Plumery integrates with Salt Edge open banking platform
Plumery, the digital banking experience platform, and Salt Edge, a global leader in open banking solutions, have joined forces to accelerate the launch of next-generation digital banking experiences.
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Through the partnership, Plumery has integrated Salt Edge's open banking gateway, enhancing its digital banking experience platform with real-time access to account aggregation and payment initiation capabilities across thousands of banks worldwide. The integration is available out-of-the-box, helping financial institutions reduce complexity, expedite compliance, and cut time-to-market for open banking-enabled features.
Combining Plumery's developer-friendly, customer-centric platform with Salt Edge's expansive data connectivity and regulatory expertise means banks and other financial institutions can now deliver seamless, secure, and deeply embedded digital banking journeys, without the typical integration overhead.
'At Plumery, we believe in empowering banks to move faster without compromising user experience or compliance,' said Ben Goldin, CEO & Founder of Plumery. 'Our developer-friendly platform has always prioritised the customer experience by allowing banks to constantly enhance their services and respond to market demands at speed.
Now, through our partnership with Salt Edge, we've unlocked a raft of new possibilities for financial institutions to build smart, secure, and frictionless banking experiences with ease, combining their own data with the data customers own across different financial institutions. Together, we're laying the foundation for what digital banking should be - composable, customer-led, and constantly evolving.'
Crucially, the new integration simplifies access to end-users' financial data across all their accounts through a single API. In addition, it provides seamless connectivity to over 2,400 banks across Europe, empowering financial institutions to embed instant payments and transfers within their own apps or platforms so their customers can complete transactions without needing to switch.
Maria Rusu, Business Development Manager at Salt Edge, said, 'Plumery brings a fresh and highly flexible approach to building digital banking journeys. Its composable platform aligns perfectly with Salt Edge's mission to make open banking adoption simple and secure. This collaboration will enable financial institutions to accelerate their open banking and open finance initiatives, empowering them with real-time data access, secure account-to-account payments and compliant future-ready digital services.'
The partnership comes at a decisive moment in global finance as banks feel the pressure of deepening regulatory complexity and rising customer expectations. Europe is set to be the initial focus of the joint venture, where open banking regulation is maturing and demand for embedded finance and personalised digital services is accelerating.
Looking to the future, opportunities for Plumery and Salt Edge include the launch of next-gen personal finance tools powered by aggregated data and support for emerging embedded finance use cases.
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