Tuum, an Estonian-born next-generation core banking platform, has partnered with Salt Edge, a leader in open banking solutions, to help financial services providers from all over Europe to leverage the full spectrum of open banking features – fast and secure.
„Tuum’s API-first and modular core banking platform enables a quick roll out of new financial products, from accounts, deposits and lending to payments and cards. Thanks to the broad functionality of the platform, the company’s customer base is equally diverse, covering incumbent banks, payment providers, lenders and even a gateway for EU crypto companies,” according to the press release.
The partnership with Salt Edge enables Tuum’s clients to quickly become compliant with PSD2 and Open Banking directives, enhance the security of end-users with Salt Edge’s Mobile SCA solution and unlock Open Data by getting access to 5,000+ banks for account information and payment initiation services across Europe and beyond.
„Open banking has been a game-changer in financial services, making products more personalised, data more secure, and access to credit faster than ever before. Partnering with Salt Edge was an easy choice for us, as their leading solutions enable our customers to unlock the full potential of open banking.” – Julien Douve, Global Head of Alliances & Partnerships at Tuum
„Here at Salt Edge, we’re thrilled to join forces with Tuum. Knitted by a common goal to revolutionise financial services through innovative technologies, products, business models, and most importantly, to improve the financial consumer experience by offering access to the latest technology dressed up in a digital wrapper.” – Iulian Mitrea, Business Development at Salt Edge.
Tuum was founded in 2019 by a small group of Estonian financial IT pioneers with decades of experience in digitising and transforming large Nordic banks. The company has acquired customers throughout Europe and currently employs ca. 100 people in its offices in Tallinn, Berlin, Malaga and London.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
