Salt Edge’s data aggregation helps Zeeco calculate carbon emissions

Zeeco, a New Zealand fintech, teamed up with Salt Edge, a leader in offering open banking solutions, to access users’ bank data and automate eco-contributions.

With raising awareness on the environmental problems in the world, more and more industries turn to eco-friendly solutions and now even everyday shopping can benefit the planet. Zeeco is an app that lets users shop carbon free anywhere. By connecting directly to the users’ bank feed Zeeco can calculate the carbon footprint of everyday purchases like food, clothing and travel, and allow users to offset the emissions automatically by supporting global reforestation through the nonprofit organisation Eden Reforestation Projects. Zeeco selected Salt Edge for aggregating users’ data securely and automatically.

With Salt Edge Partner Program, Zeeco can now skip integrating with thousands of banks and get access to open banking channels of UK and EU banks in a PSD2 compliant way, without acquiring an account information licence. As in addition to New Zealand and Europe, Zeeco plans to launch in other regions of Australasia and then America, the access to over 5800 financial institutions worldwide is a cornerstone of its expansion strategy. Driven by Salt Edge’s data aggregation and enrichment solutions, Zeeco allows people to support global reforestation projects, manage their environmental impact and fight climate change on the go as they shop.

I have been looking for a platform that would enable us to build a truly global product. The wide range of banks and countries supported by the Salt Edge platform solved that challenge for Zeeco. As for a developer, the clear and well-structured API documentation made it an easy choice over some alternatives I have previously struggled to integrate with. Having a modern API and streamlined API system provides an advantage of rapid development.

Jon Krebs, Founder & CEO at Zeeco

We believe that right now it is more important than ever to raise ecological awareness and it’s exciting to collaborate with a company like Zeeco, moving towards a greener future, as open banking brings unlimited applicability in every aspect of daily life. At a time when the infrastructure’s impact is evident, Salt Edge is happy to help Zeeco use financial data the best way through means of open banking.

Lisa Gutu, Head of Business Development at Salt Edge

Discover the full Salt Edge coverage to find out if our services are available in your country.

 

About Salt Edge

Salt Edge – a financial API platform with PSD2 and open banking solutions. 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 5800+ financial institutions in almost 70 countries.

More information: www.saltedge.com
Phone number: +1-437-886-3969
Email: press@saltedge.com

About Zeeco

Zeeco is an application that allows users to shop carbon free anywhere. It calculates the carbon emissions generated by everyday purchases, and allows users to fund global reforestation projects, rebuilding habitats, supporting local communities and fighting climate change automatically as they shop. The company is headquartered in New Zealand.

More information: zeeco.io
Email: jon_krebs@zeeco.io

Salt Edge report

Discover what is the current state of open banking in Europe

Download now

Related articles

10 min read May 2019

The eIDAS Challenge for TPPs under PSD2

Article 30(1)(a) of the RTS provides that ASPSPs are obligated to have in place at least one interface which meets, inter alia, the requirement that AISPs, PISPs and CBPIIs are able to identify themselves towards the ASPSP. For the purpose of identification, ASPSPs and TPPs shall rely on using eIDAS (electronic…

9 min read Jun 2020

Building a PSD2 compliant channel: challenges and opportunities for financial institutions

PSD2 obliges ASPSPs including banks, e-wallets, prepaid cards and other companies that offer payment accounts to provide at least one channel for secure communication with third party providers (TPP). Even neobanks or e-money institutions, including their agents, have to provide such channels with sandbox environments published 6 months before going…

3 min read Mar 2020

PwC picked Salt Edge as part of the Digital Ecosystem Banking

Salt Edge, a leader in offering open banking solutions, was invited by the consulting firm PwC to be part of the development of Digital Ecosystem Banking, which has the scope to empower banks towards next generation agility, seamless customer experience and integration with external ecosystems. Using the principles of Open…

3 min read May 2019

Salt Edge Open Banking API now supports eIDAS PSD2 certificates

Salt Edge is the first Open Banking vendor to add the support of eIDAS PSD2 certificates in its system for TPP identification when they access ASPSPs’ channels. Now, the company’s clients that act as payment service providers (AISP, PISP, PIISP, ASPSP) and that use Salt Edge as a technical service…