In today’s rapidly evolving financial landscape, data sharing is essential for innovation, but it also brings heightened responsibility. Financial institutions and fintech companies are under increasing pressure to manage customer consent securely, transparently, and in compliance with complex regulations like GDPR and PSD2. This is where the Consent Management Platform (CMP), powered by FINCONNECT, delivers a game-changing solution.
Why Consent Management Matters
With the rise of Open Banking, customer data is shared more widely than ever. However, improper management of consent can lead to data breaches, regulatory penalties, and loss of customer trust. Managing consent isn’t just a regulatory requirement, it’s central to building and maintaining customer relationships in a data-driven world.
Watch our short video to see how CMP transforms consent management for banks and fintechs:
CMP: Consent at the Core
The CMP powered by FINCONNECT is engineered for seamless, secure, and smart consent management. It enables banks, fintechs, and third-party providers to obtain, manage, and audit customer permissions with ease, all while keeping user experience at the forefront.
Key Features:
- Automated consent workflows for rapid onboarding
- Real-time tracking and auditing of customer permissions
- Full compliance with GDPR, PSD2, and other major regulations
- Customizable dashboards for banks, TPPs, and end-users
- Integration with existing banking and fintech systems
Benefits:
- Reduce compliance risk and operational overhead
- Increase customer trust with transparency and control
- Streamline onboarding and consent renewal processes
- Empower customers with user-friendly interfaces
Built for the Open Banking Era
CMP stands out by transforming regulatory complexity into a seamless digital experience, making consent management a strategic asset rather than a compliance headache.