FinExtra: Open banking regtech Konsentus closes funding round
Konsentus closes investment round led by Conviction Investment Partners
Identifying Third-Party Providers and their current regulatory status before sharing customer data is essential. Any data breaches could result in brand and reputational damage or regulatory sanctions and fines.
There’s a natural tension between being ‘open’ and being secure.
We deliver confidence in open banking, helping financial institutions to be both open and secure.
Our cloud-based Software as a Service (SaaS) solution consolidates data from a multitude of regulatory databases and registers, providing the information to our customers in real-time enabling them to comply with PSD2 open banking access to accounts. Available through simple RESTful APIs, our easy to implement, real-time TPP checking & validation service helps Financial Institutions reduce risk, limit liability and fight fraud by ensuring data is only ever given to legitimate and regulated Third-Party Providers (TPPs).
We provide easy access to our sandbox and technical team to support our customers through development, integration and testing.
Konsentus closes investment round led by Conviction Investment Partners
15th September 2020. Konsentus agrees with the FCA’s proposed changes to Article 34 of the UK-RTS which would amend the open banking identification requirements (eIDAS certificate) for UK third-party providers (TPPs).
14th October 2020. Register now for a detailed discussion on the Konsentus Q3 TPP Tracker and API projections for selected countries.
Analysis of different open banking adoption rates and how API volumes in selected countries within the EEA could be affected
On completion of this form you will be sharing your personal data with Konsentus Ltd (company number 1115059) (“Konsentus”/”we”/”us”). We will process such information for the purposes of sending you marketing communications and information which we consider may be of interest to you from time to time. This may include sending information by email, or us contacting you by telephone, where relevant details are provided. We rely on our legitimate interests as the lawful basis for processing your data in this way. Under certain circumstances, you have rights under data protection laws in relation to your personal data, including the right to receive a copy of the data we hold about you. You also have the right to opt out of marketing communications at any time by contacting us at insights@konsentus.com. For further information on how Konsentus and its partners will process your data, and your rights in relation to your data, please click here.