Open banking and financial-grade API security continue to be an exciting and fast-moving space. It’s not surprising, after all, that breaching a bank’s API is far more severe than, for example, breaching a cookbook recipe API. This is no doubt why regulations and standards are being rolled out in many countries around the globe.
In this talk, I will talk about the extensions to OAuth and OpenID Connect recommended for financial-grade applications and the newer developments within the space. I aim to give cryptic names like PAR, RAR, JARM, and mTLS some meaning. I’ll also explore where we see a lot of development in this space right now and the different approaches chosen.
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