OAuth 2.0
TechnologyOpen Authorization 2.0
Definition
OAuth 2.0 is an industry-standard protocol for authorization that enables third-party applications to obtain limited access to user accounts. In Open Banking, OAuth 2.0 is used as the foundation for secure API access and customer consent flows.
Related Terms
Frequently Asked Questions
What is Open Authorization 2.0?
OAuth 2.0 is an industry-standard protocol for authorization that enables third-party applications to obtain limited access to user accounts. In Open Banking, OAuth 2.0 is used as the foundation for secure API access and customer consent flows.
What does OAuth 2.0 stand for in Open Banking?
OAuth 2.0 stands for Open Authorization 2.0. It is a fundamental concept in Open Banking and PSD2 regulations. OAuth 2.0 is an industry-standard protocol for authorization that enables third-party applications to obtain limited access to user accounts. In Open Banking, OAuth 2.0 is used as the foundation for secure API access and customer consent flows.
More Technology Terms
API
Application Programming InterfaceAn Application Programming Interface is a set of routines, protocols, and tools for building softwar...
API Data
API Data is data made available to an API User or a TPP through the APIs. This includes account info...
Open API
Open API / Public APIAn Open API or Public API is a free-to-use, publicly available application programming interface tha...
Read/Write API
Read/Write APIs enable third party providers, with the end customer's consent, to request account in...
OpenID Connect
OpenID Connect is an identity layer built on top of OAuth 2.0. It allows clients to verify the ident...
CIBA
Client Initiated Backchannel AuthenticationClient Initiated Backchannel Authentication (CIBA) is an authentication flow that enables a client a...
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