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.
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.
Konsentus CCO, Brendan Jones, explores how the transformative potential of open banking can be enabled through the UK’s recently published National Payments Vision.
Financial Crime Trends Revealed
The role of trust frameworks in enabling an open finance ecosystem
Konsentus’ European trusted data, Konsentus Verify, can now be accessed through an online portal, via a real-time API or a downloadable cache
In September 2021, former Minister of Finance, Rodrigo Cerda, presented a draft of the ‘Fintech Law’ to Congress. Earlier this month the CMF issued the regulation that would govern the Open Finance System (OFS) in Chile. We take a look at what it’s taken to get to this point and how to make a success of open finance in Chile.
Protect your customers transacting in open ecosystems.
