Five Degrees and Salt Edge join forces to take digital banking to the next level.
Published on: June 1, 2022
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Five Degrees and Salt Edge announce a collaboration to boost digital banking innovation.
This collaboration aims to add open banking capabilities to lending and accounts engines of Five Degrees cloud-native core banking offering °neo.
Maurits van Schooneveld, Strategy Manager at five°degrees: “Five Degrees is proud to announce that it will partner with Salt Edge for their cloud-native core banking offering °neo. Together, Five Degrees °neo and Salt Edge will pursue opportunities to further digitize the financial services industry. Salt Edge, a leading open banking solution provider, offers a wide variety of services that complement the °neo lending and accounts engines. Given Salt Edge’s global presence, we foresee ample opportunities to jointly serve current and new markets”.
Alina Beleuta, Growth Officer at Salt Edge: “Modern financial services industry is experiencing a seismic shift in how software solutions are created and delivered to the market and the concept of open banking that matures very fast, becomes germane for digital transformation. Here at Salt Edge we are excited to collaborate with Five Degrees to promote the adoption of open banking movement, so more and more businesses could benefit from countless opportunities that emerge in the financial market”.
About Salte 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 5,000+ financial institutions in 50+ countries.
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