open ID banner

Digitify is Meeting the Highest Standards of Security and Compliance for Open Banking APIs with OpenID Certification

October 16, 2024

Digitify has achieved OpenID Certification – strengthening the security and compliance of its financial technology 

 

Lahore, October 2024Digitify, a leading provider of innovative fintech solutions, proudly announces its latest achievement: OpenID Certification for its Financial-grade API (FAPI). This certification, granted by the OpenID Foundation, confirms that Digitify’s solutions meet the highest global standards for security, privacy, and interoperability in financial services.

 

FAPI certification is a prestigious recognition for APIs used in financial applications, ensuring that they provide the level of security and compliance required by regulatory frameworks like PSD2 and Open Banking. This achievement is a testament to Digitify’s commitment to delivering state-of-the-art, secure, and scalable solutions to financial institutions, FinTechs, and businesses worldwide.

 

We are proud to achieve OpenID Certification,” said Bilal Waheed, VP of Products & Delivery at Digitify. “This certification reinforces our position as a trusted partner for financial institutions, providing secure and compliant solutions that meet global standards. Our Financial-grade APIs will enable our partners to accelerate digital transformation while ensuring top-tier security for sensitive financial data.” 

 

What OpenID Certification Means for Digitify and Its Clients 

 

The OpenID certification offers several key benefits to iour partners and clients: 

  • Unmatched Security: Ensures that sensitive financial data and transactions are protected against unauthorized access and potential threats. 
  • Regulatory Compliance: Digitify’s solutions align with PSD2 and Open Banking requirements, ensuring compliance with regulatory frameworks across different markets. 
  • Interoperability: The certification confirms that Digitify’s APIs are interoperable with a wide range of financial platforms and applications, making it easier for clients to integrate them into existing systems. 
  • Building Trust: Achieving this certification further enhances Digitify’s reputation as a leader in fintech innovation, demonstrating its commitment to privacy, data protection, and reliability. 

 

Empowering the Future of Finance with Open Banking & Embedded Finance 

 

As a key player in Open Banking and Embedded Finance, Digitify’s certified Financial-grade APIs will empower businesses to deliver personalized, secure, and seamless customer experiences 

We believe that OpenID Certification is a significant milestone that will not only help us grow but will also allow our partners to innovate with confidence. This achievement aligns with our mission of shaping the future of finance through cutting-edge technology,” added Bilal Waheed. 

 

About Digitify 

 

Digitify is a global technology innovator, dedicated to building solutions that empower businesses across industries. With a presence in the UAE, Saudi Arabia, Pakistan, and the US, we are committed to transforming how organizations leverage technology to stay ahead in an ever-evolving world. From digital transformation and AI-powered automation to seamless customer experiences, we help companies streamline processes, enhance productivity, and create scalable solutions tailored to their unique needs. Our expertise spans across digital onboarding, cloud integration, compliance, and real-time data solutions, ensuring that your business thrives with cutting-edge technology. By combining our deep industry knowledge with innovative tech solutions, we empower you to achieve sustainable growth and success in a digital-first world. 

 

Meet us in person: Seamless Saudi Arabia 2024 

Visit our website: www.digitify.com. 

or connect with us on LinkedIn.