London-based trading platform Tradu has formed a partnership
with Salt Edge, a provider of open banking solutions. The collaboration aims to
support Tradu’s security infrastructure, ensure PSD2 compliance, and improve
the user experience for its European customers.
According to the firms, retail traders using Tradu will
experience improved security and more efficient authentication processes. The
partnership is expected to reduce delays and issues related to account funding
and trading activities by addressing compliance and fraud prevention.
Tradu Uses Salt Edge for Compliance
“Secure and compliant access to financial data is no longer
optional; it’s essential. Collaborations like the one between Salt Edge and
Tradu are crucial for enabling innovative platforms to scale confidently while
meeting strict PSD2 requirements,” Dan Martalog, Senior Open Banking Solutions
Expert at Salt Edge commented.
Tradu offers access to various assets, including equities ,
commodities, forex, treasuries, and indices. Compliance with open banking
regulations in the UK and EU is a key requirement for the platform.
Salt Edge provides a full-stack open banking compliance
solution. This enables Tradu to meet PSD2 requirements with minimal internal
development. The solution also supports secure user authentication with strong
customer authentication flows and helps prevent fraud while maintaining
ease of use.
Additional features include optional services such as the
MCI exemption and a customizable third-party provider portal.
“By providing seamless SCA and compliance tools, we’re
helping Tradu focus on what matters most: delivering a trustworthy and
efficient trading experience to its users,” Martalog added.
You may find it interesting at FinanceMagnates.com: Tradu
Partners with Data Intellect for Platform Launch After TradingView Deal.
Salt Edge Enables Direct Account Funding
Tradu is also finalizing the integration of Salt Edge’s Open
Banking Gateway for Payment Initiation Services. This will allow users to
fund their accounts directly from bank accounts in the UK and EU, offering a
faster and more secure deposit process.
As Tradu plans to expand wallet services across Europe, the
partnership will support connections to over 500 financial institutions in more
than 20 countries. This is expected to simplify integration and compliance
tasks.
London-based trading platform Tradu has formed a partnership
with Salt Edge, a provider of open banking solutions. The collaboration aims to
support Tradu’s security infrastructure, ensure PSD2 compliance, and improve
the user experience for its European customers.
According to the firms, retail traders using Tradu will
experience improved security and more efficient authentication processes. The
partnership is expected to reduce delays and issues related to account funding
and trading activities by addressing compliance and fraud prevention.
Tradu Uses Salt Edge for Compliance
“Secure and compliant access to financial data is no longer
optional; it’s essential. Collaborations like the one between Salt Edge and
Tradu are crucial for enabling innovative platforms to scale confidently while
meeting strict PSD2 requirements,” Dan Martalog, Senior Open Banking Solutions
Expert at Salt Edge commented.
Tradu offers access to various assets, including equities ,
commodities, forex, treasuries, and indices. Compliance with open banking
regulations in the UK and EU is a key requirement for the platform.
Salt Edge provides a full-stack open banking compliance
solution. This enables Tradu to meet PSD2 requirements with minimal internal
development. The solution also supports secure user authentication with strong
customer authentication flows and helps prevent fraud while maintaining
ease of use.
Additional features include optional services such as the
MCI exemption and a customizable third-party provider portal.
“By providing seamless SCA and compliance tools, we’re
helping Tradu focus on what matters most: delivering a trustworthy and
efficient trading experience to its users,” Martalog added.
You may find it interesting at FinanceMagnates.com: Tradu
Partners with Data Intellect for Platform Launch After TradingView Deal.
Salt Edge Enables Direct Account Funding
Tradu is also finalizing the integration of Salt Edge’s Open
Banking Gateway for Payment Initiation Services. This will allow users to
fund their accounts directly from bank accounts in the UK and EU, offering a
faster and more secure deposit process.
As Tradu plans to expand wallet services across Europe, the
partnership will support connections to over 500 financial institutions in more
than 20 countries. This is expected to simplify integration and compliance
tasks.
This post is originally published on FINANCEMAGNATES.
