Konsentus is wholly focused on the creation and operation of open data frameworks across the world.
Our specialist advisory services range from market readiness and strategic approach to pilot delivery and programme management.
Our proven methodology, based on the building blocks necessary for open finance implementation, enables policy objectives and vision to be turned into an operational reality.
Tailored to meet regulatory and market requirements, our award-winning technology supports regulators and central banks by providing trust framework infrastructure so that participants of open finance ecosystems can securely interact with each other.
Headquartered in the UK, we are active in Europe, North America, Latin America, the Middle East, Africa and South East Asia.
We pride ourselves on our ISO 27001 certification and our best-in-class security solutions.
Konsentus was founded in early 2018 to protect financial institutions in Europe from the risk of unauthorised third parties (TPPs) gaining customer account access.
PSD2 Open Banking came into force in Europe in 2019. It mandated financial institutions with online transacting accounts to open them up to regulated third parties as long as prior consent had been given by the account holder. This gave rise to regulated fintechs offering innovative products and services in the market and increased competition.
Our team of highly experienced Payments and Financial Services professionals realised that identifying and validating these new entities at the time of a transaction request would be difficult. It would require consolidating many different data sources and an understanding of the data held within them – complex and costly for individual financial institutions.
That’s why we dedicated all our energy to building a world-class SaaS-based technology solution that could remove this complexity.
We launched Konsentus Verify in 2019 and since then, we’ve been protecting the open banking transactions of our customers throughout Europe so they can concentrate on doing what they do best!
Since the early days of PSD2, open banking has become an operational reality. Innovative use cases are driving consumer adoption and it’s not just a European movement. Open banking and open finance are taking off across the globe.
What was once just about PSD2 compliance has now evolved into questions about how to protect end user data and funds in a much larger ecosystem and enable those participating to transact with confidence.
We’re lucky that our technology has been built for purpose and our customers can easily transition into open finance, open data and beyond.
What hasn’t changed is that trust and security remain key – that’s why they’re engrained in our DNA.
We’re proud of our team of experts and are taking that expertise into international markets to deliver central platforms to jurisdictions that value the delivery of an end-to-end secure and trusted ecosystem.
Our team is made up of highly experienced professionals who understand financial services, payments and RegTech. We hold ourselves to high standards and challenge ourselves every day. Our strong values guide how we treat each other, and our customers and, how we conduct our business.
Are you looking to work with a leading SaaS solution to enable your customers to safely transact in the open banking and open finance ecosystems? Konsentus can help.
Let us enable you to grow safely with safe and secure open ecosystems. An integration with Konsentus is an investment in your future. Contact us today to find out more.
Are you an organisation with customers in the open banking ecosystem looking to work with a leading SaaS solution to enrich your product offering?
Simple to integrate but packed with specialist value, our products fit neatly into your risk and fraud prevention portfolio allowing you to deliver a holistic proposition to your customers wrapped into your established customer journey and experience.
Our world-class technology solutions continue to lead the way.
Open Banking Expo Awards: Winner (2023)
Juniper Research Awards: Winner (2022)
The Card & Payment Awards: Finalist (2022)
Konsentus is proud to be recognised, trusted and supported by industry leaders in Open Ecosystems around the world.
We hold ourselves to high security standards and operate our Information Security Management System in compliance with ISO 27001 Certification.
