‘From Concept To Reality: Five Years Of Open Banking’ kicked off this year’s Money 20/20 with Konsentus’ Jim Wadsworth discussing how ‘PSD2 has made a good start in Europe but there’s so much more to be done’.
“Other countries that are transitioning to open finance have generally taken a broader view of open data from the start.” says Brendan Jones, CCO, Konsentus.
Brendan Jones, CCO, Konsentus says “As with any new service, trust is paramount.” Read the full article
The latest version of the map shows that the emphasis is “strongly focused” on markets where regulation is driving the change, Brendan Jones, chief commercial officer at Konsentus said.
Brendan Jones, co-founder and CCO at Konsentus, discusses learnings from the early adopters of Open Banking and the importance of correctly balancing standards, governance, and regulation.
Based on what we’ve learnt from Europe, Brendan Jones, CCO at Konsentus, talks about the new risks and challenges that the US could face on their journey to an open banking ecosystem.
Mike Woods, CEO at Konsentus, talks about how banks interact with TPPs via Open Banking and why there are some regulatory loopholes which come with risks to consumer data.
Konsentus is proud to once again be featured in the Open Future World Open Finance Global Rankings which showcases the organisations, countries, and individuals leading progress in the industry!
Konsentus are featured in this report talking about ‘Open Banking – Risk in the Data Supply Chain’
“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.
