Konsentus, a RegTech company was launched today by three payment industry veterans:
Konsentus, a RegTech company which only launched two weeks ago has hit the ground running. In its first two weeks it has signed Heads of Terms with both a leading Gaming Ewallet Provider, Neosurf and the leading Children’s pocket money card goHenry.
Both companies are highly respected in their own markets and the agreements are testament to the strong SaaS solution being created by Konsentus allowing FI’s to meet their PSD2 open banking requirements.
In addition, Konsentus has partnered with W2, the leading online KYC data aggregator and GPS, the global processor. W2 will enable their clients to access the Konsentus platform through the existing API integration.
Mike Woods, CEO of Konsentus commenting said; “Two clients in two weeks is a great start along with partnerships with W2 and GPS. We always believed that there was a strong demand for the Saas solution we are offering and the reaction from the market has been very positive as currently it is a totally unique offering. FIs are starting to plan how to meet PSD2 open banking requirements and the Konsentus simple API solution to manage the consent and preference management does just that, saving them time, money and regulatory hassles.”
Konsentus issue the consent management tokens on behalf of financial institutions through a SaaS platform, enabling the FIs to comply with EU regulation and provide open banking services to their customers, confident in the knowledge that they are only providing data to Third Party Providers (TPPs) who are regulated, and have the customers “explicit” consent to use their data.
Konsentus is a RegTech company that was established to provide consent & preference management services to financial institutions so that they can comply with PSD2 and open banking. Konsentus issue the consent management tokens on behalf of financial institutions through a SaaS platform, enabling them to comply with EU regulation and provide open banking services to their customers, confident in the knowledge that they are only providing data to Third Party Providers (TPPs) who are regulated, and have the customers “explicit” consent to use their data.
The company was founded by three Financial Service industry veterans seeking to deliver a simple and easy way FIs can comply with the new PSD2 regulations for open access.
Headquartered in the UK, just outside of London our team of professionals are creating a world class solution for every FI in Europe. We are delivering this through utilizing the best in open standards, coupled with unique solutions and most of all a belief that we can deliver for clients a cost-effective solution to their regulatory requirements.