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Pannovate teams up with Salt Edge to deliver PSD2 compliance

Friday 3 April 2020 08:30 CET | News

Pannovate, a UK-based payment and digital banking technology company, has partnered up with Salt Edge to enable the latter deliver PSD2 compliance to its clients.

Thus, the partnership helps Salt Edge offer open banking and secure customer authentication solutions to organisations that aim to launch PSD2 compliant banking and payments programmes in the UK and throughout Europe.

Pannovate is a payment technology company, focused on payments, fintech, crypto, and RegTech. The company provides Banking-as-a-Service solutions and app support for banking and payment challengers globally.

This new offering provides a full end-to-end solution from SCA enabled onboarding to TPP verification system and open banking channels, according to the official press release. As security is paramount in Open Banking, Salt Edge SCA Authenticator protects end-customers during the payment process. The TPP verification system will ensure Pannovate clients that only regulated third parties are able to access the open banking channels built by Salt Edge for them.
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Keywords: SCA, PSD2, Open banking, APIs, TPP, partnership, compliance, Pannovate, banking technology, Salt Edge, fintech
Categories: Banking & Fintech | Payments General
Countries: United Kingdom
This article is part of category

Banking & Fintech