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“New technologies are responding to customers’ desire for quick and convenient ways to pay. With the global pandemic driving payments online, businesses have had to adapt to changing consumer needs,” explains Mike Woods, CEO, Konsentus.
Konsentus today announced it has been selected as a Platinum winner for its open banking identity and regulatory checking solution, Konsentus Verify, at the prestigious Juniper Research Future Digital Awards.
The Colombia Market Report provides insights into who is providing open finance services in Colombia, and what those services are.
As we reach three years since the inception of regulated open banking in Europe, it is a good time
to look back at the security issues which have emerged in open banking ecosystems and what
steps are necessary to mitigate these risks. Read the full article in the magazine.
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.
“Banks face genuinely frightening possibilities if they fail to check the identity and regulatory status of TPPs adequately. They are liable for both unauthorised access to data and fraudulent transactions, which could result in reputational damage and significant financial losses.”
Konsentus has issued an urgent warning about the serious risks facing European financial institutions operating in the open banking ecosystem resulting from the increased levels of open banking fraud.
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