May 16th, 2023 • Open Economy by Marketing Skaleet

Skaleet joins forces with Salt Edge to bring Open Banking solutions to more financial institutions  🤝

Paris, France, May 16th 2023 - The French fintech Skaleet announces a partnership with the open banking pioneer Salt Edge. An alliance that will considerably facilitate the compliance of banking and electronic money institutions with the strict regulatory requirements of open banking.

A collaboration between two pioneers of the banking digital transformation

Founded in 2013, Salt Edge has quickly become one of the world leaders in open banking and can now offer financial institutions across the globe API solutions which enable them to conceive and commercialize innovative banking services. The company provides a full-stack open banking compliance solution that is adjustable to meet the requirements of any new jurisdiction, currently offering compliance with European’s Berlin Group, UK’s Open Banking, Australia’s CDR, Brasil Financial-grade API, Saudi’s and Jordan’s API standards. Salt Edge develops unique expertise on open banking regulatory compliance issues but also in interoperability between banks and third-party services.

Skaleet's core banking platform will now be able to offer its customers the benefit of this know-how. Its all-in-one and highly customizable solution aims to quickly develop innovative banking applications that answer entirely to the requirements of the different regional and local regulations. 

By automating the compliance of new banking services, Skaleet allows its customers to focus on the construction of state-of-the-art offers and customer relationship management.

" Salt Edge’s compliance solutions are among the most demanding and complete on the market. So, this partnership will therefore allow us to offer our customers a perfect serenity in terms of protection against reglementary risk. It is a decisive way to facilitate the entry of numerous financial institutions in the open banking world. "

Hervé Manceron - CEO - Skaleet

A unique gateway to facilitate a secure data flow

Besides helping with regulatory compliance, Salt Edge provides a unique gateway to customers’ accounts, both business and personal, in more than 5,000 banks and financial institutions. 

Therefore, this partnership is also a major opportunity for Salt Edge, whose ambition is to provide a universal gateway enabling instant payments and secure access to aggregated data from the largest number of banking institutions to the largest number of final users.

" This partnership will enable us to accompany new financial institutions in the highly regulated universe of open banking and therefore enable them to develop in complete serenity innovative services which are efficient and corresponding to the highest standards in terms of compliance. "

Alina Beleuta - Chief Growth Officer - Salt Edge

About Salt Edge:

Salt Edge – a financial API platform with open banking solutions for every business. The company has two main vectors of activity: enabling third parties to access bank channels via a unified gateway, and developing the technology necessary for banks to become compliant with the directive’s requirements. 

ISO 27001 certified and AISP licensed under PSD2, the company employs the highest international security measures to ensure stable and reliable connections between financial institutions and their customers. The company offers secure connections to 5,000+ financial institutions in 50+ countries. Salt Edge has been named a Strong Performer by Forrester…..

For more information, visit the website and LinkedIn.

About Skaleet:

Skaleet is a fintech offering a SaaS Core Banking Platform (CBP). Cloud-native and meeting the highest security standards, it is an alternative to the legacy infrastructures of banks and financial institutions. Thanks to its open and flexible platform, its customers can easily imagine, configure and deploy new products. With a single solution, its architecture addresses several business models reducing time to market and optimizing costs. Skaleet counts more than 40 clients and has managed more than 10 million users worldwide.

Skaleet is based in Boulogne Billancourt, France. To discover more, visit the website, Twitter and LinkedIn.

Press Contact:

Jihane Teretal

jihane@jt-conseil.com

06 08 27 68 85

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  • #corebanking

  • #openbanking

  • #innovation