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Peter Majgaard, VP Business Development, Konsentus, on the status of Open Banking in Europe

Peter Majgaard, VP Business Development, Konsentus, gives his view on the status of Open Banking in Europe

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When banks were forced to open API regtech became a necessity. The bank must know who and why uses the data of the bank’s customers. – Open banking is on its way to take off. There was some disappointment after September 14, when PSD2 entered into force, but we see that development is gaining momentum in the UK – said Peter M. Majgaard from Konsentus – a company operating in the RegTech area.

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