Open banking firm Salt Edge will partner with RiseUP, a “financial insight provider.”
According to a company statement, the collaboration will enable RiseUp to leverage financial data and enhance revenue. UK businesses will see Salt Edge’s services integrated into the RiseUp platform, which aims to improve money management by leveraging AI and real-time data analysis.
The two companies explain that by combining RiseUp’s behavioural intelligence and AI-powered insights with Salt Edge’s open banking platform, businesses will be able to move from data aggregation to meaningful customer engagement. Salt Edge brings bank connectivity, offering regulated access to Account Information Services (AIS) and Payment Initiation Services (PIS) across thousands of financial institutions in over 50 countries.
Founded in 2017, RiseUp harnesses open banking and AI to improve performance for financial institutions and Fintechs.
Yuval Samet, CEO and co-founder of RiseUp, said, “Open banking has given us unprecedented access to financial data, but the true value lies in transforming that data into meaningful action.”
“Together, we’re enabling businesses to deliver smarter financial solutions and creating a more connected, actionable experience that drives better financial outcomes for consumers,” said Salt Edge Chief Sales Officer Stephen Winyard.
