Nat Sakimura delves into Financial-Grade API (FAPI) – Podcast Episode 59

In episode 59, Nat returns to the podcast to discuss Financial-Grade API (FAPI), the base security protocol for UK Open Banking, Australian Consumer Data Standard, Brazil's Open Banking. He discusses why and how FAPI was formed; what exactly FAPI is – including technical characteristics; how FAPI is used today; and future plans for the specification - as well as how it connects to GAIN. "The data economy needs a secure and interoperable data network. And we are finally getting there with FAPI and eKYC standards. So, you guys need to get ready for the ride. It’s the time. You need to start acting, start preparing for that." Nat Sakimura is a well-known identity and privacy standardisation architect and the representative partner of NAT Consulting. Besides being an author/editor of such widely used standards as OpenID Connect, FAPI, JWT (RFC7519), JWS (RFC7515), OAuth PKCE (RFC7636) ISO/IEC 29184, ISO/IEC 29100 Amd.1, he helps communities to organise themselves to realise the ideas around identity and privacy. As the chairman of the board of the OpenID Foundation, he streamlined the process, bolstered the IPR management, and greatly expanded the breadth of the Foundation spanning over 10 working groups whose members include large internet services, mobile operators, financial institutions, governments, etc. He is also active in the public policy space. He has been serving in various committees in the Japanese government, including the Study Group on the Platform Services of the Ministry of Internal Affairs and Communications and the Study Group on the competition in Digital Market of the Fair Trade Commission of Japan. Find Nat on Twitter @_nat_en and LinkedIn. Nat also appeared in episode 54 of Let's Talk About Digital Identity, discussing how OpenID Connect took over the world. We’ll be continuing this conversation on Twitter using #LTADI – join us @ubisecure!