A2A and Salt Edge join forces to boost open finance in Jordan

By Delisha Fernandes

Salt Edge, an Open Banking solutions provider, has partnered with Access to Arabia (A2A), a banking technology provider, to support Open Finance in Jordan.

This strategic partnership aims to assist local financial institutions in meeting the ambitious regulatory requirements set by CBJ. Together, A2A and the Open Banking provider will bring countless opportunities in Open Banking by harnessing Salt Edge’s extensive global bank connectivity and A2A’s middleware and integration expertise.

Vasile Valcov, Chief Commercial Officer at Salt Edge, said, “ Our partnership with A2A fills us with great excitement and hope as we unite with a seasoned and trustworthy software solutions provider based in Jordan. By joining forces with them, we are inspired to take on new challenges and strive for further regional excellence. Together, we are committed to supporting the Kingdom’s vision of a digital future through Open Banking and unlocking new possibilities for businesses and individuals alike.”

This partnership with Salt Edge positions A2A to guide Jordanian financial institutions in swiftly complying with CBJ’s progressive Open Finance regulations within three months. Furthermore, it offers connectivity to a vast network of over 5,000 global financial institutions. By integrating with other banks’ APIs, Jordanian financial institutions can focus on creating successful use cases, all while leveraging the Open Banking expertise of both A2A and Salt Edge.

Nabil Halaseh, General Manager at A2A, said, “We are excited to partner with Salt Edge to help banks and financial institutions benefit from the power of Open Banking. Salt Edge’s expertise in Open Banking will be invaluable in helping us deliver a solution that is truly tailored to the needs of banks, financial institutions, and their clients.”

FinTech applications, small and medium-sized enterprises, merchants, lenders, and corporations are embracing the potential of Open Banking-powered solutions. A2A and Salt Edge play pivotal roles in Jordan’s digital transformation, ensuring financial institutions stay ahead in the dynamic regional financial industry.