6-26 Ping Identity MasterClass- PSD2 and Open Banking with Ping Identity... _ Identiverse 2018
In 2018, PSD2 and GDPR come into force across the European Union. These regulations will define and govern the use of open banking APIs to enable third parties to access a Banks' customer account information, when the customer has given their explicit consent. In the session we will demonstrate how Ping Identity can address the technical challenges of securing access through open APIs to process financial information and transactions and discuss the technical configurations needed on the Ping products. The demonstration will step through both the Payment Initiation Service Provider (PISP) and Account Information Service Provider (AISP) use case, showing how the Ping Identity Platform: Utilises OAuth 2 and OpenID Connect token services to support financial institutions and third parties to complete a direct payment transaction and account information aggregation. Gathers, manages and enforces customer-driven consent. Enforces Strong Customer Authentication (SCA).