Plumery Teams Up with Salt Edge for Enhanced Digital Banking Experiences
Plumery and Salt Edge have joined forces to offer optimized and secure digital banking experiences to their customers. This partnership is anticipated to provide clients with secure, real-time financial services by incorporating Salt Edge’s Open Banking gateway capabilities into Plumery’s platform.
By integrating Salt Edge’s Open Banking gateway, Plumery has expanded its digital banking experience platform to include real-time access to account aggregation and payment initiation across various banks worldwide. This integration is designed to simplify the process for financial institutions in reducing complexity, accelerating compliance, and shortening time-to-market for Open Banking-enabled features.
Key Features of the Partnership
The collaboration between Plumery and Salt Edge aims to enable banks and other financial institutions to deliver efficient, secure, and seamless digital banking journeys. By leveraging Plumery’s user-friendly platform and combining it with Salt Edge’s extensive data connectivity and regulatory expertise, financial institutions can create robust digital banking experiences without facing typical integration challenges.
Through this partnership, Plumery will provide new opportunities for financial institutions to build secure and frictionless banking experiences quickly. It allows these institutions to integrate their own data with customers’ data from different financial service providers. Additionally, the new integration offers connectivity to multiple banks across Europe, enabling users to complete transactions directly within their applications or platforms without switching.
Implications for Financial Institutions
This collaboration is timely as it addresses the growing pressure on banks due to complex regulatory requirements and increasing customer expectations. The partnership facilitates faster Open Banking and Open Finance initiatives by providing real-time data access, secure account-to-account payments, and future-ready digital services.
Overall, this partnership positions Plumery and Salt Edge at the forefront of innovation in digital banking, helping financial institutions meet both current and emerging demands in a competitive market.