If you're looking for another Salt Edge alternative, Flinks is worth a look. Flinks offers a financial data infrastructure that securely connects to customers' bank accounts and converts raw transaction data into meaningful insights. It includes Connect for secure access, Enrich for credit decisioning and user experiences, and Outbound for a powerful open banking program. The platform is designed for companies in lending, digital banking, payments, fintech and wealth management, helping them automate underwriting, speed onboarding and build new financial products.
Another good alternative is MX, which offers a platform that securely connects and verifies financial data, enriches it with context and lets businesses build personalized financial experiences. With more than 13,000 connections to financial institutions and fintechs, MX handles more than 170 billion transactions per day. It's used in a range of use cases including account opening, customer intelligence, digital banking and financial wellness, with security and compliance built in through permission-based and secure data sharing.
If you're looking for an identity data orchestration solution, check out Alloy. Alloy automates onboarding, fraud and AML monitoring and credit underwriting so financial institutions can offer products more quickly and securely. It includes continuous monitoring, fraud prevention and compliance management, and access to a network of more than 200 data sources across 195 markets. The platform is designed to be easy to use and adheres to high data protection standards, making it a good choice for financial product development and embedded finance.
Last, Plaid offers a data network and payments platform that securely connects users' financial data to a broad range of apps and services. It offers features like payment initiation, real-time balance verification and identity verification. Plaid has a range of financial use cases through its global coverage in Europe and North America, and offers a free plan with live API calls, so it's a good all-purpose and widely used alternative.