Salt Edge paves the way for businesses to leverage open bank

Salt Edge paves the way for businesses to leverage open banking


Salt Edge paves the way for businesses to leverage open banking
TORONTO, April 27, 2021 /PRNewswire/ --
Salt Edge, leader in developing open banking solutions, recognises that open banking is still not fully understood and appropriately leveraged by many businesses. Considering the businesses' challenges in the COVID-19 era, open banking brings opportunities that may become real game-changers.
According to Dmitrii Barbasura, Salt Edge CEO, open banking solutions can be implemented in simple and accessible ways by any business to save resources, increase profit, and better plan their finances.
"Open banking grants businesses centralised access to their own or their customers' data from any bank in any corner of the world, allowing them to leverage it in many ways. One may build apps around this data, collect it, translate it into financial behaviour insights. Making instant payments directly from the bank account without leaving the app is another PSD2 advantage. All these and more help businesses function better throughout all phases in enhancing revenue," says Barbasura.

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