[KI-LC] [WG-InfoSharing] Fwd: Just announced: FDX and Kantara Initiative collaborate on open banking consent receipt framework

Colin Wallis Kantara colin at kantarainitiative.org
Wed Sep 25 19:04:25 UTC 2019


" Colin will be informing FDX about all the different things Kantara does "

Oh yes, he certainly will.. ;-).


On Wed, Sep 25, 2019 at 8:01 PM Andrew Hughes <andrewhughes3000 at gmail.com>
wrote:

> Big news! Kantara has entered into an agreement with FDX to promote the
> use of the Kantara Consent Receipt spec, and to implement into their
> OpenBanking API. Read on!
>
> So - now we will have a pool of very interesting adopters - financial
> institutions who connect via FDX. We don't have rights to directly contact
> or market to FDX members, however, Colin will be informing FDX about all
> the different things Kantara does - so we should all get a good profile
> uplift.
>
> andrew.
>
> *Andrew Hughes *CISM CISSP
> *In Turn Information Management Consulting*
>
> AndrewHughes3000 at gmail.com
> *https://www.linkedin.com/in/andrew-hughes-682058a
> <https://www.linkedin.com/in/andrew-hughes-682058a>*
>
> ---------- Forwarded message ---------
> From: Kantara Initiative <colin at kantarainitiative.org>
> Date: Wed, Sep 25, 2019 at 10:43 AM
> Subject: Just announced: FDX and Kantara Initiative collaborate on open
> banking consent receipt framework
> To: <andrewhughes3000 at gmail.com>
>
>
> Read the full release and download the infographic.
> [image: Read the full release and download the infographic.]
> [image: Kantara Initiative]
> <https://t.e2ma.net/click/r4bj9c/vfbxtj/74eaim>
> *FDX and Kantara Initiative collaborate on open banking consent receipt
> framework *
> *Agreement pairs Kantara’s Consent Receipt specification with FDX’s open
> banking use cases and API standards to support enhanced financial data
> traceability*
> * RESTON, Va. – September 25, 2019 – *The Financial Data Exchange (FDX)
> <https://t.e2ma.net/click/r4bj9c/vfbxtj/nxfaim> and Kantara Initiative
> <https://t.e2ma.net/click/r4bj9c/vfbxtj/3pgaim>, two respected members of
> the digital standards and privacy community, have agreed to a collaboration
> through the pairing of each party’s technologies and frameworks that will
> advance the interests of a fairer, safer ecosystem to support the digital
> economy.
> Under the agreement, FDX will acknowledge that Kantara’s Consent Receipt
> specification <https://t.e2ma.net/click/r4bj9c/vfbxtj/jihaim> to create
> records of user-granted authority to process personal information in the
> context of financial data sharing as the premier global consent receipt
> specification. Kantara will promote the FDX API standard for interoperable
> open banking – including its open banking consent receipt profiles – as the
> premier global standard for secure consumer financial data sharing. The
> Consent Receipt’s progress to international standardization has been
> greatly assisted by API development and early adopter deployment.
> “FDX couldn’t be more pleased to work with Kantara to help protect the
> integrity of the process consumers use to grant access to their personal
> financial information,” said Don Cardinal, FDX managing director. “With the
> mutual recognition of our standards as the best practices in our respective
> domains, we’re in a position to keep the financial services ecosystem at
> the vanguard of protecting consumer digital identity and privacy.”
> Through the FDX API, technical frameworks and a commitment to the five
> principles of consumer control, access, transparency, traceability and
> security of financial data, FDX is working to unite the financial industry
> around a single, interoperable and royalty-free standard for secure and
> convenient consumer and business access to their financial data.
> Kantara is a community of individuals and organizations with a common
> societal purpose to give control of personal data back to people through
> specification and conformance scheme development focused on digital
> identity and privacy. It is the only organization focused on both privacy
> and digital identity.
> "Kantara’s and FDX’s missions are synergistic, especially in our advocacy
> for data traceability” said Colin Wallis, executive director, Kantara
> Initiative. “The Consent Receipt specification
> <https://t.e2ma.net/click/r4bj9c/vfbxtj/zaiaim> is a strategic commitment
> – and we expect it to be the first in a range of developments using
> Kantara’s leading-edge global specifications and assurance services. It’s
> solutions like this that bring us forward, increase velocity in the digital
> economy and ultimately give people more confidence in the security and
> control of their data.”
>
> *About FDX*
> Financial Data Exchange, LLC (FDX) is a non-profit organization dedicated
> to unifying the financial industry around a common, interoperable,
> royalty-free standard for secure and convenient consumer and business
> access to their financial data. FDX empowers consumers through its
> commitment to the development, growth and industry-wide adoption of the FDX
> API, according to the principles of control, access, transparency,
> traceability and security. Membership is open to financial institutions,
> fintech companies, consumer advocacy groups, and other industry
> participants. FDX is an independent subsidiary of FS-ISAC. For more
> information and to join, visit www.financialdataexchange.org.
> <https://t.e2ma.net/click/r4bj9c/vfbxtj/f3iaim>
>
> *About Kantara Initiative*
> The Kantara Initiative is the leading global community commons improving
> trustworthy use of identity and personal data through innovation,
> standardization and good practice. Kantara nurtures ground-breaking R&D,
> develops specifications and operates conformity assessment programs for the
> digital identity and personal data ecosystems. Kantara provides its coveted
> eID assisting Identity Assurance Trust Mark and groundbreaking
> specifications for User Managed Access,
> <https://t.e2ma.net/click/r4bj9c/vfbxtj/vvjaim> and the privacy enabling Consent
> Receipt <https://t.e2ma.net/click/r4bj9c/vfbxtj/bokaim>. More information
> is available at https://kantarainitiative.org/
> <https://t.e2ma.net/click/r4bj9c/vfbxtj/rglaim>.
> Download the infographic <https://t.e2ma.net/click/r4bj9c/vfbxtj/78laim>
> Read the release online <https://t.e2ma.net/click/r4bj9c/vfbxtj/n1maim>
>
> You can keep up with the latest press releases and news coverage at
> KantaraInitiative.org <https://t.e2ma.net/click/r4bj9c/vfbxtj/3tnaim>
> <https://t.e2ma.net/click/r4bj9c/vfbxtj/jmoaim>.
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