Are they who they say they are?
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.
This is where Konsentus comes in
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.