Mike Woods, CEO of Konsentus

UK-based RegTech Konsentus has partnered with Norwegian fintech Neonomics to enable the latter’s clients in gaining access to the Konsentus’ platform, assisting them to comply to the new payment directive regulations and assisting them in safeguarding their transaction account customers from unregulated or unauthorized third party providers.

Established in 2016 and headquartered in Oslo, Norway, Neonomics is a fintech providing PSD2 compliant banking interconnectivity to banks, FIs, TPPs etc. It offers account aggregation and payment initiation services.

Neonomics’ CEO and Founder Christoffer Andvig commented: “We wanted a partner that would allow our clients to simply plug in and go live. With Konsentus we have identified a unique proposition, that ensures our customers can quickly become PSD2 open banking compliant for their TPP Identity and Regulatory checking requirements.”

Founded in 2018 and headquartered in the UK, Konsentus provides identity and regulatory checking services to financial institutions in order to assist them in achieving PSD2 compliance, provides open banking services to their customers etc.

Mike Woods, CEO of Konsentus added, “Neonomics is a market-leading platform with a significant customer base. The Konsentus solution will allow them to go live with their PSD2 open banking solutions confident that they will only ever provide data to a regulated TPP.”

by Megha Bhattacharya
Market Analyst at IBS Intelligence