Konsentus taps Jim Wadsworth to lead international open banking expansion
Open banking firm Konsentus has appointed open banking guru Jim Wadsworth to lead the expansion of its technology solutions into international markets.
Jim Wadsworth moves to Konsentus
Konsentus hopes to leverage Wadsworth’s connections in the international banking community to realise its next stage of growth.
Wadsworth, now executive vice president for strategic market development at Konsentus, says open banking is creating “new and innovative” revenue streams and Konsentus will be integral in ensuring players in the field can “safely and securely” leverage these opportunities.
For the last five years, Wadsworth had led Mastercard’s open banking ambitions, helping to kickstart the company’s journey into what he calls a “key arena” with the acquisitions of Finicity in the US and Aiia in Europe.
Wadsworth joined Mastercard in 2017 following its acquisition of Vocalink, where he had served as the company’s UK product director.
With a career spanning more than 25 years, Wadsworth has held several senior roles within banks and financial services firms including Barclaycard, JP Morgan, Simpay and NatWest Group.
Konsentus CEO Mike Woods says Wadsworth’s “strategic mind” and “wealth of experience” in open banking will be invaluable to the firm as it advises regulators and central banks across the world in the development and security of their open banking ecosystems.
