Ben Goldin, Mambu’s Chief Product and Technology Officer

SaaS solutions provider, Mambu has collaborated with American fintech Salt Edge, with an aim to provide an enhanced open banking solution to its end-customers.

Ben Goldin, Mambu’s Chief Product and Technology Officer, “Mambu continuously works to bring best-of-service partners to our ecosystem marketplace to help in composing innovative financial services architectures. We chose Salt Edge, as they are a leader in open banking and are a good match in their service approach and company culture. Salt Edge’s capabilities go beyond a single region or standard, which complements a good global presence,” said Goldin.

According to the supplier, the partnership is expected to make the solution available to Mambu’s account servicing payment service providers (ASPSPs). Salt Edge’s solution provides ASPSPs with a PSD2 channel for TPP communication for both account information and payment initiation purposes. The solution comes with a set of dashboards for the ASPSP and TPPs, sandbox, detailed documentation for seamless TPP testing, TPP verification system, and more.

“At Salt Edge, our vision is to transform the way financial institutions interact with each other under the aegis of the PSD2 and other open banking initiatives,” commented Dmitrii Barbasura, CEO of Salt Edge. “One of our main specializations is building open banking APIs for interoperability between banks, payment service providers, and end-customers. With more than 60 recently launched PSD2 API sandboxes, Salt Edge has extensive expertise in the PSD2 and RTS requirements imposed upon ASPSPs and we are happy to help Mambu’s clients become fully PSD2 compliant in no time.”

by Megha Bhattacharya
Market Analyst at IBS Intelligence
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