FDX’s Financial-Grade API Security Specification v3.4 Supports the FAPI 1.0 Advanced and CIBA Standards
The OpenID Foundation is delighted see the Financial Data Exchange’s recent announcement that FDX’s Financial-Grade API Security Specification v3.4 (companion to FDX API v5) supports the FAPI 1.0 Advanced and CIBA standards: “Alignment with Globally Interoperable Standards – The FDX API Security Specification v3.4 now references, supports and recommends utilization of the OpenID Foundation’s Financial-grade API […]
OpenID Foundation Deepens Partnership with Financial Data Exchange on Adoption of New Security Standards
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 via the Open Certification Program. […]
The OpenID Foundation and Financial Data Exchange Host Workshop Focused on Fintech Standards and Certification
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 focus as the financial services […]
“Plays Well with Others”, the OpenID Foundation Recognized as a Global Top 10 Influencing Organization in Digital Identity
The OpenID Foundation has been recognized in the recently published The Digital Identity Report – The Global Opportunity for Verified Citizen & Consumer ID, as one of the top 10 global digital identity-influencing organizations that includes the OpenID Foundation. Alan Goode, founder and CEO of Goode Intelligence and author of the report, said “the digital identity […]
Financial Data and Technology Association and OpenID Foundation in Global Agreement
Not-for-profits to campaign jointly on open finance initiatives The OpenID Foundation (OIDF), the international standardisation organisation which maintains a standard known as the Financial-grade API (FAPI), and the Financial Data and Technology Association (FDATA Global), the global trade association for companies working to promote ‘open finance’ and best practise financial data sharing, have signed a […]
Financial Data Exchange, OpenID Foundation Take Step Towards Global Standard for Financial Data Sharing
The Financial Data Exchange (FDX) and the OpenID Foundation (OIDF) have announced an agreement to collaborate in order to advance a common technical standard for the secure exchange of consumer financial information. As online banking evolves and fintech apps grow in popularity, consumers increasingly wish to share their personal account, transaction and other financial information […]