Konsentus launches PSD2 Open Banking Third Party Provider (TPP) monthly analysis tracker

Konsentus launches PSD2 Open Banking Third Party Provider (TPP) monthly analysis tracker
22.11.2019 12:56 pm

Konsentus launches PSD2 Open Banking Third Party Provider (TPP) monthly analysis tracker

Open Banking

Konsentus has launched an analysis tracker to monitor the progress of Open Banking across the European Economic Area.

November analysis shows that since the implementation of the PSD2 Regulatory Technical Specification for Strong Customer Authentication and Common Secure Communications, growth of Third-Party Providers across the EEA has steadily increased.

What is evident from the data however is that passporting adds a new dimension. Every country across the EEA now has TPP coverage for the first time. Is the market ready and have Financial Institutions ensured they have the required solutions in place to meet demand?

Mike Woods, CEO Konsentus said “We’ve seen a real shift over the past few months. It now doesn’t matter which country you’re in, all Financial Institutions across the EEA need to be ready to let legitimate TPPs access payment user account data – those that aren’t are putting their customers at risk”.

For the full analysis, visit https://www.konsentus.com/white-papers/konsentus-tpp-analysis-november-2019.

Konsentus will be publishing updated TPP figures monthly. To keep informed, follow @Konsentus or visit https://www.konsentus.com/.

Related News

FICO Partners with OpenWrks to Deliver Affordability Assessments

Global analytics and decision management provider FICO has partnered with OpenWrks – a leading provider of Open Banking... Read more »

Red Hat announces new open banking customer Asiakastieto

Red Hat, Inc., the world's leading provider of open source solutions, today announced that Asiakastieto Group is using Red Hat solutions to... Read more »

Finastra global survey shows appetite for Open Banking picking up pace worldwide

Finastra research reveals that 86% of global banks are looking to use open APIs to enable Open... Read more »

Salt Edge helps Simplifi in accelerating their accounting services via open banking

Simplifi-HQ, an online accounting service provider from New Zealand has chosen Salt Edge, a leader in offering open banking solutions, to... Read more »

Upco International Selects Token to Power Open Banking Payment Services In Mobile Messenger App

Leading open banking infrastructure provider, Token.io, and Upco International Inc. (CSE: UPCO) (... Read more »

Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel