Guest Blog: Financial-grade API (FAPI), Explained by an Implementer – Updated   Recently updated !

NOTE: This article was updated to align to the FAPI 1.0 Final version which was published in March, 2021. Introduction Financial-grade API (FAPI) is a technical specification that Financial-grade API Working Group of OpenID Foundation has developed. It uses OAuth 2.0 and OpenID Connect (OIDC) as its base and defines additional technical requirements for the financial industry and other industries that […]

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The 7 Laws of Identity Standards   Recently updated !

The OpenID Foundation is proud to participate in the first ever ‘Identity Management Day,’ an annual awareness event that will take place on the second Tuesday in April each year. The inaugural Identity Management Day is April 13, 2021. Founded by the Identity Defined Security Alliance (IDSA), the mission of Identity Management Day […]

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OpenID Connect Federation Specification Resulting from a Year of Implementation Experience

The OpenID Foundation held three interop events for implementations of the OpenID Connect Federation specification during 2020. The learnings from each were used to iteratively refine the specification after each round, just as we did when developing OpenID Connect itself. The current specification is the result of the iterative rounds […]

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Picking up Speed on the FAPI Roadmap: From the FAPI RW Implementers Draft 2 to FAPI 1.0 Advanced Final

The FAPI Working Group published a FAPI Frequently Asked Questions (FAQ) as a resource for those new to FAPI and implementing FAPI. This FAQ will evolve over time as the Foundation engages with new members like the Australian Competition & Consumer Commission as well as colleagues in the US, Australia, […]

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Guest Blog: SecureAuth’s OpenID Foundation Membership Drives Interoperability and Authentication for Customer Identity Security Across Cloud and Mobile

Today, SecureAuth is an official member of the OpenID Foundation a non-profit international standardization organization committed to enabling, promoting and protecting OpenID technologies. As a distinguished member of the Foundation, SecureAuth also now has a voice in the elections for the governing body. SecureAuth Innovation Labs is dedicated to actively […]

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Standards Adoption and the Adoption of Standards – Financial-grade API (FAPI) 1.0 Final Specifications Published

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 […]

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FAPI 1.0 Part 1 and Part 2 are now Final Specifications

The OpenID Foundation membership has approved the following Financial-grade API (FAPI) specifications as OpenID Final Specifications: Financial-grade API 1.0 – Part 1: Baseline Security Profile Financial-grade API 1.0 – Part 2: Advanced Security Profile A Final Specification provides intellectual property protections to implementers of the specification and is not subject […]

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The Identity, Unlocked “eKYC with Mark Haine” Podcast Now Live

The OpenID Foundation is pleased to sponsor the Identity, Unlocked podcast. This week’s episode “eKYC with Mark Haine” features host Vittorio Bertocci and special guest Mark Haine. The episode focuses on the work of the OpenID Foundation’s eKYC & Identity Assurance Working Group. Mark Haine is the Director at considrd.consulting […]

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OpenID Foundation Announces Increases to Membership Dues in 2021

The OpenID Foundation is a non-profit international standardization organization of individuals and companies committed to enabling, promoting, and protecting OpenID technologies. Formed in June 2007, the Foundation serves as a public trust organization representing the open community of developers, vendors, and users. The Foundation assists the community by providing needed […]

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OpenID Connect for Identity Assurance (eKYC & IDA) Enables More than 30 Million Bank Customers to Identify Themselves with Third Parties

More than 1,000 banks in the yes® scheme enable online banking customers to prove their identity to 3rd parties with existing bank-managed KYC data. This data can also be used to seamlessly create qualified electronic signatures conforming to the EU’s eIDAS directive. The banks recently finished the migration of all […]

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