Epiphany Partners with Konsentus to Advance Open Banking Era
Fintech software and solution innovator, Epiphany SRI, today announced a
partnership with regtech company, Konsentus. As a result of this
partnership, financial organizations will be able to build open digital
banking platforms that comply with PSD2 regulations.
The deadline for organizations to comply with PSD2 regulations was 14
March 2019. The regulations require legacy banking and financial service
providers, that hold online accessible client accounts, to provide
Application Programming Interface (API) so that new operators, Third
Party Providers (TPP), can develop new services including order
placement, payment or account information.
The Epiphany Open Digital Banking Platform helps banking and financial
organizations remain relevant, and satisfy their customers' current and
future banking needs, by providing access to an ecosystem of advanced
financial services. Konsentus is the only live Software as a Service
(SaaS) based API solution available to check TPP Identity and Regulatory
status.
Said Paolo Spadafora, CEO of Epiphany, "We are pleased to partner with
Konsentus to help our customers achieve PSD2 compliance and take full
advantage of the new Open Banking era."
About Epiphany: Epiphany SRI is a software and solutions company
dedicated to creating software to help industry and society improve in
this time of change. Epiphany has applied its know-how to meet the needs
of European banking as a result of the new PSD2 regulatory requirements
and Open Banking in general.
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