Salt Edge Inc. partners with Inverite Verification Inc. | Salt Edge

Inverite Verification Inc. is set to begin using Salt Edge Categorization engine to assist lenders in vetting loans.

August, 23th, 2016 – Categorization has always been provided within the Salt Edge’s Spectre API. Now the company introduces the unique possibility to use the categorization engine independently of the data aggregation. Inverite Verification Inc., empowered by Salt Edge, will be the pioneer in bringing the transaction categorization to the Canadian lending market. The platform will allow their clients to make smarter and faster loan decisions, by providing them valuable insight into customers’ financial habits without having to go through each transaction separately. Salt Edge Categorization API is a truly international tool. It employs a database of 2.000.000 points-of-sale, and understands transaction descriptions in a variety of languages based not only on the Latin alphabet, but also Cyrillic, Arabic, Chinese, etc. This makes the categorization process independent of the geographical origin of the transaction and applicable in any country around the world.

About Salt Edge Inc.

Salt Edge Inc. is a fast-growing innovative company specialized in FinTech. It provides world-leading account data aggregation, customer-oriented money management, and white label banking solutions. Salt Edge enables its partners to embrace innovation, driving their businesses to the next level. Spectre API supports over 2500 financial institutions across 52 markets. Salt Edge Inc. was founded in 2013 and is headquartered in Ottawa, Canada. More detailed information about the company and its services can be found at www.saltedge.com. Phone number: +16136996932 E-mail: press@saltedge.com

About Inverite Verification Inc.

Inverite Verification Inc. is a Canadian-based company specialized in delivering any sort of online verification. Its motto is “Verification at the speed of business”. More detailed information about the company and its services can be found at www.inverite.com Phone number: 778-735-0446 E-mail: info@inverite.com

Share this article

Salt Edge report

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

Download now

3 min read Sep 2021

Salt Edge PSD2 Compliance Solution to be integrated into Western Union’s digital bank pilot in Europe

Salt Edge, a pioneer in open banking, has teamed up with Western Union, a global leader in cross-border, cross-currency money movement and payments, to integrate its solution into the latter’s multi-currency bank account pilot in Europe. Backed up by PSD2 compliance, Salt Edge’s solution will enable Western Union to extend…

2 min read May 2015

Salt Edge launches Banks Integration Program | Salt Edge

Salt Edge, the financial data aggregation platform, has launched the Banks Integration Program which makes possible for anyone to suggest new bank connections and actively participate during the integration process. May 5, 2015 – Salt Edge Inc. has launched the Banks Integration Program, a new tool that will boost the expansion…

2 min read May 2016

Salt Edge partners with Walkover Technologies | Salt Edge

Salt Edge has signed an agreement on the use of its financial data aggregation service with Walkover Technologies – a partner from India, the new participant in Salt Edge startup program. May 31, 2016 – Walkover Technologies has begun the process of implementation of Spectre API within its non-inventory accounting service…

2 min read Oct 2018

Open Banking Payment Infrastructure built from scratch by Salt Edge

Salt Edge now supports Open Banking payment flows. Combined with a PSD2 Account Information API developed earlier this year, this fully operational Open Banking payment infrastructure comes as a complex answer to all the questions the revised Payment Service Directive (PSD2) has raised, thus dubbing Salt Edge as a pioneer…