LONDEN–(BUSINESS WIRE)– Het volgende is een verklaring over de veiligheid van open banking van Salt Edge – een pionier in het leveren van open banking-oplossingen.

Open banking is letterlijk het openen van de toegang tot gegevens die ooit ontoegankelijk waren. Aangezien er geen krachtige informatiecampagnes waren over de voordelen van open bankieren en de veiligheid die het biedt aan eindgebruikers, begrijpen mensen niet helemaal hoe veilig het voor hen is om toegang tot hun rekeningen te openen om te genieten van de nuttige diensten die worden geleverd door derden. Dmitrii Barbasura, CEO en medeoprichter van Salt Edge, deelt zijn mening over de voordelen en het werkelijke veiligheidsniveau voor eindgebruikers bij het gebruik van open banking.

Salt Edge Takes a Firm Stand on Data Security in Open Banking

LONDON–(BUSINESS WIRE)– The following is a statement on open banking’s safety from Salt Edge – a pioneer in providing open banking solutions.

Open banking is literally opening up the access to data that once used to be inaccessible. Since there were no powerful informational campaigns on the perks of open banking and the security it provides to end-users, people aren’t fully understanding how safe it is for them to open-up access to their accounts for enjoying the useful services provided by third-parties. Dmitrii Barbasura, Salt Edge CEO and Co-founder, shares his thoughts on the advantages and the real level of safety for end-users when using open banking.

“Open banking isn’t a new phenomenon. There’ve been similar services based on data sharing up until now. The difference is that it is safer than ever now, under open banking regulations”, says Dmitrii Barbasura.

“The number 1 rule for third-party providers refers to data security. Being accepted to the open banking framework is challenging: every party must implement and prove the existence of the utmost standards of physical security, software tools, and security policies.”

Here are a few reasons why open banking is safe:

• It uses application programming interfaces (APIs) to deliver fast and secure data transfer or to safely initiate payments.
• Account access happens only upon user’s explicit consent.
• Users have full control over the process due to SCA.

“We at Salt Edge have a very strong security awareness culture within the organisation. An ever-expanding number of leading FinTechs, banks, and other financial institutions trust us to deliver Account Information, Payment Initiation, PSD2 Compliance solutions, and others. For us, open banking participants, getting data protection wrong brings commercial, reputational, regulatory, and legal penalties. Getting it right brings rewards in terms of client trust and confidence.” concludes Dmitrii Barbasura.

Read the full article on why open banking is safe on https://blog.saltedge.com/data-security-in-open-banking/.

About Salt Edge

Salt Edge, a financial API platform with PSD2 and open banking solutions integrated with 5000+ financial institutions in 50+ countries, focuses on 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, AISP-licensed under PSD2, it employs the highest security standards.

More information: www.saltedge.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20211109005196/en/

Contacts

Adriana Arnaut

press@saltedge.com