Latest news with #DanMartalog
Finextra
27-05-2025
- Business
- Finextra
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. 0 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
Yahoo
19-02-2025
- Business
- Yahoo
Paynet teams up with Salt Edge over PSD2 compliance
Moldova's digital wallet service Paynet has partnered with open banking services provider Salt Edge, to support compliance with the country's payment services directive 2 (PSD2) regulations. Paynet, known for its financial management tools for both businesses and individuals, has developed the Paynet wallet and Paynet Mastercard to simplify financial transactions for users. The wallet allows for various financial activities, including utility bill payments and money transfers. As the February 2025 deadline for complying with Moldova's PSD2 law approached, Paynet sought a partnership to meet these new requirements. In a release, Salt Edge said that its full-stack open banking compliance solution will enable Paynet to conform to Moldova's PSD2 legislation. It provides automated processes for customer consent management, report generation, and support for third party providers (TPPs). This partnership is expected to help Paynet allocate resources efficiently and lower operational costs. Additionally, Salt Edge's security measures are said to mitigate fraud risks. Paynet CEO Calin Gryadchenko said: 'Working together with Salt Edge to implement an open banking solution will elevate our customers' experiences and reinforce Paynet's position as a leading fintech company in Moldova. 'This collaboration underscores our dedication to offering services of outstanding value adapted to the rapidly evolving market demands, marking a significant step forward in our mission to bring innovation to the financial industry.' Salt Edge senior open banking solutions expert Dan Martalog stated: 'We're thrilled to support Paynet in achieving open banking compliance and meeting Moldova's rigorous regulatory deadlines efficiently, all while enabling the company to deliver secure, reliable financial services to its customers.' Last month, Salt Edge partnered with fintech company Square, aimed at streamlining payment operations for sellers in the UK. "Paynet teams up with Salt Edge over PSD2 compliance " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
