Dutch heavyweight ING taps Salt Edge for SME open banking solutions
Dutch banking heavyweight ING has partnered with open banking fintech Salt Edge to develop a range of open banking solutions for small and medium-sized enterprises (SMEs).
Salt Edge partners ING
The partnership will see use cases developed for SME segments from various industries, corporates and individual end users.
ING says it chose Salt Edge for its “client-oriented approach” and coverage which will allow the bank to serve all types of clients in its key markets, extending the range of services ING can offer.
Salt Edge claims the widest bank connectivity, comprising more than 5,100 banks worldwide for account information and 2,000 bank API integrations for payment initiation across Europe.
Salt Edge open banking solutions expert and vice president, Erica Virlan, says the growing interest in open banking from financial institutions is “fulfilling”.
The fintech has been busy of late, forging partnerships with Hong Kong-based Shanghai Commercial Bank to ensure PSD2 compliance for its online banking services and financial super-app Curve for a compliance and regulatory partnership in order to bring new payment technologies to Curve users.
