Konsentus partners with Carta Worldwide for PSD2 compliance
Mobile and emerging payments specialist, Carta Worldwide, has partnered with Konsentus to provide clients with open banking compliance under the revised Payments Services Directive (PSD2), reports Jane Connolly.
Konsentus says it is the only Software-as-a-Service (SaaS)-based API solution to offer real-time third-party provider (TPP) identity and regulatory checking services.
The solution performs PSD2 TPP identity and regulatory checking on behalf of financial institutions, without putting customer data at risk.
“Carta Worldwide is a global leader in next-generation transaction processing and by partnering with the Konsentus solution, they can confidently offer their clients a reliable, fast and scalable solution to ensure they are compliant with PSD2 open banking,” says Konsentus CEO, Mike Woods. “The team at Carta recognised Konsentus as a partner who shared their vision to deliver best-in-class services in the modern payments ecosystem.”
“Konsentus’ ambition to drive a unique solution for PSD2 compliance presents Carta with an exciting opportunity to leverage its modern issuer processing functional stack and core payments expertise,” adds Richard Wray, managing director of Carta EMEA.
UK-based Konsentus provides its solution to financial institutions across the European Economic Area (EEA).