Open Bank Project API
The Open Bank Project is an open-source platform that provides a secure and standardized way for banks and fintech companies to access and share banking data and services, enabling innovation and collaboration. APImetrics observer agents monitor APIs under the apisandbox.openbankproject.com domain in our PSD2 Institutions collection.
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Key Open Bank Project API Resources
Domain: apisandbox.openbankproject.com
DNS Nameserver Host: Akamai Technologies, Inc.
Developer Site: https://apiexplorersandbox.openbankproject.com/?tags=
Postman Collection: TBD
API Docs: TBD
Open API Specification: TDB
Latest Open Bank Project News
API Performance Highlights
This week, we start off our API performance highlights reel with something that’s been stumping us here at the office: Bank of Ireland UK. Bank of Ireland, which can be found in the Open Banking UK Open Data collection, was in the Red Zone last week with a CASC score of 4.49. What happened? The […]
API Performance Highlights: Back to the Grind
We don’t know how else to tell you that API performance is everything. But just the same, here’s a stat that will blow your mind: $92 billion is lost each year to poor API performance. Yes, billion with a B. You can find out more from our latest infographic. In the meantime, let’s get into […]
API Performance Highlights: Shout-out to Dept of Energy!
Let’s take a look at this week’s API performance highlights. Box in the Corporate Infrastructure collection decreased by 10% from 9.62 (in the Green Zone) to 8.63 (still in the Green Zone). This was due to two peaks in server processing time affecting all monitored endpoints. Starting on the 20th of August, latency rose peaking […]
In 2010, Simon Redfern and Ismail Chaib founded The Open Bank Project – an open-source platform. With the aim of providing banks and fintech companies with a secure, standardized way to access, as well as exchange banking information along with other financial facilities, this platform has been developed. Having originated in London, UK, The Open Bank Project has since expanded to cater to clientele spanning 30+ countries.
The Open Bank Project has transformed into a prominent open banking solutions provider since its inception. The company created a range of APIs and additional tools allowing banks and fintech companies to develop innovative products and services. Clients can customize their solutions on the Open Bank Project’s flexible and scalable platform to meet their specific needs.
The Open Bank Project aims to further expand its offerings and reach in the future. The aim of the organization is to extend its presence in significant markets worldwide and enhance collaborations with banks and fintech firms.
A microservices architecture underlies the infrastructure of the Open Bank Project, providing enhanced flexibility and scalability. The range of APIs employed by the platform allows clients to access and share banking data and services. The Open Bank Project employs certain APIs, including:
Accessing account information like balances, transactions, and details of the account holder is what APIs for accounts do.
Clients may use Payment APIs to start or get paid securely.
APIs for authentication assist clients in managing user authentication and access control.
To safeguard client data, the Open Bank Project has implemented several protocols and considers security a top priority. Encryption, firewalls and multi-factor authentication are utilized for securing data. At present, the business has not undergone any considerable breaches or security occurrences.
To maintain reliable operations, the Open Bank Project places great importance on API performance. The company has enacted measures to guarantee high availability. The measures encompass load balancing, failover mechanisms, and monitoring tools.
The Open Bank Project hasn’t undergone any considerable downtime recently. Still, the firm has adopted multiple measures for disaster recovery and continuity of operations. The availability and reliability of its platform is ensured by taking these measures during outages or disruptions.
Open Banking PSD2 Sandboxes API Providers
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