Konsentus has responded to this by launching its new dedicated eIDAS checking service. Designed for ASPSPs in the UK using the UK Open Banking Standard, it enables them to comply with the FCA requirement of being able to check eIDAS certificates of any TPP who is not registered, or does not intend to register, on the Open Banking Directory.
About Konsentus: Konsentus is a RegTech company that was established to provide Identity & Regulatory checking services to Financial Institutions so that they can comply with PSD2 and open banking. Issued through a SaaS based platform it enables Financial Institutions (ASPSPs) to comply with EU regulation on PSD2 Open Banking 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 customers’ “explicit” consent to use their data.
Headquartered in the UK, Konsentus is creating a world class solution for every Financial Institution in Europe. They are delivering this through utilising the best in open standards, coupled with unique solutions and most of all a belief that they can deliver for clients a cost-effective solution to their regulatory requirements.