AMLYZE, a leading RegTech company specializing in anti-financial crime solutions for FinTechs, neo-banks and crypto businesses, is excited to announce its strategic collaboration with Salt Edge, a leading open banking platform.
This commercial partnership aims to enhance AMLYZE and Salt Edge’s client offering by leveraging both companies’ expertise in anti-money laundering (AML), open banking and PSD2 solutions.
The collaboration is the first of its kind for the companies and it will provide clients with a combined approach to PSD2 compliance and AML/CFT services.
As the financial sector continues to evolve, regulatory compliance remains a top priority for businesses worldwide. With a team of regulatory insiders, AMLYZE has been at the forefront of developing innovative and empowering AML/CFT solutions to help organizations effectively combat financial crime. Through this partnership, both companies can leverage each other’s established market presence and strengthen their position in this industry.
Open banking transforms the financial sector by enabling secure and controlled access to bank data and empowers businesses and individuals to make informed decisions. Salt Edge has established itself as a trusted provider of both open banking and PSD2 compliance solutions, and secure and seamless connectivity to 5,000+ financial institutions across the globe.
The partnership between these two companies brings significant benefits to their respective clients. Financial institutions, including banks, fintechs, crypto companies and payment service providers, will benefit from the RegTech’s cutting-edge AML software solutions, combined with the extensive reach and expertise of Salt Edge in the open banking and PSD2 space.
This collaboration enables SAAS Company to offer even more comprehensive and innovative AML/CFT solutions to its clients, helping them strengthen their compliance frameworks and effectively mitigate financial risks while also empowering Salt Edge to extend its reach in the market and provide added value to its customers in the open banking ecosystem.
“We are excited about our collaboration with Salt Edge, which brings immense value to our clients,” said Jekaterina Govina, Head of Partnerships & Regulatory Affairs, at AMLYZE. “Through this partnership, we can leverage Salt Edge’s deep knowledge of open banking solutions and their extensive network to further strengthen our market presence. This collaboration also allows us to enhance our AML/CFT software solutions and continue delivering exceptional value to our clients.”
“We are thrilled to partner with AMLYZE to deliver combined comprehensive, open banking and anti-financial crime solutions to the fintech, neo-banks, and crypto communities,” said Maria Rusu, Business Development Manager of the Financial API Platform. “Through this collaboration, more financial institutions can confidently prioritize their business goals while being secure in their regulatory compliance with the latest AML and open banking regulations.”
The Vilnius-based Software-as-a-Service (SaaS) provider offers a suite of anti-financial crime solutions. The company’s comprehensive modules include real-time and retrospective transaction monitoring, customer risk assessment and AML/CFT investigations.
With a team of experts boasting extensive experience in anti-money laundering, financial fraud prevention, and financial market supervision, including notable figures such as Jekaterina Govina, former Head of the Financial Market Supervision Service at the Bank of Lithuania, Mindaugas Petrauskas, former supervisor of the Financial Intelligence Unit (FIU) of Lithuania, and Eglė Kontautaitė, former Head of the Money Laundering Prevention Division at the Bank of Lithuania, the startup delivers cutting-edge technology solutions that streamline AML/CFT and compliance processes to unprecedented levels of efficiency.
About Salt Edge:
Salt Edge is a financial API platform with PSD2 and open banking solutions for every business. The company has two main vectors of activity: enabling third parties to get access to bank channels via a unified gateway and developing the technology necessary for banks to become compliant with the directive’s requirements. ISO 27001 certified and AISP licensed under PSD2, the company employs the highest international security measures to ensure stable and reliable connections between financial institutions and their customers. The company is integrated with 5,000+ financial institutions in 50+ countries. The company has been named a Strong Performer in the The Forrester Wave™: Open Banking Intermediaries, 2023 Report.