Digital identity management solution provider ForgeRock has announced the launch of its ‘Open Banking Accelerators’.
Aimed at those within the banking and payment ecosystem, including Third Party Providers (TPPs), ForgeRock said its solution will help “jumpstart” those needing compliance support with UK and open banking regulations.
ForgeRock developed the accelerators to support firms reduce production time, cost, complexity and help rid the risk of implementation errors when making their own APIs for open banking purposes.
The solution includes features such as reference architectures, configuration, code and documentation of API security whilst covering “key use cases” to meet UK open banking standard.
Furthermore the accelerators, which comply with the Open Banking OIDC security conformance test suite, spotlight a ‘mock bank’ to provide users the opportunity to install APIs and test “immediately”.
In consideration of PSD2, ForgeRock had already released its own sandbox-as-a-service (SaaS) testing site earlier this year.
