Ebury Partners with Salt Edge to Enhance Open Banking Services
Ebury has partnered with Salt Edge to enhance open banking services and streamline financial processes. This alliance aims to improve Ebury’s services, making them more accessible and beneficial to clients in the UK and EU.
Expanding Horizons with Innovative Technology
Founded in 2009, Ebury has consistently advanced financial technology. The company is known for its secure, end-to-end payment infrastructure, which supports a diverse range of international payments, foreign exchange (FX), and lending solutions. Ebury aims to democratize global trade by making international transactions easier for businesses of all sizes. With this new collaboration, Ebury will expand its reach even further.
Integrating Open Banking for Enhanced Client Experience
The collaboration between Ebury and Salt Edge focuses on integrating Salt Edge’s EU and UK PSD2 APIs into Ebury’s platform. This integration will enable Ebury’s account holders to seamlessly access a broad network of accounting, Enterprise Resource Planning (ERP), and Treasury Management platforms. By leveraging Salt Edge’s open banking expertise, Ebury aims to simplify and automate reconciliation processes for its clients.
Moreover, this partnership will increase Ebury’s visibility among financial service providers in Europe and the UK. Ebury clients will benefit from the added convenience of open banking, which streamlines financial operations and reduces administrative burdens.
Expert Insights on the Collaboration
Toby Young, Group Technology Director at Ebury, expressed enthusiasm about the partnership, stating, “Ebury is excited to be working with Salt Edge to extend the benefits of open banking to our UK and EU customers. Our goal is to connect companies globally and optimize international trade. This collaboration will simplify reconciliation processes, allowing our clients to focus on business growth.”
On the other hand, Bodrug Virgiliu, Open Banking Solutions Expert at Salt Edge, highlighted the significance of the partnership. Additionally, he emphasized how this collaboration will advance open banking solutions and benefit clients across various markets. “Salt Edge is thrilled to support Ebury’s commitment to streamlining cross-border trade for SMEs and businesses. By incorporating Ebury’s PSD2 API into our network, we enable their clients to securely and seamlessly share account information, eliminating regulatory complexities. This collaboration underscores our shared dedication to delivering innovative and comprehensive financial solutions.”
Looking Ahead
This partnership represents a major leap forward in the evolution of financial services. By combining Ebury’s robust technology with Salt Edge’s open banking capabilities, both companies will provide enhanced value to their clients. As the global trade landscape continues to evolve, this collaboration stands as a testament to their commitment to innovation and customer-centric solutions.