Salt Edge announces its most significant landmark so far – integrating with 1000+ open banking APIs so that businesses could develop smarter and better services for end-users.
Having access to accounts is especially beneficial for businesses when the number of connected accounts is constantly growing, the size of the range really matters here.
„So, understanding the significance of offering a pan-European coverage, Salt Edge works patiently and steadily on connecting to all financial institutions. And right now there is a call for celebration: 1000+ connected PSD2 APIs, with recently being added TransferWise and Capital One in the UK, ČSOB in Slovakia, ING in the Netherlands, DNB, Eurobank Private Bank, and Raiffeisen in Luxembourg.”, according to the press release.
„A special emphasis was put on Germany, with 300+ connections added in the last couple months, including Deutsche Bank, Sparkassen Group, Volks-Raiffeisen Group, Commerzbank, HypoVereinsbank (UniCredit), and others.”, the company added.
“It’s a good feeling to be an open banking pioneer with 1000+ PSD2 bank connections all over Europe, but more importantly a larger audience can now safely access from third party applications their accounts, held in many different institutions. At Salt Edge, we are constantly working to help our clients provide the best open banking services to their end-users,” commented on the news Vladimir Pintea, Head of Open Banking at Salt Edge.
Next stops on the Salt Edge’s journey to integrating with all the open banking APIs in Europe and beyond are the following: BBVA, Sabadell, Santander, Bankinter, Bankia, BNP Paribas Group, Crédit Agricole Group, and many more.
The list of Salt Edge’s bank integrations, updated regularly, can be followed here.
„Though Libra has met with fierce resistance from central banks and supervisory authorities and might never see the light of day, in many other cases tech firms (both start-ups and established big players) have successfully captured bits and pieces of universal banks’ traditional value chain. This trend may only intensify in the coming years. In this environment, European banks remain squeezed.”