Hi guys, As some of you may know we on the Agile Banking list have been working on a very simple OAuth based api for general purpose financial transactions called Open Transact.
http://wiki.github.com/opentransact/opentransact/opentransact The main concept is that a financial transaction should itself just be a simple HTTP POST request. All other complexities should be handled by URL structure and parameters on the OAuth AccessToken. The first implementation of this is at http://nubux.heroku.com, which is completely open source. We have a use case where an independent company operates a payment card that could in theory work with any OpenTransact based bank. The basic idea is that the payment card controls an AccessToken and the issuer manages the communication between say the VISA network and the bank. The initial idea is described in this message: http://groups.google.com/group/agile-banking/browse_thread/thread/160fa389154b4f3d# Anyway I just launched CapCard which is a proof of concept version of the above payment card use case. Rather than a real card it is just a silly web simulation, but it works the same. You link your virtual card to Nubux using the OAuth dance. After that you can "withdraw" money and see recent transactions. CapCard is here: http://capcard.heroku.com If you are interested in OAuth with financial applications, please join the Agile Banking mailing list: http://groups.google.com/group/agile-banking P -- http://agree2.com - Reach Agreement! http://extraeagle.com - Solutions for the electronic Extra Legal world http://stakeventures.com - Bootstrapping blog --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "OAuth" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/oauth?hl=en -~----------~----~----~----~------~----~------~--~---
