
Basiq
5.4#44 in bank connectivity softwareWebAPI
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| Fact | Basiq | Salt Edge Data Aggregation |
|---|---|---|
| Coverage | Basiq says it supports 136 financial institutions across Australia and New Zealand, covering 99% of the population and all CDR data holders. | Salt Edge says its open banking data coverage includes Europe, the UK, and beyond. |
| Data enrichment | Basiq can enrich transactions with merchant, location, and category details and categorise living expenses into more than 500 categories. | Related enrichment services include transaction categorisation, merchant identification and financial insights reporting. |
| Security | Basiq says data is retained only as long as needed, protected with encryption, and monitored for access and behavioural threats. | Salt Edge states that it is ISO 27001 certified and licensed as an AISP under PSD2. |
You want what its maker publishes above — check its page for the details.
It suits businesses that need to connect customer bank accounts and use aggregated account data in financial or business services. Organizations without their own PSD2 licence can consider the Partner Program for access to aggregated EU bank data.