WSO2 Open Banking has undergone several feature enhancements over the past couple of months. Many of them focus on the Open Banking UK API standard. This session will take you through the feature enhancements and discuss what lies ahead for WSO2 Open Banking.

1. What’s new in WSO2 Open Banking
Amalka Subasinghe
Technical Lead
WSO2 Open Banking Team

2. Agenda
• Introduction of WSO2 Open Banking
• What is included in v1.3.0
• Deployment Options
• WSO2 Open Banking Documentation
• OBIE Conformance
• Sandbox Environment
• Steps to meet the RTS deadline in September

3. WSO2 Open Banking - In Action

4. API templates that support Open
Banking UK, The Berlin Group, and
STET, Australia CDR API specifications
Built-in API Security including OAuth2
and certificate validation
Strong customer authentication,
adaptive authentication, and user
consent management
Fraud detection and transaction risk
analysis
Key Features
API analytics & business insights with
dashboards
Integration points to core banking
systems
General Data Protection Regulation
(GDPR) compliant solution
Built on top of the WSO2 Platform
making it easily extendable for digital
transformation initiatives beyond open
banking

5. Objectives of v1.3.0
- Support banks to achieve the March deadline
- Revised Roadmap
- API Release Management Policy

6. What is included in v1.3.0
• Full adherence to the UK specification v3.1
– Read/Write APIs
• Account and Transaction API Specification
• Payment Initiation API Specification
• Confirmation of Funds API Specification
• Event Notification API Specification
– Security Profile
• Dynamic Client Registration & Manual Client Registration
• Open Banking Security Profile
– Customer Experience Guidelines
– Operational Guidelines
Release Note

7. Other Features
• Berlin Group NextGenPSD2 Specification v1.1
• STET Specification v1.4
• UK Specification support for previous versions - v1.1, v2.0
• Transaction Risk Analysis
• Fraud Detection
• Consent Revocation Apps

8. Packaging Changes from v1.3.0
wso2ob-am-2.6.0
wso2ob-km-5.7.0
wso2ob-am-analytics-2.6.0
wso2ob-ei-6.4.0
wso2-obam-1.3.0
wso2-obkm-1.3.0
wso2-obbi-1.3.0
WSO2 Open Banking v1.2.0 WSO2 Open Banking v1.3.0

9. Standard Deployment
<<DMZ>> <<LAN>>
WSO2 OB
AM
WSO2 OB
KM
Core
Banking
System
Internal
Payment
Services
LDAP/AD/JDB
C
Any other
services
<<Internal Bank Network>>

10. <<DMZ>> <<LAN>>
WSO2
OB AM
WSO2
OB KM
Core
Banking
System
Internal
Payment
Services
LDAP/AD/JD
BC
Any other
services
<<Internal Bank Network>>WSO2
AM
Analytics
With Analytics

11. <<DMZ>> <<LAN>>
WSO2
OB AM
WSO2
OB KM
Core
Banking
System
Internal
Payment
Services
LDAP/AD/JD
BC
Any other
services
<<Internal Bank Network>>
WSO2
OB
BI
With Business Intelligence

12. <<DMZ>> <<LAN>>
WSO2 OB
AM
WSO2 OB
KM
Core
Banking
System
Internal
Payment
Services
LDAP/AD/JDB
C
Any other
services
<<Internal Bank Network>>
WSO2 EI
Integrator
WSO2 EI
BPS
Profile
With Integrator and Workflows

13. Documentation
https://wso2.com/wso2-documentation
https://docs.wso2.com/display/OB130/WSO2+Open+Banking

14. OBIE Conformance Certification
https://openbanking.atlassian.net/wiki/spaces/DZ/pages/126321042/Open+Ba
nking+Security+Profile+Conformance
https://docs.wso2.com/display/OB130/Running+the+Conformance+Suite

15. Set up a Sandbox Environment quickly
https://wso2.com/solutions/financial/open-banking/
openbankingdemo@wso2.com

16. Meeting the September Deadline
- UK v3.1.1
- UK v4
- Berlin Group NextGenPSD2 v1.3
- Australia CDR Specification
- Reference Implementation
- Conformance Suite

17. Additional Resources
Solution Roadmap
Webinar - Open Banking and PSD2: Are your APIs ready for external testing?
Blog - Meeting the March 2019 PSD2 Compliance Deadline with WSO2 Open Banking
More Information http://wso2.com/solutions/financial/open-banking/
Try out WSO2 Open Banking https://openbanking.wso2.com
Get in Touch openbankingdemo@wso2.com

18. THANK YOU
wso2.com