OSSF 2019 SPEAKER

GEORGE THROCKMORTON

MANAGING DIRECTOR, STRATEGIC INITIATIVES - NACHA

TALK

Open APIs for Payments

The idea of an "API" is second nature in open systems. The push to use open APIs in financial services has caused confusion as many financial institution offer their own proprietary APIs. Afinis is leading the charge in developing Open APIs for financial services with a focus on payments. In addition to the API, Afinis tackles the problem of authorized access to authentic information through its APIs. As part of Nacha, Afinis is able to bring together appropriate stakeholders and manage the rules around APIs as well as the technology. Similar to the mission of FINOS, APIs developed by Afinis can be used by anyone.