Intelligent Bank of the Future

Salt Edge is helping banks all over the

world to personalize digital customer

experience - from Traditional Bank to

an Intelligent Bank

About Salt Edge

COUNTRIES CLIENTS TRANSACTIONSCUSTOMERS

56 74 2,500 130 Million

Business Finance

Management

Fentury

PrioraSpectre

Salt Edge Platform

PersonalFinance

Management

Personalized Offers & Targeted

Campaigns

Payments & Transfers

Data Enrichment

Data Aggregation

Identity Management &

Value Added APIs

PSD2 Ready Solution

Digital Banking is disrupted by FinTech

McKinsey Global Retail Banking, 2015

“60% of profit and 40% of revenue could disappear by 2025”

For each traditional banking product there

are on average 5 startups that are offering

even more advanced services.

With PSD2 any challenger bank and

non-bank entrant will be able to provide

payments and show all financial accounts

from multiple banks in a single app using

AISP and PISP APIs. Customers won’t need

to use banking apps anymore, putting

banks at risk of becoming a back-end

service supplier.

FinTech puts the banking-customer relation at Risk

Source: cbinsights

In order to remain competitive, banks need to create and offer real value to their customers. Fentury

helps banks revolutionize the way customers see digital banking, personalizing their experience and

offering view of their financial life. The solution combines the best of both worlds: basic banking

functions and advanced advising tools to provide the best user experience.

Salt Edge White Label Banking Solution

I. Basic Banking

1. Digital Identification(face & voice recognition, passcode, fingerprint, etc.)

2. Account Opening and Management

3. Payments(from Your bank, as well as other banks using PISP)

4. View all accounts(from multiple financial institutions AISP)

II. Finance Management

1. Personal Finance Management tools(merchant identification, categorization, reporting)

2. Financial Planning tools(saving goals, scheduled payments, budgeting)

3. Advising & Notifications(in app chatbot, direct communication with bank)

III. Analytical Platform

1. Customer portfolio(types of accounts, services, usage, etc.)

2. Targeted offers based on the end-customer’s activity(grouped by spendings, monthly income, geolocation, age range, etc)

3. Integration with CRM, ticketing systems, and other data sources

White Label Banking Solution

Basic Banking: Account Opening and ManagementFast connection to core banking, digital identification, and partnerships with other vendors - all of this enables the end-customer to open any type of bank account without the need to be physically present in the branch, minimizing the bank's operational costs. The enrollment process takes place using face & voice recognition in just a couple of minutes.

● Fast account opening:○ Current account○ Debit/Credit cards○ Savings and other accounts

● Apply for:○ Loans○ Mortgage○ Insurance, etc.

Become a "One-stop shop" for your

customers. Give them the possibility to

manage money and see account details from

other financial institutions besides yours, all of

that using a single app - Your App.

The White Label comes with a pre-integrated

PSD2 ready solution. We provide the

infrastructure for both PISP and AISP APIs,

which are necessary for any EU banks, as well

as connections to other financial institutions'

AISP and PISP APIs.

Basic Banking: PSD2 Ready Solution

Basic Banking: Payments

Linked to Your Bank or competi-bank accounts, the solution will be able to make split-second, seamless, and secure payments to different merchants.

Having identified merchants in the system, enables your Bank to provide customers with merchant scoring. By using our PSD2 ready Solution, the bank has an additional firewall against any other third party, minimizing risk fraud and eliminating the possibility of mass breaches.

✓ Make Payments ○ QR-code/NFC○ Transfer Funds between own Accounts○ Make National and International Transfers○ Pay Business Invoices

✓ Request Money

✓ Exchange Currency

Using the Spectre API data aggregation platform, which by

itself represents an AISP, you get access to 2500+ connected

financial institutions in over 50 countries with a single API call.

Aggregated information consist of:

● Account type: current account, savings, checking,

mortgage, loan, insurance, debit/credit cards, bonus,

etc.

● Account information: balance, name, currency

● Transactions history: amount, date, currency,

description, category, etc

● Account holder information: name, email, phone,

address, etc

Basic Banking: Data Aggregation

Finance Management: Clear Data

Spectre API makes looking through transactions a easy

task, with accurate categorization, merchant mapping,

and powerful search capabilities.

✓ Unified Information

✓ Normalized Data

✓ 93% Transaction Categorization Accuracy

✓ Self-Learning Categorization Engine

✓ User-driven re-categorization

✓ Merchant Identification and mapping

✓ Customer Credit Scoring

Help customers improve their financial health by implementing

Fentury's planning tools: from automatically generated

budgets and schedules bills, to timely warnings and

peer-to-peer comparison.

● Provide your customers with monthly automated

budgets based on their spending history

● Offer reminders and warnings to help clients stay within

their budget limits

● Simplify the customers' life by enabling them to see their

spending patterns, based on categories and past

transactions

Finance Management: Planning Tools

Setting up a Saving Goal and striving to achieve it is an

effective way to revitalize your financial health. Help your

customers identify these goals and provide the means for

their achievement.

✓ Offer the possibility to create, customize, and estimate

how long will it take to achieve a goal

✓ Enable the clients to open a dedicated savings account

for their goal. Automate a transfer from their current

account, based on a custom rule which they can set

✓ Let your customer feel in control by showing the goal

progress through the linked account's balance

Finance Management: Saving Goals

Providing customers with information and advice on their finances is a rewarding feeling for all the involved parties, which can help build a habit for financial management as well as build loyalty towards your bank.

✓ Raise customer satisfaction with useful insights to help keep their financial health in check

✓ Drive your customer engagement to new heights by offering day-to-day gamified guidance

✓ Improve customer loyalty with timely based warnings and precautionary actions

✓ Integrate chatbots to use communication channels customers are familiar with and add a personal feeling to your financial advice

Finance Management: Advising Tools

Start getting value from Unused Big Data and give your analytics access to a whole new type of customer info. Based on the data aggregation and finance manager, the bank receives a powerful analytical platform which grants the possibility to create customer profiles and credit ranking (including analysis from other financial institutions):

✓ Customer profiling (demographics, PFM specifics, activity summary, portfolio, etc.)

✓ Customer statistics and activity analysis

✓ Predict when the customer is going to switch products or is looking for a new one

✓ Partners management and different access levels

✓ Integration with ticketing, CRM systems, and other data sources

Analytical Platform

Enable yourself to deliver highly personalized and

relevant offers to your customers, by using the data

received from our analytical platform and putting it

to good use. Create campaigns based on customer

transaction history, finance management

engagement data, demographics and other

customer data.

Customer segmentation based on:

✓ Demographics

✓ Customer Portfolio

✓ PFM spending patterns

Analytical Platform: Targeted Offers

You get use of big data, loyal customers and more efficient channels to communicate and interact with your clients

Customers get a “one-stop-shop” app, from which they can manage all their finances at once, get valuable advice and services they actually need. 1

You as a bank are able to deliver new solutions on demand and be highly competitive on the market3You as a bank have a clear vision and possibility to expand your services together with other partners (both fintech and non-fintech)4

2

What you get at the end: Intelligent Bank

What are the integration steps?

Step 1: Workshop

1.1 Understand your Strategic Options

1.2 Learn about Salt Edge technologies and experiences

Step 2: Prototype

2.1 Salt Edge designs a solution tailored for Your Specific Needs

2.2 Prototype is tested with target audience groups in a feedback loop

Step 3: MVP

3.1 Integration of the product based on the Prototype

3.2 Solution is tested live with early access customer’s groups

Step 4: Going Live

4.1 Trainings for your team by Salt Edge experts

4.2 Full product control transfer to Your Bank

Take your first step towards an Intelligent bank by having a one day workshop with Salt Edge team. Work with our top business development experts, product managers, and UX designers to set the new way for your digital banking product development. We share our expertise to help you win back your customers, reduce risks, and make proven decisions.

The workshop tackles 3 main subjects:

1. Planning - understanding your strategic development options

2. Experience sharing - getting to know Salt Edge’s experience during development

3. Setting next goals - reviewing the possibility of common development, timeline

Start with Innovation Workshop

sales@saltedge.com

www.saltedge.com

Salt Edge Contacts

40 King Street West,

Suite 2100

Toronto, Ontario

M5H3C2, Canada