OpenID Foundation Deepens Partnership with Financial Data Exchange on Adoption of New Security Standards

Published September 22, 2020
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 via the Open Certification Program. The FDX Global Summits are the organization’s signature technical conferences for its members and brings together the best of the financial industry’s engineers, business leaders and stakeholders in a technical working group environment to better the development, implementation and adoption of open standards and associated data use cases and certification protocols. The Financial Data Exchange is a standards development organization that has rapidly grown to over 150 Banks, Fin-Techs and key players in the US and Canadian financial services market. The OpenID Foundation and the Financial Data Exchange continue to partner in working groups and workshops to drive the adoption of these important new standards. Don Cardinal, Managing Director of the FDX, Anoop Saxena, of Intuit and Co-Chair of the FAPI Work Group, and Nat Sakimura will “keynote” a panel on the intersection of identity and open banking standards at Summit Fall 2020. Please note that registration is open for the upcoming OpenID Foundation Virtual Workshop on Wednesday, October 28, 2020.