Meet Open Banking requirements and welcome opportunities to create new business models that drive greater revenue and brand trust.
What Is Open Banking?
In the new digital economy, new customer-centric banking models are transforming financial services. Open Banking creates a new set of technical requirements to ensure customer data is secure and only accessed with authorization and consent. The Open APIs make it possible for third-party providers to enter the banking and payment ecosystem, delivering unprecedented innovation and competition.
Comply with New Regulations
With Open Banking, you can stay compliant while positioning your organization for success. Built on open standards, the ForgeRock Identity Platform provides a unified solution to address key challenges around customer authentication, secure APIs, customer consent, and identity best practices. Banks can achieve more than just regulatory compliance — they can also introduce new products and services designed to meet the needs and expectations of today’s empowered consumers.
Open Banking Accelerators
Open Banking Accelerators from ForgeRock consist of reference architecture, configuration, code, and documentation for API security. They cover the key use cases of third-party providers onboarding, staging and authorization of consent, and control of subsequent third-party provider access to APIs. The Open Banking Accelerators are available and have passed OpenID foundation FAPI security conformance testing.
Open Banking Infographic
Open Banking, PSD2, and beyond.
Kuppingercole on the ForgeRock Identity Platform for PSD2 and API Security
Will you simply comply or truly compete in the Open API economy?
Open Banking, PSD2, and the Transformation of Financial Services
Learn how the ForgeRock Identity Platform addresses the main challenges of Open Banking and PSD2.
Get the Facts About CDR Open Banking
Consumer Data Right (CDR), Open Banking and beyond.