Security Profiles

The Open Banking Sta​ndard 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.

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