BUILDING A DIGITAL EUROPE

TOGETHER


Open Banking Europe (OBE), a fully owned subsidiary of Konsentus Limited, brings market players together to turn regulatory requirements into operational reality. We champion innovation, competition and efficiency to increase consumer choice and enhance security for online payments in the EU. At the heart of our services are the OBE Community initiative and the Regulatory Directory.

The team, led by John Broxis, are experts in all aspects of open banking and regulatory compliance. They have a long and successful history in delivering regulatory change through collaboration and engagement with regulators and international standards bodies across Europe.

OUR FOUR PILLARS

TRUSTED IN OPEN BANKING 

OBE and Konsentus have a long history of successfully delivering Open Banking solutions to financial institutions across Europe.

PAN-EU COVERAGE 

OBE offers reach across Europe through a strong and trusted network of business relationships.

MARKET EXPERTS 

OBE can rely on experts for interfaces, regulatory practices and on exchange with international standards bodies across Europe.

COMMUNITY LED 

Design decisions are made by consensus and priority, so XS2A can follow an agreed and standardised approach.

 

 

Participants


OUR SCOPE

regulations (eIDAS and GDPR), national transposition timelines, and national register formats.

The European Retail Payments Board (ERPB) has raised concerns regarding interoperability as well as the number of recommendations issued.

Open Banking Europe provides :

  • A central repository of information relating to XS2A.
  • A holistic overview of how the internal and external elements of an Open Banking project can fit together.
  • Expertise on how national regulatory data can be used between and across countries for XS2A.
  • Essential directory services needed to check regulatory information and to exchange operational information.

Open Banking Europe does not provide API standards or API software.

The OBE Approach


 

Define

SME Group Engagements & Regulatory Analysis

 

On behalf of its stakeholders, OBE engages with:
  • PSP communities
  • Solution Providers
  • EC & ECB via ERPB
  • Member State Regulators
  • International Standards Bodies
  • Interface Design Organisations

 

Design

Design & Standardisation: Handbook & Miniguides

 

Turning complex topics into digestible formats for all OBE stakeholders to support common approaches and standardisation reviews of OBE.

Develop

Test Data & Reference Implementations

 

Agile design: OBE creates demo data, services and UI tools. All stakeholders can get access to a beta play and test version of the directory.

Decide

Community Review & Pan-EU Alignment

 

Continuous updates, education and group sessions ensure that all stakeholders have the same level of information and can make informed decisions.