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 […]
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 […]
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 […]
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 […]
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 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. […]
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 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 […]
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 […]