Being a pioneer in developing open banking solutions, Salt Edge’s main goal is making headway toward open banking expansion and accessibility.
„That’s why joining the Berlin Group’s openFinance Advisory Group & Board was a natural step,” the comopany says.
The consultative panel was established by The Berlin Group – a pan-European initiative aiming to shape the development and the adoption of PSD2 compliance in Europe.
The advisory group aims to eliminate potential barriers and promote pan-European engagement and collaboration to foster adoption of openFinance framework API. Salt Edge has joined this broad community made up of open banking and third-party providers (TPPs) from Europe to discuss and consult on business, development, and technical matters linked to the applicability, availability, and evolution of the Berlin Group openFinance standards.
For almost a decade, Salt Edge has been helping both banks and TPPs from all over the world to interact efficiently in the open banking framework. The company knows this industry from the inside out, as it is specialised in both consuming and building open banking APIs.
„This experience helped Salt Edge discover which are the main pain points on both fronts and looks forward to sharing this expertise and contributing to the open banking community,” the company explains.
„The Berlin Group’s openFinance initiative has a significant role in the adoption of open banking in the EU and we’re excited to become a part of this advisory group. We are thrilled to get the opportunity and share our knowledge on openFinance activities and future specifications. It is priceless to be in a circle with like-minded people where we can share our experience, knowledge, and valuable insights to democratise open banking and the benefits it brings,” says Dmitrii Barbasura, CEO and Co-founder at Salt Edge
„It’s great to see Salt Edge joining the TPP forces in our Advisory Group, which drives the demand-side interests of the Berlin Group API. Salt Edge’s support and expertise are very welcome, especially as our scope – and the API – is now getting extended from PSD2 to openFinance functionalities,” says Ralf Ohlhausen, Co-chair of the Berlin Group openFinance Advisory Board
Salt Edge is a financial API platform with PSD2 and open banking solutions. ISO 27001 certified and AISP licensed under PSD2, the company is integrated with 5000+ financial institutions in 50+ countries.