The OpenID Foundation is pleased to share its new whitepaper, “Open Banking, Open Data and Financial-Grade APIs”. The paper documents the international movement towards Open Banking, Open Finance, and secure, consent driven access to all user data. It describes the OpenID Foundation and in particular the Financial-Grade API (FAPI) Working Group’s […]
I’m pleased to announce that the OpenID Foundation has published the Financial-grade API (FAPI) Parts 1.0 and 2.0 final specifications. This is a true accomplishment for open banking initiatives worldwide. The Foundation couldn’t have reached this important milestone with the FAPI specification without the leadership of the FAPI Working Group […]
The OpenID Foundation is pleased to sponsor the Identity, Unlocked second season premiere podcast featuring host Vittorio Bertocci and special guest Torsten Lodderstedt, “Exploring Financial-grade API (FAPI) with Torsten”. Torsten is a long time member of and contributor to the OpenID Foundation. Torsten has contributed significantly to the FAPI security […]
November 18, 2020 Mr Andrew Stevens Chairman, Consumer Data Standards Australia Mr Paul Franklin Executive General Manager, Consumer Data Right, Australian Competition and Consumer Commission Ms Kate O’Rourke Principal Advisor, The Treasury, Australia Mr Daniel McAuliffe Project Lead, Consumer Data Right, The Treasury, Australia RE: OpenID Foundation Follow-up to […]
The OpenID Foundation is excited to be a co-sponsor for the Santander Digital Trust Hackathon. This global virtual hackathon will capitalize on Santander’s Digital Trust API and the need to innovate how data is shared, verified and trusted. The goal is to reimagine how we verify identity and validate data, […]
View the workshop recording in its entirety here. The OpenID Foundation (OIDF) and our development partner, the UK Open Banking Implementation Entity (OBIE), continue our collaboration in outreach to the fintech community via workshops in hosting another workshop on Tuesday, October 13, 2020 at 1pm UTC. This next event […]
OpenID Foundation Chairman, Nat Sakimura, presented a keynote at the Financial Data Exchange’s (FDX) Global Summit Fall 2020. Nat’s keynote, “Global Adoption of FAPI Among Open Banking Standards… And Beyond”, highlighted the growing adoption momentum of the Foundation’s Financial-grade API (FAPI) security profile and the high quality of self-certified implementations […]
The OpenID Foundation (OIDF) and Financial Data Exchange hosted a joint workshop on July 21, 2020 to share information on their respective standards and certification programs. OIDF Chairman, Nat Sakimura provided a global view of the state of financial APIs followed by FDX Managing Director, Don Cardinal, who described FDX’s […]
Global interoperability, a common cause among many national and industry groups, seems especially urgent these days, especially in matters of security. Interop requires open standards, a “best idea wins” debate among experts and patience, lots of patience. The Financial-Grade API Working Group has a singular focus on developing its security […]
The OpenID Foundation (OIDF) and our development partner, the UK Open Banking Implementation Entity (OBIE), recently hosted a workshop focused on Financial-grade API (FAPI) conformance and certification. It was a deep dive into the technical interface of our open, global standard with the OBIE’s functional UK standard. Our success metrics: […]
