Open Banking UK (OBIE) Commercial Executives join competitor Konsentus

Open Banking UK (OBIE) Commercial Executives join competitor Konsentus
27.04.2020 08:01 am

Open Banking UK (OBIE) Commercial Executives join competitor Konsentus

Open Banking , People Moves

Konsentus today announced that two senior members of the commercial team at the Open Banking Implementation Entity (OBIE), have joined Konsentus as VP, Business Development, to scale up operations as Open Banking takes off across the UK and Europe.

Paul Hughes, most recently, Head of Business Development at the OBIE, also held senior positions at Vocalink, U.S. Bankcorp (Elavon), RBS and Barclays. He is joined by Peter Mortlock, a senior Sales Executive from OBIE whose extensive payments experience includes roles with Vocalink, Snatch and Verifone.

Konsentus is the only SaaS based API solution in the market that protects Financial Institutions from the risk of fraud through deployment of its real-time Third-Party Provider (TPP) identity & regulatory checking services. When a Financial Institution gives access to a TPP through their dedicated interface, they need to be confident that they are not putting their customer’s data at risk. Konsentus Verify is a solution that Financial Institutions can quickly and easily deploy performing PSD2 TPP Identity & Regulatory checking on their behalf to help reduce fraud and mitigate risk.

Paul Hughes stated: “This is a really exciting time to be joining Konsentus. They have a world-class product, Konsentus Verify, which is cost-effective and easy for Financial Institutions to implement, and ensures they protect themselves from Open Banking related fraud and risk. The quality of the data Konsentus provides is unsurpassed in the market – no matter where in the EEA a TPP request is made, Financial Institutions can be confident that their customers are being protected.”

Mike Woods, CEO at Konsentus, commented: “I am delighted that Paul and Peter have joined the team at Konsentus. They both bring a wealth of industry and C-level engagement experience with them, winning multi-million-pound contracts for previous organisations they’ve worked for and will be a real asset to Konsentus.”

Related News

Bottomline boosts the way businesses collect cash with Pay Direct

Bottomline (NASDAQ:EPAY), a leading provider of financial technology that makes business payments simple, smart and secure, today announced the launch of Pay... Read more »

BNP Paribas Personal Finance collaborates with Experian and Aryza to help customers through the Covid-19 pandemic

BNP Paribas Personal Finance will use Experian’s Open Banking technology and Aryza’s Debtsense digital platform to provide... Read more »

Nuapay brings Open Banking to 190M French accounts

Open Banking pioneer Nuapay, a Sentenial company, today announces it has extended its Open... Read more »

Konsentus partners with Open Vector as open banking accelerates in Latin America

Konsentus announced that it has partnered with open banking advisory company Open Vector to enable Financial Institutions in Latin America and... Read more »

Mode introduces next-gen bank transfers powered by ‘Open Banking’ technology

Mode, the new breed digital banking app, has extended its partnership with payments provider Modulr to launch its first feature powered by ‘Open Banking’, as... Read more »

Irish firm teams up with Salt Edge to simplify mortgage process

Irish fintech firm OnlineApplication works with Salt Edge, a leader in developing open banking solutions, to help the entire mortgage market... 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