Ping Identity Achieves FAPI-CIBA Certification to Help Companies Gain Financial-Grade Security and a Better Customer Experience
Ping Identity Holding Corp. (PING)
Last ping identity holding corp. earnings: 3/4 04:10 pm
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Source: Business Wire
DENVER--(BUSINESS WIRE)--Ping Identity (NYSE: PING), the Intelligent Identity solution for the enterprise, showcases a continued commitment to open standards through the achievement of the Financial-grade API Client Initiated Back-Channel Authentication (FAPI-CIBA) certification. This certification enables enterprises to improve the consumer experience during authentication and authorization for financial transactions.FAPI-CIBA is a security and interoperability standard from the OpenID Foundation for financial, insurance, healthcare, and other industries that require stronger API security when doing business with customers. Ping Identity is one of five identity security vendors – and the first enterprise-class vendor – to achieve the new Open Banking certification.FAPI-CIBA is an authentication flow that improves the user experience by streamlining how users give digital consent when engaging with an enterprise. It decouples the interaction between devices people use to authentic
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