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BankConnector vs Salt Edge Data Aggregation

BankConnector

bankconnector.com

Salt Edge Data Aggregation

saltedge.com

Side by side

FigureBankConnectorSalt Edge Data Aggregation
Price from€100/mo—
Free plan——
Free trialYesYes
Open source——
WebYesYes
WindowsYes—
iOS—Yes
Android—Yes
APIYesYes
Plans published32
Spec score · Bank Connectivity Software8.3 (#6)8.0 (#13)
CoverageThe site lists 308 supported banks in 55 countries.Salt Edge says its open banking data coverage includes Europe, the UK, and beyond.
SecurityThe security page describes per-record AES-256-GCM encryption, tenant isolation enforced with PostgreSQL row-level security, and an append-only, hash-chained audit journal.Salt Edge states that it is ISO 27001 certified and licensed as an AISP under PSD2.
Security certificationsThe company says its OWASP ASVS, ISO 27001, and SOC 2 assessments are internal checklist work, and that ISO 27001 and SOC 2 certification and independent penetration testing are planned, not completed.Salt Edge states that it is ISO 27001 certified and PCI DSS compliant, with certification covering development, management and provision of financial IT services.

Plans

BankConnector

  • Starter€100 a month
  • Growth€250 a month
  • Scale€500 a month

BankConnector pricing →

Salt Edge Data Aggregation

  • Sandbox / Developer trialFree
  • Account Information (Production)Priced on request

Salt Edge Data Aggregation pricing →

In their own words

BankConnector

BankConnector provides bank integration through an API and ready-made ERP add-ons. It accepts payment instructions as canonical JSON, validates them against ISO 20022 schemas, business rules, and bank-specific requirements, then converts them to each bank’s required format. The site lists 308 banks in 55 countries. Supported connection methods include EBICS, SFTP, Danske Bank Webservice, Nordea Corporate Access, OP Webservice, and Bank Connect. It returns payment confirmations and provides incoming transactions and balances daily, or live where a bank supports it. Data includes payment statuses, balances, and daily or intraday statements in formats such as pain.001, camt.053, MT940, normalized JSON, and CSV. A ready-made Uniconta add-on supports paying, approving, and reconciling in the Uniconta Windows client. Sandbox use is free and unlimited, and the first 10 production payments are free with no card or time limit. Monthly plans are 100.00 EUR, 250.00 EUR, and 500.00 EUR, excluding VAT.

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Salt Edge Data Aggregation

Salt Edge Data Aggregation gives businesses access to bank information from more than 5,000 institutions worldwide through one API. It brings account details, balances, transactions, account-holder information, categories, and merchant information together in a unified format. Coverage includes Europe, the UK, and financial institutions in over 50 countries. The service supports personal and business debit, credit, investment, savings, loan, and mortgage accounts, with investment data and transaction enrichment available. Connections can use the Salt Edge Connect widget, a custom interface, Direct API, OAuth, web login, or a bank API. The widget can carry a customer’s branding. Use cases listed by Salt Edge include financial management, retail banking, lending, accounting and ERP, KYC and AML, and treasury management. Businesses without their own PSD2 licence can use the Partner Program for aggregated data from over 2,500 EU banks. Production pricing is custom and billed per consented end-user; a 90-day trial is listed, and the sandbox/developer trial is free, billed monthly.

Visit saltedge.com