As more and more banks open their APIs before the September 14 deadline, Salt Edge has added another one hundred to the list of its connected open banking APIs in the EU, making it 400+ integrations.
Gaining more speed along the open banking trajectory, just in the last two weeks Salt Edge has added a hundred more APIs and after the big number of 300+ in August has already integrated with 400+ banks across Europe and beyond, including Bank of Ireland, Ulster, Permanent TSB in Ireland, and MONETA Money Bank, UniCredit in the Czech Republic.
A special focus was put on Italy with connections to Fineco, Banca Monte dei Paschi di Siena, Intesa Sanpaolo, Credito Emiliano, Ubi Banca, Crédit Agricole, Banca IMI, Banca Fideuram, and many others, making a total of 100+ Italian APIs at the moment.
Integrating European open banking APIs still is not all roses, as the process is full of challenges due to different interface characteristics, implementation ways, and other issues, adding unnecessary friction. Salt Edge continues working towards its goal of connecting all the available open banking APIs and plans to expand its geography even further. Next banks in line to be integrated are ABN AMRO in the Netherlands, Sparkasse Bank, Volks-Raiffeisen Bank in Germany, UniCredit Group, Erste Group, and so on. The constantly growing number of Salt Edge’s API connections can be followed here.
Salt Edge is a global fintech company registered as Account Information Service Provider by the UK’s FCA, under PSD2. Among its most popular services are financial data aggregation API, open banking and PSD2 solutions, white label retail banking, and data enrichment. ISO 27001 certified, the company employs the highest international security measures to ensure stable and reliable interoperability channels between financial institutions and their users. Connected to 3500+ financial institutions in 60+ countries, Salt Edge brings comprehensive financial data at the fingertips of hundreds of thousands of end-users on a daily basis.
„Tendinţele pe care le-am remarcat înainte de începerea pandemiei s-au accelerat pe perioada stării de urgenţă. Am văzut acest lucru ca o oportunitate, un tipping point pentru bancă. Post-pandemie nu avem cum sa ne întoarcem la comportamentul financiar pe care îl aveam până în februarie a.c. Relaţia românilor cu online-ul s-a schimbat. In plus, cardul fizic se va dematerializa. Vom asista la o scădere a cererii pentru cardurile fizice, respectiv la o creştere a preferinţei pentru componenta digitală a acestora.”