Consumer Consent Management
Control and consent over information will become crucial as financial institutions assess their options for making information public through APIs. To guarantee that personal information is protected, clients must be given the ability to perform financial transactions and consent to data sharing inside their financial institutions and beyond.
Enabling Enhanced Financial Services Journeys
Connectivity within Financial Institutions – Breaking down ethical walls and Opening Banking
- Enable client directed consent and data sharing among various lines of business
- Save significant technical costs with a scalable data integration pattern
- Earn customer loyalty by offering more efficient, customized and pertinent services
Financial Institutions Extending Trusted Services – Open Banking
- Engage clients with access to various services, leveraging existing KYC
- Connect to trusted third party partners and services, and monetize connections
- Maintain privacy and loyalty with user consented data sharing and authorization
Consumers Extending Access to Their Trusted Services – Consumer Directed Finance
- Consent-driven data collaboration between service providers
- Privacy-preserving and secure interactions, which respect jurisdictional requirements
- Increase customer loyalty with seamless and connected banking experiences
