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Konsentus has acquired Open Banking Europe S.A.S. from PRETA.
Open Banking Europe S.A.S., a 100% owned subsidiary of Konsentus Limited, will remain a separate operating entity which will continue to be led by John Broxis. The software solutions of Open Banking Europe will be directly integrated into the Konsentus business.
Formed in June 2017, the Open Banking Europe (OBE) initiative has been hugely successful in bringing together market participants to turn regulatory requirements into operational reality. The initiative provides its members with a collaborative environment to identify market issues and problems, championing awareness and creating solutions via guidance, standards and tools.