ndgit and Konsentus have announced a strategic partnership that will help improve Open Banking security across Europe, protecting banks from potential fraud.
Already used by 25 European banks, ndgit’s PSD2 software can now be combined with Konsentus’ additional security functions, enabling a TPP’s identity and regulatory status to be checked in real time against the 31 EEA National Competent Authorities databases (comprising 115+ registries) and the European Banking Authority registers.
By combining ndgit’s proven PSD2 Ready software and TPP identity and regulatory checking functions from Konsentus, TPPs queries can now be checked instantly against relevant national supervisory authority registers to verify and safeguard transactions and customer data.
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