back Back

Salt Edge & Intrasoft to help banks with PSD2 & SCA compliance

By Megha Bhattacharya

August 18, 2020

  • Europe
  • Greece
  • Intrasoft
Share

Salt Edge
Dmitrii Barbasura, CEO at Salt Edge

European IT solutions and services group, Intrasoft has teamed up with open banking solutions provider, Salt Edge in a bid to help banks and e-money institutions with PSD2 and SCA compliance. The IT solutions provider is expected to benefit from the open banking solution provider’s PSD2 compliance toolkit and leverage the company’s Authenticator app to create a secure payment environment.

“We were looking for a solution that would be technologically advanced, easy to use, and operate, while at the same time fulfilling all the required security and compliance standards. Salt Edge solutions are well defined with rich functionality that permit our clients to offer meaningful services to their end customers, maintaining a secure business environment,” said Christos Kontellis, General Manager, Enterprise Solution Business Unit at Intrasoft.

According to the FinTech, Intrasoft will use its PSD2 and SCA compliance solutions for supporting an e-money institution in Greece to become fully compliant with the directive. Intrasoft offers business solutions to institutions, supporting digital transformation and industry-specific initiatives.

“Working with a global leader in IT solutions makes it possible to create a fruitful collaboration diving into countless opportunities powered by open banking technology. Salt Edge offers stable and secure solutions that complement Intrasoft’s business development strategy. We look forward to extending our collaboration by providing Intrasoft access to Salt Edge’s bank connections,” commented Dmitrii Barbasura, CEO at Salt Edge.

Recently, UK-based FinTech HyperJar selected the open banking solutions provider in a bid to achieve PSD2 compliance and develop new open banking capabilities.

Previous Article

August 18, 2020

Nucleus Software’s FinnOne Neo to power the digital transformation of Muthoot Fincorp

Read More
Next Article

August 18, 2020

SpyCloud raises $30 mn in Series C funding to prevent account takeovers

Read More

IBSi Prime News

Embedded Finance

September 24, 2021

Europe

European brands increasingly looking at embedded finance, but barriers still exist

Read More
  • Daily in-depth news analysis
  • Weekly chart curated via IBSi research
  • Exclusive weekly Financial Technology use case
Subscribe to Prime

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

September 24, 2021

The 4 most used apps in Canada revolutionizing the Payments medium

Read More

September 24, 2021

ADIB partners with Spotii to launch UAE’s first virtual BNPL prepaid card

Read More

September 24, 2021

Patch partnered with Ascenda to make banking greener

Read More

Related Reports

Pages

Bank-wide
Core Banking Market Dynamics Report 2021

£2,000 / year

Know More

Pages

Market Reports
US Financial Services Technology Report 2021

£1,500 / year

Know More

Pages

Retail Banking
Core Banking Market Dynamics Report 2021

£2,000 / year

Know More

Pages

Wealth Management
Wealth Management & Private Banking Systems Report 2021

£1,500 / year

Know More

Pages

Wholesale Banking
Treasury and Capital Markets Systems Report 2021

£1,500 / year

Know More