Security

With APIs, encrypted data transfer and reduced information sharing, open banking has been built with security at its core.

But as the ecosystem grows, it’s likely that scammers will target participants and your customers. We offer useful resources to help you implement best practice counter-fraud controls.

Cyber Security Banner

Guide to security and counter-fraud controls

Security sits at the heart of open banking – but participants still need to understand security and fraud threats and how best to defend against these.

Developed alongside participants and industry bodies, our security and counter-fraud guidelines help you develop the robust controls needed to safeguard you and your customers.

Download the guide
security

Why open banking is safe

Open banking is built on the secure and trusted systems already used by familiar high street banks and new fintech firms.

We set out why consumers and businesses can feel confident that it is safe to share their banking data.

Find out more

Open banking apps in action…

How the ecosystem supports security measures
Securely share open banking data with your accountant
Why open banking is safe for consumers

enquiries

If you are a participant in our ecosystem and have an enquiry related to open banking security or counter-fraud, please contact our security team. They’re here to help.

Email us
fintech footer