FAPI dan API Tingkat Finansial

Welcome to a dive into Financial-grade API (FAPI)! FAPI isn't a new protocol, but a security profile built on top of OAuth2 and OpenID Connect.

It's designed for applications that handle highly sensitive data, especially in the financial sector. Think online banking, payment initiation, or sharing account information securely.

Standard OAuth2 and OpenID Connect are flexible, but this flexibility can expose vulnerabilities when dealing with critical financial data.

FAPI introduces stricter rules and mandatory security mechanisms to ensure a higher level of trust and protection. It's about 'security by design' for high-risk scenarios.

FAPI focuses on three main areas to enhance security:

• Stronger Client Authentication: Ensuring the client application is truly who it says it is.
• Sender-Constrained Tokens: Making sure access tokens can only be used by the legitimate client.
• Request Integrity: Protecting authorization requests and responses from tampering.

One of FAPI's key enhancements is the mandatory use of Mutual TLS (mTLS) for client authentication.

Unlike regular TLS where only the server proves its identity, mTLS requires both the client and the server to present and verify cryptographic certificates. This provides much stronger assurance of the client's identity.

FAPI mandates Pushed Authorization Requests (PAR). Instead of sending all authorization request parameters via the browser redirect, the client first 'pushes' them directly to the Authorization Server's PAR endpoint.

The server then returns a unique request_uri. This URI is what the client then uses in the browser redirect. This protects sensitive parameters from being exposed in browser history or logs.

Here's a simplified view of the PAR flow:

1. Client (App) sends authorization parameters (like scope, client_id) to Auth Server's PAR endpoint.
2. Auth Server validates parameters, stores them, and returns a request_uri.
3. Client (App) redirects the user's browser to the Auth Server's authorization endpoint, including only the request_uri.
4. Auth Server retrieves the stored parameters using the request_uri and continues the flow.

FAPI often recommends or mandates Demonstrating Proof-of-Possession (DPoP). DPoP cryptographically binds an access token to a client's private key.

When the client uses the access token to access a resource, it must also provide a signature created with its private key. This ensures that even if an access token is stolen, it cannot be used by an unauthorized party, as they won't have the corresponding private key.

FAPI is a cornerstone of many Open Banking initiatives around the world, such as the UK's Open Banking Standard and Australia's Consumer Data Right.

It provides the necessary security framework to allow third-party applications to securely access customer financial data with explicit consent, fostering innovation while maintaining high trust.

In summary, FAPI adds several critical requirements beyond standard OAuth2/OIDC:

• Mandatory mTLS for client authentication.
• Mandatory Pushed Authorization Requests (PAR).
• Stronger token binding (e.g., DPoP) to prevent token exfiltration.
• Requirement for signed authorization requests and responses.
• Stricter algorithm requirements for cryptographic operations.

You've explored FAPI, a critical security profile for high-risk APIs, especially in finance. It enhances OAuth2 and OIDC with stronger client authentication (mTLS), secure request handling (PAR), and token binding (DPoP).

By enforcing these robust measures, FAPI enables secure and compliant data sharing, paving the way for innovations like Open Banking without compromising user trust.