Curve partners with Salt Edge for open banking compliance

Curve, the financial app which empowers customers to understand and master their finances by combining all debit, credit, and loyalty cards into one has partnered with Salt Edge, a leader in open banking. The compliance and regulatory partnership with Salt Edge will enable the app’s millions of users across Europe to continue to access the benefits of open banking.

The super app Curve is on a global mission to give customers financial freedom by simplifying and unifying how they spend, send, see and save money. This partnership with Salt Edge will enable Curve to continue to meet the highest regulatory standards at all times as it brings new payment technologies to its customers.

Curve set out to find a partner to help them meet open banking compliance and regulatory requirements of both the European Banking Authority (EBA) and the Bank of Lithuania (BoL). To achieve this, Curve is working with Salt Edge, a trusted provider that has a strong track record of supporting financial services providers in this area.

Curve strives to uphold the highest standards of regulatory compliance. This partnership with Salt Edge is the latest step in ensuring that we continue to fulfill our obligations under the PSD2 regulation. Salt Edge has brought together an industry-leading team in this area with a strong reputation for best-in-class service. We are delighted to be working with them as part of this collaboration.

Mantas Šlepetys, Head of Curve Europe at Curve

Salt Edge’s PSD2 solution makes the customer journey seamless by eliminating the friction between stakeholders. The solution includes a set of APIs, a TPP access verification system, a strong customer authentication app, a consent management system, and more.   

We were excited that Curve, a super app that successfully empowers 4 million users to manage their finances smarter, chose us as their partner when they were looking for a future-proof and quick way of leveraging the PSD2 capabilities. The goal of our collaboration was to ensure full PSD2 compliance while Curve can truly embrace the open banking potential for their customers.

Ilia Dragan, Chief Product Officer at Salt Edge

About Curve

Curve is the money super app enabling financial freedom by simplifying and unifying the way we spend, send, see and save money. Launched in 2018, Curve now has approximately 4 million customers in over 30 markets across the UK, European Economic Area (EEA), and the USA. Find out more about Curve here.
Email: curve@mhpc.com 

About Salt Edge

Salt Edge – a financial API platform with PSD2 and open banking solutions for every business. The company has two main vectors of activity: enabling third parties to get access to 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 is integrated with 5,000+ financial institutions in 50+ countries.

More information: www.saltedge.com 
Follow Salt Edge on LinkedIn and Twitter 
Email: press@saltedge.com

Salt Edge report

Discover what is the current state of open banking payments in Europe in 2021

Download now

Related articles

3 min read Jul 2020

Jordan Ahli Bank Cyprus equips for PSD2 with Salt Edge’s solution

Salt Edge, a leader in developing open banking solutions, helped Jordan Ahli Bank Cyprus become amongst the first group of banks in Cyprus to comply with PSD2 requirements. PSD2 brings an opportunity for banks to respond to their customers’ expectations by opening APIs for secure access by third party providers…

8 min read Oct 2021

App2app redirect: the correct way to handle it

Product development is a key part of Salt Edge’s success. All new technologies and features are being tested internally and by end-users, which gives us an opportunity to improve and learn from their direct feedback. Sharing is caring. Hence, we find it essential to share our experience in implementing app2app…

7 min read Nov 2021

Australian CDR – how are banks welcoming it?

While at a first glance Consumer Data Right (CDR) might seem an intruder to the peace that Australia’s financial institutions have built for themselves, CDR is here to stay and bring benefits to all players involved, provided that we all make it work.   The Australian Competition and Consumer Commission (ACCC)…

5 min read Oct 2021

App2app redirect consistency in Android

The simplest way to implement app2app redirect in Android is to shift responsibility to the browser application. But what about user experience? How can the flow be seamless and consistent?  Diagram 1. Redirection steps in app2app and app2web flow Let’s review how the Android app can handle at its best…