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9 Results Found
  • What is the Account Aggregator Framework? Sep 30, 2021 01:28 PM IST

    What is the Account Aggregator Framework?

  • In a first, FinBox goes live with integration of AA ecosystem Sep 25, 2021 08:59 PM IST

    In a first, FinBox goes live with integration of AA ecosystem

    AA is a robust data-sharing system that empowers consumers with greater control over their financial data and seamlessly shares the same with financial institutions within the AA network.

  • Should you worry about data security while sharing financial information via account aggregators? Sep 15, 2021 09:24 AM IST

    Should you worry about data security while sharing financial information via account aggregators?

    No financial platform is without risk. But, as things stand now, the benefits of using account aggregators outweigh the risks

  • Account Aggregator framework takes off: Over 10,000 accounts linked; 14,000 consent requests served Sep 13, 2021 05:38 PM IST

    Account Aggregator framework takes off: Over 10,000 accounts linked; 14,000 consent requests served

    The AA ecosystem awaits more banks to go live on the network to achieve its full potential. Even as use cases are expected to evolve extensively, players do not see this as a huge threat to credit bureaus.

  • Explained | Account aggregator system goes live: What is the way ahead? Sep 04, 2021 02:48 PM IST

    Explained | Account aggregator system goes live: What is the way ahead?

    Account Aggregator participants believe that a viable commercial model and collaborative effort will bring the UPI moment in other financial products like lending and wealth management.

  • Nandan Nilekani says Account Aggregator framework can democratise credit, reform healthcare access Sep 02, 2021 06:04 PM IST

    Nandan Nilekani says Account Aggregator framework can democratise credit, reform healthcare access

    Nilekani said that digital footprints from account aggregators when properly used, empowered by consumers using their own data, will enable a huge amount of credit to small businesses.

  • Financial information providers to see the value in account aggregator framework: M Rajeshwar Rao, RBI Dy Gov Sep 02, 2021 05:21 PM IST

    Financial information providers to see the value in account aggregator framework: M Rajeshwar Rao, RBI Dy Gov

    Account Aggregators (AAs) are licensed entities by RBI that act like a bridge to collect data from Financial Information Providers (FIP) like banks and share the data with Financial Information Users (FIU) like lending fintechs or wealth-management companies.

  • PhonePe receives in-principle approval from RBI to operate as account aggregator Aug 26, 2021 12:11 PM IST

    PhonePe receives in-principle approval from RBI to operate as account aggregator

    The licence will enable the free and instant exchange of financial data between the Financial Information Users (FIUs) and Financial Information Providers (FIPs) with due consent from customers.

  • How account aggregators simplify sharing of financial data and reduce processing time Jul 31, 2019 08:57 AM IST

    How account aggregators simplify sharing of financial data and reduce processing time

    Account aggregators will help individuals have a single financial view of their money life and share with their financial advisors and banks in a safe and secure manner.

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