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Adds TPP Identity and Regulatory Checking to PSD2 Accelerator’s Capabilities
Adds TPP Identity and Regulatory Checking to PSD2 Accelerator’s Capabilities
March 25, 2019, London, UK – Fiorano Software, a leading Enterprise Middleware, Integration and API Management specialist, announced today that it has added Third Party Provider (TPP) Identity & Regulatory checking services from Konsentus, a UK based Regtech company providing live SaaS-based APIs to check TPP identity & regulatory status, to its ready-to-deploy PSD2 platform to provide enhanced support to Financial Institutions (FIs) working towards PSD2 compliance.
Whilst the first major deadline passed on 14th March, whereby FIs had to make their ASPSP interfaces available for external testing, the next major PSD2 deadline is 14th September 2019 by when FIs must demonstrate the effective application of all EBA Technology mandates, including X2SA, SCA and CSC.
March 25, 2019, London, UK – Fiorano Software, a leading Enterprise Middleware, Integration and API Management specialist, announced today that it has added Third Party Provider (TPP) Identity & Regulatory checking services from Konsentus, a UK based Regtech company providing live SaaS-based APIs to check TPP identity & regulatory status, to its ready-to-deploy PSD2 platform to provide enhanced support to Financial Institutions (FIs) working towards PSD2 compliance.
Whilst the first major deadline passed on 14th March, whereby FIs had to make their ASPSP interfaces available for external testing, the next major PSD2 deadline is 14th September 2019 by when FIs must demonstrate the effective application of all EBA Technology mandates, including X2SA, SCA and CSC.
Brendan Jones, Chief Commercial Officer, Konsentus
Brendan Jones, Chief Commmercial Officer, Konsentus
Fiorano’s Banking Solutions have, over the years, helped banks boost their operational efficiency and productivity across processes, customers and partners. Its recently launched PSD2 Accelerator is designed to provide Financial Institutions with the technology required to meet PSD2 regulatory obligations as a pre-integrated bundle while facilitating access to account information and beyond through PSD2 APIs, enabling banks to develop innovative new services for its customers. The partnership will facilitate BRSANALYTICS to act as a professional services provider while assisting Fiorano in project implementation, offering local support to banks.
"Having recently launched the Fiorano PSD2 Accelerator, which is designed to provide FIs (ASPSPs in PSD2 terms) with the technology required to meet PSD2 open banking regulatory obligations as a pre-integrated bundle, we are delighted to be able to offer our customers a unique solution to solve their specific challenges around TPP identity and regulatory checking."
Biju Suresh Babu, Global Open Banking lead, Fiorano
"Having recently launched the Fiorano PSD2 Accelerator, which is designed to provide FIs (ASPSPs in PSD2 terms) with the technology required to meet PSD2 open banking regulatory obligations as a pre-integrated bundle, we are delighted to be able to offer our customers a unique solution to solve their specific challenges around TPP identity and regulatory checking."
Biju Suresh Babu, Global Open Banking lead, Fiorano
Konsentus was established to provide consent & preference management services to financial institutions so that they can comply with PSD2 and open banking. Konsentus issues consent management tokens on behalf of financial institutions through a SaaS platform.
Konsentus was established to provide consent & preference management services to financial institutions so that they can comply with PSD2 and open banking. Konsentus issues consent management tokens on behalf of financial institutions through a SaaS platform.
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