✍️ Event-Driven Architecture for Open Banking AWS

  

🚀 Introduction

Modern banking cannot rely on synchronous processing alone.

Real-time banking events require event-driven architectures.

AWS provides several services that enable scalable event-driven banking systems.

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Banking Events

Typical events include:

• Account created
• Consent granted
• Payment completed
• Transaction processed
• Suspicious activity detected

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🌍 Real-World Use Case

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☁️ AWS Services

Event Processing

• Amazon EventBridge

Messaging

• Amazon SNS
• Amazon SQS

Notifications

• Amazon SNS

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🔒 Security Best Practices

✅ Event encryption

✅ Signed event payloads

✅ Dead-letter queues

✅ Audit logging

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🎯 Conclusion

Event-driven architecture allows banks to process transactions, fraud checks, and notifications in real time.

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✍️Security, Monitoring & Compliance in Open Banking

Security is the most important pillar of Open Banking.

Banks must secure:

• Customer information
• Payment transactions
• Consent records
• Third-party access

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🔄 Security Monitoring Flow

AWS Security Architecture

Identity & Access

• AWS IAM
• Identity Providers
• Cognito

Threat Detection

• Amazon GuardDuty
• AWS Security Hub

Compliance

• AWS Config
• AWS CloudTrail

Encryption

• AWS KMS
• Secrets Manager