Konsentus Verify, an Open Banking fraud and risk management service, is ready to support Open Finance. The company has responded against a backdrop of increasing risk and fraud concerns, brought about by the expanding Open Data economy, to enable Konsentus Verify to validate Open Finance participants – both regulated and non-regulated organisations.
In addition to checking EU and UK regulated payment service providers, Konsentus Verify can validate data from Open Finance schemes, premium (API) schemes, and trusted organisations.
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