Showing posts from June, 2011

Beyond PSD2 for a Better Open Banking Expereince

PSD2 is acting as a catalyst in the digital transformation happening in the Banking industry. While meeting the compliance requirements of PSD2, financial institutes are excited to make use of the new business models and opportunities opened by this laid foundation. More the customers and partners we can reach, more the business activities and more the revenue. Making the banking functions more accessible and reactive will be a key enabler to provide a seamless experience to these parties, including internal banking staff whom directly affects the business efficiency.
IAM plays a critical role in improving business accessibility without compromising the system boundaries. PSD2 mandates strong customer authentication(SCA), setting the bar high for user authenticity, while keeping few exemptions, not to bother payment services user(PSU) with SCA for every little transactions. While adhering to this policy will make an institute PSD2 complaint, if they can react fast to the fraud rates…

A sample on calling WSO2 Identity Server functionalities through the API

This sample demonstrates how to authenticate a user and to allow that user to access authorized resources(services), using the API of WSO2 Identity Server (WSO2IS). Simply this simulates few functions without the GUI of the server.
After authentication, if user is authenticated having the role of 'admin', will have privileges to add or remove XACML policies, and evaluate them against sample requests. Following are the steps to be demonstrated.

Log into server after authentication Add a policy from local machine Read the enabled policy of the server Remove a policy Evaluate the enabled policy against a requestStart the Identity Server as explained in user guide. Just extracting the downloaded file, setting up JAVA_HOME environment variable and running .sh or .bat script according to your operating system.Open the downloaded project in your favorite IDE and add the plugins of the WSO2IS to the project dependencies. The plugins location will look like this at the end, …