Curve partners with Salt Edge for open banking compliance
26th October 2022
Curve, the financial app which empowers customers to understand and master their finances by combining all debit, credit, and loyalty cards into one has partnered with Salt Edge, a leader in open banking. The compliance and regulatory partnership with Salt Edge will enable the app’s millions of users across Europe to continue to access the benefits of open banking.
The super app Curve is on a global mission to give customers financial freedom by simplifying and unifying how they spend, send, see and save money. This partnership with Salt Edge will enable Curve to continue to meet the highest regulatory standards at all times as it brings new payment technologies to its customers.
Curve set out to find a partner to help them meet open banking compliance and regulatory requirements of both the European Banking Authority (EBA) and the Bank of Lithuania (BoL). To achieve this, Curve is working with Salt Edge, a trusted provider that has a strong track record of supporting financial services providers in this area.
“Curve strives to uphold the highest standards of regulatory compliance. This partnership with Salt Edge is the latest step in ensuring that we continue to fulfill our obligations under the PSD2 regulation. Salt Edge has brought together an industry-leading team in this area with a strong reputation for best-in-class service. We are delighted to be working with them as part of this collaboration.” Mantas Šlepetys, Head of Curve Europe at Curve
Salt Edge’s PSD2 solution makes the customer journey seamless by eliminating the friction between stakeholders. The solution includes a set of APIs, a TPP access verification system, a strong customer authentication app, a consent management system, and more.
“We were excited that Curve, a super app that successfully empowers 4 million users to manage their finances smarter, chose us as their partner when they were looking for a future-proof and quick way of leveraging the PSD2 capabilities. The goal of our collaboration was to ensure full PSD2 compliance while Curve can truly embrace the open banking potential for their customers.” Ilia Dragan, Chief Product Officer at Salt Edge
Curve is the money super app enabling financial freedom by simplifying and unifying the way we spend, send, see and save money. Launched in 2018, Curve now has approximately 4 million customers in over 30 markets across the UK, European Economic Area (EEA), and the USA. Find out more about Curve here.
About Salt Edge
Salt Edge – a financial API platform with PSD2 and open banking solutions for every business. 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.