Providing a common API for third parties to connect to banks is a win-win solution. Financial institutions don’t have to build their own API and third parties have access to all the financial institutions that have implemented your API.
However, providing an API alone is not enough to provide your customers with PSD2 regulatory compliance. Simply integrate the Konsentus solution to provide Third-Party Provider identity and regulatory checking services on behalf of your customers.
Our cloud-based Software as a Service (SaaS) solution consolidates data from a multitude of regulatory databases and registers. We provide this to you in real-time enabling you to validate the identity and regulatory status of TPPs before passing their request for data or payment initiation through to your customers.
Available through simple cloud-based RESTful APIs, our easy to implement service helps you ensure your customers only ever give end user data to legitimate and regulated Third-Party Providers (TPPs), helping them reduce risk, limit liability and fight fraud.
We provide you with easy access to our sandbox and technical team to support you through development, integration and testing.
From sandbox to go-live in less than a week, our service is easy to deploy
We remove complexity for real bottom-line benefits
We reduce the risk of fraud and warrant the data we supply
Regulatory data no more than an hour old
A single API means no need to integrate separately with multiple registers
Cloud-based architecture for scalability & availability, 24/7
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.
