Financial-grade API


OpenID Foundation Follow-up to ACDS on CDS

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 […]


OpenID Foundation Co-Sponsoring Santander Digital Trust Hackathon

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, […]


The OpenID Foundation and the UK Open Banking Implementation Entity Hosting a Workshop Focused on Financial-grade API (FAPI) and Third Party Providers (TPPs)

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 builds […]


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 […]


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 […]


OpenID Foundation Announces FAPI-RW App2app Certification Launched

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 […]


Collaboration at the Core: The OpenID Foundation and the UK Open Banking Implementation Entity Host Conformance and Certification Workshop

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: […]


OpenID Foundation Launches New Microsite Focused on Open Banking and Fintech Developers

The OpenID Foundation has launched a new microsite focused on global open banking initiatives and providing resources for fintech developers implementing the Foundation’s Financial-grade API (FAPI). In 2017, the OpenID Foundation’s Financial-grade API (FAPI) Working Group published specifications enabling high-security API access, suitable for accessing financial data and facilitating financial […]


OpenID Certification Program Expands with the Release of Financial-grade API Client Initiated Backchannel Authentication Profile (FAPI-CIBA) Certification

The OpenID Foundation announced today its expansion of the OpenID Certification program with conformance testing and self-certification of Financial-grade API Client Initiated Backchannel Authentication Profile (FAPI-CIBA) OpenID Providers. The ability to self-certify FAPI-CIBA implementations builds on the availability and success of Financial-grade API (FAPI) certifications whereby a number of vendors […]


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 […]