meld
Quickwork
Spendstream
Temenos Transact
Vyzer

API Availability

Has API

API Availability

Has API

Pricing Information

custom
Free Version
Free Trial Offered?

Pricing Information

Pricing not provided
Free Version
Free Trial Offered?

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

Snowdrop Solutions

Date Founded

2013

Company Location

United Kingdom

Company Website

snowdropsolutions.co.uk/mrs/

Company Facts

Organization Name

Salt Edge

Date Founded

2013

Company Location

Canada

Company Website

www.saltedge.com

Categories and Features

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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