A brand new partnership has been introduced between RiseUp, the AI-driven monetary insights instrument, and Salt Edge, the worldwide open banking platform, as the previous seems to bridge the hole between monetary insights and funds.
Merely integrating open banking isn’t sufficient. Organisations that utilise the tech should differentiate themselves by creating worth from the info they acquire. By partnering with Salt Edge, RiseUp is doing simply that. UK companies will obtain a richer monetary expertise and a deeper understanding of their clients’ monetary behaviours. The combination will see RiseUp simplify cash administration by means of the mix of AI-driven insights, good behavioural know-how, and real-time knowledge evaluation.
By combining RiseUp’s behavioural intelligence and AI-powered insights with Salt Edge’s safe, open banking-compliant platform, the partnership permits companies to maneuver from knowledge aggregation to significant buyer engagement. This allows monetary establishments to determine key monetary moments higher and assist customers take motion, whether or not it’s saving, lending, or constructing long-term monetary well-being.
Stephen Winyard, chief gross sales officer at Salt Edge, stated: “We’re thrilled to be partnering with RiseUp to deliver a better, extra related monetary expertise to UK customers. By integrating Salt Edge’s sturdy open banking infrastructure, we’re serving to to make monetary administration extra intuitive, personalised, and safe.
“Our complete suite of providers, together with AIS and PIS, ensures that RiseUp can supply seamless entry to real-time monetary knowledge and allow frictionless funds, all whereas sustaining the very best ranges of compliance and safety. Collectively, we’re enabling companies to ship smarter monetary options and making a extra related, actionable expertise that drives higher monetary outcomes for customers.”
Utilising open banking at RiseUp
Based in 2017, RiseUp harnesses open banking and AI to ship smarter monetary experiences that drive progress and enhance KPIs for monetary establishments and fintechs. Salt Edge brings experience in safe financial institution connectivity, providing regulated entry to account data providers (AIS) and fee initiation providers (PIS) throughout 1000’s of economic establishments in over 50 nations.
This partnership empowers companies to unlock new worth by turning monetary knowledge into personalised experiences that interact customers and speed up innovation.
It represents a step change in how monetary establishments can join insights to motion, enabling real-time, personalised nudges and seamless fee journeys that assist customers construct lasting monetary wellbeing.
Yuval Samet, CEO and co-founder of RiseUp, stated: “Open banking has given us unprecedented entry to monetary knowledge, however the true worth lies in remodeling that knowledge into significant motion. Our partnership with Salt Edge allows precisely that, combining their trusted infrastructure with RiseUp’s AI on prime, to assist monetary establishments determine key monetary moments and drive actual buyer engagement.
“Collectively, we’re shifting past knowledge aggregation to unlock actual progress and empower individuals to make smarter, extra assured monetary choices.”
