Sep 30, 2021 01:28 PM IST
- Sep 25, 2021 08:59 PM IST
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.
- Sep 15, 2021 09:24 AM IST
No financial platform is without risk. But, as things stand now, the benefits of using account aggregators outweigh the risks
- Sep 13, 2021 05:38 PM IST
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.
- Sep 04, 2021 02:48 PM IST
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.
- Sep 02, 2021 06:04 PM IST
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.
- Sep 02, 2021 05:21 PM IST
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.
- Aug 26, 2021 12:11 PM IST
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.
- Jul 31, 2019 08:57 AM IST
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.