Business View Oceania | September 2020

10 BUSINESS VIEW OCEANIA SEPTEMBER 2020 addition of the Pushed Authorization Request (PAR) draft standard to the specification enables data recipients to confidentially update an existing arrangement via an API call. Version 1.4 of the CDR specification also adds the ability for data holders to display joint accounts during the authorisation step of the data sharing flow. The previous version only showed accounts where the individual user had sole ownership, which could be confusing to the consumer. Additional new features of the Ping Identity sandbox environment include: • Added support for PAR and PAR validation requirements • Added support for the cdr_arrangement_id • Updated OpenID Connect Metadata description • Updated Introspection Endpoint to include the CDR Arrangement ID claim • Added sample Kubernetes deployment • Enhanced Postman testing harness Mark Perry, APAC Chief Technology Officer, Ping Identity, said, “As the CDR evolves, Ping Identity will continue to be at the forefront of the changing specification. We are delighted to be the first company to provide a sandbox aligned to the 1.4 specification. The magnitude of the changes to this version of the sandbox highlights the significant effort involved in staying abreast of updates to the CDR.“ For tier one banks and large financial institutions, CDR-compliant data sharing was previously required to be in place by July 1, 2020. However, due to the pressures caused by the COVID-19 pandemic, tier two banks and smaller firms have been granted an extension until July 2021. To see the Ping Identity CDR Sandbox, visit https://www.pingidentity.com/en/lp/australian- open-banking.html . For more information, visit www.pingidentity.com . As the CDR evolves, Ping Identity will continue to be at the forefront of the changing specification