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Salt Edge Inc.
Canada
31 Dec 2013 (11 Years)
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Salt Edge Inc.
Company Information
Get to know Salt Edge Inc.
Connecting banks with businesses has never been easier. Salt Edge, a fintech leader in creating and providing open banking solutions, takes intercommunication and interoperability between banks, third-party service providers, and their end-users to a whole new level. With offices in Toronto, London, Chisinau, Milan, Bucharest, and in continuous expansion, Salt Edge is AISP (account information service provider) licensed under the UK’s FCA. The main vectors we are focusing on are: 1. Open Banking Gateway - allows lenders, accounting softwares, banks to get instant access to all customers’ bank accounts in Europe, APAC, and Americas for account information and/or payment initiation, via one unified API. Salt Edge Open Banking Gateway includes useful data enrichment tools (transaction categorisation, merchant identification, financial insights), which help in conducting a detailed and real-time analysis of the end-users’ financial behaviour, for smarter and faster business decisions; 2. Open Banking and PSD2 Compliance Solution - enables banks and eWallets to become compliant with PSD2 and Open Banking requirements in as little as one month, with minimal resources. To date, Salt Edge offers connections to over 5.000 banks in 50+ countries, bringing comprehensive financial data to more than 1.000.000 end-users monthly. ISO 27001 certified, the company employs the highest international security measures to ensure stable and reliable connections between financial institutions and their customers.
Industry
- Financial BankingPRIMARY
- Financial Other Service
- Technology Software Development
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