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Account and Transaction Protocol of the Open Banking Standard

To counteract the lack of competition and innovation in the financial services industry, the EU has issued the Second Payment Services Directive (PSD2) encouraging account servicing payment service providers to share data. The UK, similarly to other European countries, has promoted a standard API fo...

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Detalles Bibliográficos
Autores principales: Almehrej, Abdulaziz, Freitas, Leo, Modesti, Paolo
Formato: Online Artículo Texto
Lenguaje:English
Publicado: 2020
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7242052/
http://dx.doi.org/10.1007/978-3-030-48077-6_16
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author Almehrej, Abdulaziz
Freitas, Leo
Modesti, Paolo
author_facet Almehrej, Abdulaziz
Freitas, Leo
Modesti, Paolo
author_sort Almehrej, Abdulaziz
collection PubMed
description To counteract the lack of competition and innovation in the financial services industry, the EU has issued the Second Payment Services Directive (PSD2) encouraging account servicing payment service providers to share data. The UK, similarly to other European countries, has promoted a standard API for data sharing: the Open Banking Standard. We present an overview of the results of a formal security analysis of the Account and Transaction API protocol.
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spelling pubmed-72420522020-05-22 Account and Transaction Protocol of the Open Banking Standard Almehrej, Abdulaziz Freitas, Leo Modesti, Paolo Rigorous State-Based Methods Article To counteract the lack of competition and innovation in the financial services industry, the EU has issued the Second Payment Services Directive (PSD2) encouraging account servicing payment service providers to share data. The UK, similarly to other European countries, has promoted a standard API for data sharing: the Open Banking Standard. We present an overview of the results of a formal security analysis of the Account and Transaction API protocol. 2020-04-22 /pmc/articles/PMC7242052/ http://dx.doi.org/10.1007/978-3-030-48077-6_16 Text en © Springer Nature Switzerland AG 2020 This article is made available via the PMC Open Access Subset for unrestricted research re-use and secondary analysis in any form or by any means with acknowledgement of the original source. These permissions are granted for the duration of the World Health Organization (WHO) declaration of COVID-19 as a global pandemic.
spellingShingle Article
Almehrej, Abdulaziz
Freitas, Leo
Modesti, Paolo
Account and Transaction Protocol of the Open Banking Standard
title Account and Transaction Protocol of the Open Banking Standard
title_full Account and Transaction Protocol of the Open Banking Standard
title_fullStr Account and Transaction Protocol of the Open Banking Standard
title_full_unstemmed Account and Transaction Protocol of the Open Banking Standard
title_short Account and Transaction Protocol of the Open Banking Standard
title_sort account and transaction protocol of the open banking standard
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7242052/
http://dx.doi.org/10.1007/978-3-030-48077-6_16
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