Financial-grade API


Public Review Period for FAPI Client Initiated Backchannel Authentication (CIBA) Profile Started

The OpenID OpenID FAPI Working Group recommends approval of the following specification as an OpenID Implementer’s Draft: Financial-grade API: Client Initiated Backchannel Authentication Profile An Implementer’s Draft is a stable version of a specification providing intellectual property protections to implementers of the specification. This note starts the 45-day public review […]


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 […]


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, […]


Guest Blog: Formal Analysis of the OpenID Financial-grade API

Guest blog post by Daniel Fett (yes.com), Pedram Hosseyni, and Ralf Küsters (University of Stuttgart). The security of a web protocol is crucial, especially in the domain of financial applications and in other high-stakes environments. For identifying weaknesses in protocols and ensuring security, formal protocol analysis is the state-of-the-art method. […]


OpenID Certification Program Expansion and Fee Update

The OpenID Foundation launched the OpenID Certification Program in 2015. The Program enables organizations to certify that their OpenID Connect implementations conform to specified profiles of the OpenID Connect standard. The certification program is a tool to help ensure that implementations by different parties will interoperate. It provides assurance to […]


The UK Open Banking Implementation Entity Adopts the OpenID Foundation Financial-Grade API (FAPI) Specification & Certification Program

The 2018 Identiverse Conference provided a timely catalyst for representatives of the OpenID Foundation and the UK Open Banking Implementation Entity (OBIE) to announce their collaboration on the Financial-grade API (FAPI) specification. The Identiverse stage provided an ideal venue to emphasize the importance of building on the award winning OpenID Certification […]


OpenID Certification Expanding to FAPI Specs

Announcement: The OpenID Foundation announced today it will continue expanding the scope of its award-winning OpenID Certification program, adding new profiles and capabilities.  The new Form Post Response Mode profiles were launched this week during the Identiverse conference.  The OpenID Foundation is pleased to announce its plans to expand the […]