Tradu chooses Salt Edge for PSD2 compliance
Tradu, a London-based multi-asset trading platform designed for active traders and investors, partnered with Salt Edge, a global leader in open banking solutions, to strengthen its security infrastructure, ensure seamless PSD2 compliance, and enhance user experience across its growing European customer base.
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With a mission to make sophisticated trading simple and rewarding, Tradu provides access to thousands of tradable assets, including equities, commodities, forex, treasuries, and indices. A key part of delivering on that objective is full compliance with open banking regulations across the UK and EU markets.
'Security and compliance are at the core of our financial services. Our collaboration with Salt Edge enhances user trust, ensuring a seamless and protected financial experience.'
Tomasz Stupnicki, Product Director and Founding Employee at Tradu
The partnership with Salt Edge enables Tradu to address critical challenges in the financial sector, including regulatory compliance, fraud prevention, and user authentication, particularly in light of PSD2 regulations. Salt Edge's full-stack open banking compliance solution enables Tradu to:
Ensure full PSD2 alignment with minimal internal development effort
Streamline user authentication using secure, SCA-ready flows
Prevent fraud while maintaining a frictionless customer experience
Access optional services like the MCI exemption and a custom TPP portal
'Secure and compliant access to financial data is no longer optional; it's essential. Collaborations like the one between Salt Edge and Tradu are crucial for enabling innovative platforms to scale confidently while meeting strict PSD2 requirements. By providing seamless SCA and compliance tools, we're helping Tradu focus on what matters most: delivering a trustworthy and efficient trading experience to its users.'
Dan Martalog, Senior Open Banking Solutions Expert at Salt Edge
Future focus: Unlocking Open Banking-powered payments
In addition to compliance and authentication services, Tradu is now in the final stages of adopting Salt Edge's Open Banking Gateway for Payment Initiation Services (PIS). This will allow Tradu users to top up accounts directly from their bank accounts in both the UK and EU, delivering a fast, secure, low-friction funding experience.
As Tradu prepares to expand its wallet services across Europe, the partnership will support connections to over 500 financial institutions across more than 20 countries, simplifying both integration and compliance efforts
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