Salt Edge has recently partnered with Tuum and LHV Bank to accelerate development through secure Open Banking solutions. This strategic alliance aims to enhance service security and efficiency for LHV Bank, leveraging Tuum’s core capabilities alongside Salt Edge’s Open Banking Compliance solution.Tuum’s expertise in partnership with Salt Edge is set to support LHV Bank in the UK market by managing all core banking operations while ensuring compliance with stringent regulatory requirements. This initiative will streamline financial services and enable seamless access to a wide range of Open Banking features.

Optimizing Integration and Compliance

The collaboration between Salt Edge, Tuum, and LHV Bank also focuses on optimizing the way European financial institutions access and integrate these features securely. By choosing Salt Edge’s Open Banking Compliance product, which integrates with their banking core, LHV Bank can leverage a robust TPP verification system and comprehensive compliance coverage to concentrate on developing optimized banking products.

Additionally, the integration of Salt Edge’s compliance capabilities with Tuum’s API-first, modular core will create a future-ready foundation. This setup is designed to help LHV Bank grow rapidly, scale confidently, and deliver an enhanced experience for both fintech partners and end customers. Both parties will continue to prioritize regulatory compliance as they meet evolving market demands.