Security Profiles The Open Banking Standard was updated in 2018 to cover both re-direct and decoupled flows, based on OpenID Foundation specifications. OpenID exists to help users control the personal information they share with websites and apps.
There are different levels of risk associated with access to financial APIs. For example, read and write access to a bank API has a higher financial risk than read-only access. As such, the security profiles of the authorisation framework protecting these APIs engender enhanced security.
Other pages in this section Get Started Specifications API Specifications Security Profiles Guidelines Customer Experience Guidelines Operational Guidelines Good Practice Reference
Financial Grade API The OpenID Financial Grade API (FAPI) specification provides implementation guidelines for online financial services by developing a REST/JSON data model protected by a highly secured OAuth profile. Go to OpenID Connect Client Initiated Backchannel Authentication A profile of the OpenID Connect Client Initiated Backchannel Authentication Flow (CIBA), that supports decoupled interaction methods. This document aligns CIBA with the other FAPI parts, providing security recommendations for use with APIs that require financial-grade security. Go to OpenID
Financial Grade API The OpenID Financial Grade API (FAPI) specification provides implementation guidelines for online financial services by developing a REST/JSON data model protected by a highly secured OAuth profile. Go to OpenID
Connect Client Initiated Backchannel Authentication A profile of the OpenID Connect Client Initiated Backchannel Authentication Flow (CIBA), that supports decoupled interaction methods. This document aligns CIBA with the other FAPI parts, providing security recommendations for use with APIs that require financial-grade security. Go to OpenID
Case Studies Impact Report New Impact Report reveals increased adoption and product innovation 16 Nov 2023 Read more Events ‘Smart Data: Unleashing the full potential of open banking’ – event round-up 23 Feb 2024 Read more Consultation OBL Trustee responds to PSR’s Call for Views on the expansion of VRPs 15 Feb 2024 Read more Case studies Little Birdie subscription app helps drive better money management 13 Feb 2024 Read more
Impact Report New Impact Report reveals increased adoption and product innovation 16 Nov 2023 Read more
Events ‘Smart Data: Unleashing the full potential of open banking’ – event round-up 23 Feb 2024 Read more
Consultation OBL Trustee responds to PSR’s Call for Views on the expansion of VRPs 15 Feb 2024 Read more
Case studies Little Birdie subscription app helps drive better money management 13 Feb 2024 Read more