Tradu Partners with Salt Edge for Enhanced Security and PSD2 Compliance

Tradu, a London-based multi-asset trading platform for active traders and investors, has announced a partnership with Salt Edge, a global provider of open banking solutions. The collaboration aims to strengthen Tradu's security infrastructure, ensure seamless PSD2 compliance, and enhance the user experience for its growing European customer base.

With a stated mission to simplify sophisticated trading, Tradu offers access to thousands of tradable assets, including equities, commodities, forex, treasuries, and indices. Full compliance with open banking regulations across the UK and EU markets is highlighted as a key part of this objective. Tomasz Stupnicki, Product Director and Founding Employee at Tradu, commented, "Security and compliance are at the core of our financial services. Our collaboration with Salt Edge enhances user trust, ensuring a seamless and protected financial experience."

The partnership is intended to enable Tradu to address challenges in the financial sector such as regulatory compliance, fraud prevention, and user authentication, particularly in light of PSD2 regulations. Salt Edge's open banking compliance solution is designed to help Tradu achieve full PSD2 alignment with minimal internal development, streamline user authentication using secure, SCA-ready flows, and prevent fraud while maintaining a frictionless customer experience. It also provides access to optional services like the MCI exemption and a custom TPP portal. Dan Martalog, Senior Open Banking Solutions Expert at Salt Edge, emphasized the importance of such collaborations, stating, "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." He added that by providing seamless SCA and compliance tools, Salt Edge aims to help Tradu focus on delivering a trustworthy and efficient trading experience to its users.

In addition to compliance and authentication services, Tradu is reportedly in the final stages of adopting Salt Edge's Open Banking Gateway for Payment Initiation Services (PIS). This feature will allow Tradu users to fund accounts directly from their bank accounts in both the UK and EU, aiming to provide a fast, secure, and low-friction funding experience. As Tradu prepares to expand its wallet services across Europe, the partnership is expected to support connections to over 500 financial institutions across more than 20 countries, simplifying both integration and compliance efforts.