Salt Edge connects to 300+ open banking APIs

Easily staying the course of open banking during these turbulent times for the European financial market, Salt Edge increases its overall number of connected bank APIs to 300+ in the EU.

Back in June 2019, Salt Edge announced the successful integration via open banking APIs with more than 200 banks all over Europe. Only two months later it is a hundred more, as Salt Edge is also connected with open banking APIs of Monzo, Revolut, Erste Group, CMA9, and many others. 

Each API integration requires a lot of hard work, as Salt Edge’s experts check for any bugs and ticks through testing. It means looking for any pain-point in each bank’s interface and its documentation, and providing the feedback to their developers. The connection process must be smooth and frictionless, so that Salt Edge’s clients can provide excellent services to their end-users in the new open banking era. The goal is to give each bank connection focused and specific functional testing, as each API might differ in documentation, authentication flow, customer journey, and functionality. The integration experience with APIs in different countries was full of obstacles, so it is safe to assume that all third-party providers have to jump through hoops trying to connect with European banks. A collaborative attitude and combined efforts from all the market’s participants will be required in order to go through the integration smoother and eventually make open banking work for end-customers. 

Salt Edge is further planning to connect with more banks in Europe: Ireland – Bank of Ireland, Ulster, Permanent TSB; France – Crédit Agricole, Crédit Mutuel; the Czech Republic – ČSOB, UniCredit and so on. You can check out here how many APIs are currently integrated.

About Salt Edge

Salt Edge is a global fintech company offering a range of cutting-edge solutions to financial institutions, banks, finapps, and other fintech companies. The company is registered as Account Information Service Provider by the UK’s FCA, under PSD2. Among its most popular services are financial data aggregation API, open banking and PSD2 solutions, white label retail banking, and data enrichment. ISO 27001 certified, the company employs the highest international security measures to ensure stable and reliable interoperability channels between financial institutions and their users. Connected to 3400+ financial institutions in 66 countries, Salt Edge brings comprehensive financial data at the fingertips of hundreds of thousands of end-users on a daily basis.

More information: www.saltedge.com

Phone number: +1-437-886-3969

E-mail: press@saltedge.com

Salt Edge report

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

Download now

Related articles

4 min read Sep 2020

Salt Edge brings open banking data to Deskera’s SME clients in Singapore

Provider of cloud-based business software Deskera partners with Salt Edge, leader in offering open banking solutions, to automate financial data aggregation for its SME customers. In Singapore, business digitalisation is supported on the national level through various initiatives like SMEs Go Digital programme and the Automation Support Package (ASP). Deskera…

3 min read Jul 2020

Irish firm teams up with Salt Edge to simplify mortgage process

Irish fintech firm OnlineApplication works with Salt Edge, a leader in developing open banking solutions, to help the entire mortgage market ease and shorten the traditionally cumbersome mortgage application process to minutes. Salt Edge’s data aggregation solution enables OnlineApplication deliver instant banking information within a mortgage application to include a…

4 min read May 2022

Salt Edge report: Top 5 use cases for B2B companies powered by open banking

Open banking is a global phenomenon created to boost innovation, competition, and efficiency by combining the strong points of both fintechs and banks. Here at Salt Edge, we’ve analysed thousands of demo requests and the actual experience of our clients to qualify the most spread and with the highest-potential open…

3 min read Apr 2022

Newly launched TPP Verification by Salt Edge consolidates security, exactly as PSD2 requires

Salt Edge announces the launch of a new open banking solution on the European market – TPP Verification. The solution simplifies ASPSPs’ efforts in checking the third-party providers trying to access users’ account data. To keep customers’ accounts safe, ASPSPs are obliged by PSD2 to have a mechanism for TPPs…