Find out about the latest industry news and learn more from our subject matter experts.
The FCA has unveiled its plans for the Future Entity - an independent, industry-led body to oversee open banking standards with clear accountability and scope to evolve into open finance. We explore what’s changing, why it matters and how the sector can help shape its next chapter.
This article explores the evolving charging models in open banking and examines where the key to long-term success lies - in striking the right balance between access, sustainability and standardisation.
Colombia has published an Open Finance draft decree that marks a shift from a voluntary model to a mandatory, regulated ecosystem. This white paper breaks down the core elements of the proposed framework – from data access and participant roles to trust infrastructure and regulatory oversight – and explains why Colombia’s approach is being closely watched across Latin America and beyond.
With the EU’s new Instant Payments Regulation fast approaching, the EPC’s Verification of Payee (VoP) scheme is a crucial step toward safeguarding digital transactions—ensuring payee details are verified in real-time to prevent fraud and misdirected payments
Common myths and misconceptions about Verification of Payee (VoP) - and the key facts PSPs need to know to prepare for the October deadline.
With several key deadlines rapidly approaching, this guide outlines the critical dates, milestones and steps PSPs need to take to ensure timely compliance and avoid potential penalties.
Open banking is transforming financial services by enabling consumers to securely share their financial data with third-party providers
Colombia is moving towards making Open Finance mandatory, ushering in a new era of financial accessibility and innovation. The regulation is set to drive competition, enhance financial inclusion and establish a secure data-sharing framework across the industry.
The adoption of open banking and open finance has become a transformative force in the global financial landscape.
Monitor the development and implementation of open banking and Open Finance across the globe.
Konsentus' Q2 2024 Open Banking Tracker reveals continued growth in the EEA with plenty of change at a domestic level.
Konsentus' Q1 2024 Open Banking Tracker reveals growth in cross-border and an increase in TPPs authorised to make payments on an account holder's behalf.
Our Q4 2023 tracker sees a slight rise in overall TPP numbers when compared with halfway through the year.
Open Banking and Open Finance are making their way around the globe, with many countries looking at how financial data can be shared and managed via open APIs. Follow the journey with us through our Open Banking world map.
This quarter we have seen a decline in the overall number of TPPs in both the EEA and UK.
Protect your customers transacting in open ecosystems.