Curve has partnered with Salt Edge to ensure that its super app complies with the EU Payment Services Directive (PSD2).
Curve, whose super app hosts multiple virtual debt and credit cards, said the partnership will enable its users across Europe to continue to access the benefits of open banking.
Salt Edge is a one-stop shop for open banking that helps banks and other financial institutions with compliance.
Its PSD2 solution, which includes a set of APIs, a third-party provider access verification system, an authentication app and a consent management system, will enable Curve to meet the requirements of PSD2, brought in to make payments more secure in Europe, boost innovation and help banking services adapt to new technologies.
Mantas Šlepetys, head of Curve Europe, commented: “Curve strives to uphold the highest standards of regulatory compliance. This partnership with Salt Edge is the latest step in ensuring that we continue to fulfil our obligations under the PSD2 regulation.”
Commenting on the partnership, Ilia Dragan, chief product officer at Salt Edge, said: “We were excited that Curve chose us as their partner when they were looking for a future-proof and quick way of leveraging the PSD2 capabilities. The goal of our collaboration was to ensure full PSD2 compliance while Curve can truly embrace the open banking potential for their customers.”
Šlepetys added: “Salt Edge has brought together an industry-leading team in this area with a strong reputation for best-in-class service. We are delighted to be working with them as part of this collaboration.”
Launched in 2018, Curve now has approximately 4m customers in more than 30 markets across the UK, European economic area and the US.
Image: Salt Edge