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Special Interest Group

Announcing Open Finance, a New OpenAPI Special Interest Group

By Blog

OpenAPI has formed a Special Interest Group (SIG) for the purpose of identifying the API use cases and behaviors to empower Open Finance solutions in the near future.

Open Finance is the evolution of Open Banking, a relatively new innovation in the field of financial technology. This has been largely spurred by laws and regulations centered around customer data and transactions respectively in the UK and EU in 2016 and 2018-19. Other markets the world over are also beginning to develop solutions based on Open Finance… or at least have started following the developments closely.

With all this in mind, the OpenAPI Initiative (OAI) has created an SIG to support the adoption of APIs and help grow the digital infrastructure for this next evolution of banking and finance. The initial focus will be on serving financial organizations and their customers within the EU and European Economic Area as they rapidly develop solutions to comply with Payment Services Directive 2. As solutions are developed for Europe, they will become immediately applicable to other markets.

The OAI has named Refael Botbol Weiss (LinkedIn/Github) as the POC for the group. Email him at for information and inquiries about joining.

The initial steps will be to form a forum of experts in the world of development and finance to discuss the issues surrounding open finance implementation as well as the API behaviors necessary to facilitate Open Finance solutions. Additionally, the primary use cases of Open Finance technology will be discussed, which may include banks, credit unions, insurance companies, credit bureaus, real estate groups, financial planners, and/or others.

Participation in this SIG will be open to any member of the OAI. To sign up for the OAI, visit here.

For updates and more information about getting involved, click here.

Announcing the New OpenAPI Initiative Special Interest Group for Travel

By Announcement, Blog

Join OpenTravel and the OpenAPI Initiative Travel Workgroup on July 22, 2020, as we bring the focus to the European traveller. Click here to get the Zoom invite. To get all the latest updates and announcements, please click here and sign up for regular updates!

The travel industry relies on APIs. Connecting business among diverse industries like travel, tourism and hospitality, and representing an incredible array of companies that need to efficiently communicate and relay electronic information includes airlines, car rental firms, hotels, tour operators, travel agencies, technology companies and many more. 

With this in mind, the OpenAPI Initiative is creating a Travel Special Interest Group (SIG) to support the adoption of APIs and facilitate the digital transformation throughout the travel industry. 

The OpenAPI TravelSIG mission is to “enable and nurture the growth of API adoption, development and developers throughout the travel vertical through promotion of the OpenAPI Initiative.” It will meet as needed to discuss common challenges and solutions with the travel space as well as provide a single, unified voice in coordinating with the OAI’s technical steering committee as well as form on an ad hoc basis by request from the TSC, TOB or the BGB as requested by any of those bodies.

The Travel SIG will designate a point of contact to communicate with the governing board and other bodies within OpenAPI as needed.

Participation in the Travel SIG will be open to any member of the OAI. Participation from non-members – we like to say “soon-to-be members!” –  will be allowed on a case-by-case basis to provide relevant subject matter expertise and help serve as an outreach opportunity to bring on new members and adopters for OpenAPI Initiative.

Please join the Travel SIG! Click here to get the Zoom invite for the next meeting on July 22, 2020, and here and sign up for regular updates!