Financial Services

Advanced API Security Solution for Financial Services and Fintechs

Top banks and fintechs rely on Authlete to ensure financial-grade API security.

Trusted by the World's Leading Companies

Challenges with FAPI Implementation


1. Mandatory OpenID Certifications for FAPI

Certified implementation of FAPI, which is a high security API protection profile built on OAuth, is mandatory in open banking and open finance ecosystems around the world, including Australia, Brazil, Saudi Arabia, and the UK. Their financial institutions are required to pass the OpenID Foundation's conformance tests to prove correct FAPI implementation. Authlete has received certifications for FAPI 1.0, FAPI 2.0, and CIBA, including UK Open Banking, Australia CDR, Brazil Open Banking, and KSA Open Banking.

2. Trade-off between compliance and user experience

Turnkey solutions for open banking and open finance often require replacing existing authentication systems with those provided by vendors, or duplicating or synchronizing customer data. This may lead to an inconsistent user experience or increased complexity in customer identity management. With Authlete, you can maintain existing authentication capabilities and keep your customer data in-house. So you'll be able to continue delivering the consistent and seamless user experience.

3. Architectural control and agility

All-in-one solutions may help you comply with FAPI and CIBA. However, you may be locked into their platform or required to customize it to meet your needs, losing architectural control and agility or facing additional development work. In contrast, Authlete stays in the backend, giving you maximum flexibility in designing your UX and UI. Authlete's Web APIs handle complex protocol operations and manage token lifecycle for FAPI, CIBA and other OAuth and OpenID Connect (OIDC) profiles.

Authlete for Open Finance

Why Authlete

1. Assured OAuth/OIDC Compliance

Authlete stays always up-to-date with the latest identity and API authorization standards. Leave complex standards compliance to experts.

2. Faster time to market

Authlete's intuitive APIs enables you to quickly implement industry standards in days, not months, using programming language and framework of your choice.

3. Seamless integration

Authlete easily integrates with your existing infrastructure, including user authentication services and API gateways.

4. Flexible deployment

Choose your deployment option and run Authlete on a managed cloud or on-premises, according to your compliance, security, and performance requirements.

Ensure Compliance and Elevate Security

Hear from our customers

Nubank

"Authlete enabled us to roll out a fully specification compliant authorization server in just a few weeks without having to modify our existing environment to suit a particular vendor."

Read the Case Study
FINANCIAL SERVICES

"Authlete enabled us to roll out a fully specification compliant authorization server in just a few weeks without having to modify our existing environment to suit a particular vendor."

FINANCIAL SERVICES

"Authlete enabled us to roll out a fully specification compliant authorization server in just a few weeks without having to modify our existing environment to suit a particular vendor."

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Hear from Our Customers

Nubank

"Authlete enabled us to roll out a fully specification compliant authorization server in just a few weeks without having to modify our existing environment to suit a particular vendor."

Read the Case Study