Tradu will allow direct funding from bank accounts via Salt Edge’s Payment Initiation Services.
The partnership provides connections to more than 500 financial institutions across over 20 EU countries.
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
Dan Martalog, Senior Open Banking Solutions Expert at Salt Edge, Source: LinkedIn
“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.
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.
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
Dan Martalog, Senior Open Banking Solutions Expert at Salt Edge, Source: LinkedIn
“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.
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.
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.
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023.
At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London.
Education:
Honours degree Information Technology, Anfell College, London
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