Bankdata, Konsentus partner for TPP identity and regulatory checking

Friday 10 July 2020 10:14 CET | News

IT financial services company Bankdata has selected Konsentus to provide Third Party Provider (TPP) regulatory and checking services to all their customers in Denmark.

PSD2 is an EEA regulation enabling payment users to have better control of and access to their transactional account data by giving regulated third-party providers the ability to initiate payments and access customer account data.

Konsentus Verify is a SaaS-based API solution that provides Financial Institutions with real-time Third-Party Provider (TPP) identity and regulatory checking services.  Konsentus Verify can be integrated alongside existing risk solutions to protect Financial Institutions and their end customers from the risk of Open Banking fraud. Bankdata is a Denmark-based financial IT development house, providing IT solutions for the financial sector.  Owned by nine Danish banks, their owners are also their customers.

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Keywords: BankData, Konsentus, TPP, Identity Check, regulatory check, PSD2, EEA regulation, financial services, Denmark, account data, payments , SaaS, API, financial institutions, Open Banking, open banking fraud
Categories: Banking & Fintech
Countries: Denmark
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Banking & Fintech

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