Open Data API Specifications Version 2 and Read/Write Security Profile Released
Open Data API Specifications
The Open Banking Implementation Entity (OBIE) is pleased to announce the release of Open Data API Specifications Version 2 for banking products, branches and ATMs. This follows on from the successful release of Version 1 in March 2017.
These specifications allow API providers (e.g. banks, building societies and ATM providers) to supply up to date, standardised, information on products and services, so that API users (third party developers) can build web and mobile applications which will enable customers to move, manage and make more of their money.
Version 2 is a significant upgrade to the previous version, with many enhancements including:
- A new data model, which is both more comprehensive and easier to implement;
- An updated and more detailed data dictionary; and
- An Implementation guide, with real world examples.
API Providers are now able to access these standards with immediate effect and update to this version.
To access the Open Data API standards, please visit https://www.openbanking.org.uk/open-data-apis/.
OBIE does not provide direct access to live API end points; rather these are implemented and supported by each API Provider. If you wish to see which APIs are supported by each Provider, please visit https://www.openbanking.org.uk/developers/api-dashboard/.
Open Banking Security Profile
The OBIE is also pleased to announce the release of the Open Banking Security Profile (Implementer’s Draft). This profile defines how the Open Banking Read/Write APIs are secured using Mutual TLS, OAuth 2.0 and Open ID Connect.
To view the Open Banking Security Profile, please visit https://www.openbanking.org.uk/read-write-apis/security-profile/.
The Open Banking Profile is based on the OpenID Foundation’s Financial API Read and Write API Security Profile (see http://openid.net/specs/openid-financial-api-part-2.html), which in turn is based on the Read Only specification (see http://openid.net/specs/openid-financial-api-part-1.html).
OBIE is a member of the OpenID Foundation (see http://openid.net/), a non-profit international standardisation organisation of individuals and companies committed to enabling, promoting and protecting OpenID technologies. OBIEis working with the OpenID Foundation to ensure that the profile is maintained as a world class security standard which provides the very best protection available for all users.
For further information, please contact email@example.com
The Open Banking Team