According to the RBI, an account aggregator is a data-sharing protocol between financial institutions. This includes banks, insurance companies, and NBFCs, among others Account aggregators are digital ...

To put it simply, account aggregators enable users to link their financial accounts, aggregating all financial details of the user in one place for easy access Banking data acquired via the account ...

Neobank Fi announced this week it is one of the first fintech companies to adopt the Reserve Bank of India’s (RBI) Account Aggregator (AA) framework. According to the regulations, companies must first ...

A new report from Sahamati and the India InsurTech Association, with support from KPMG in India, argues that India’s Account Aggregator (AA) framework can remove long-standing frictions in insurance ...

The Account Aggregators (AA) framework in India has been another revolution in the making. It is part of the larger India Stack. Just as it was quietly taking shape since 2016, it has also silently ...

The way people manage their finances in India has changed as a result of account aggregation, an innovative financial service that has experienced tremendous growth in recent years. The simplest ...

Sahamati Labs, the innovation arm of Sahamati, has partnered with Google Cloud India to integrate artificial intelligence (AI) into the country's Account Aggregator (AA) framework, launching an AI ...

State Bank of India Managing Director Ashwini Kumar Tewari expressed concerns over the Account Aggregator’s mechanism of obtaining a single consent from customers for all financial services products.

SBI MD warns customers may unknowingly authorise wide data access; urges fintech industry to build safeguards before regulators step in SBI managing director Ashwini Kumar Tewari on Wednesday raised ...

India’s financial sector is growing rapidly and building a national financial grid that connects elements such as credit bureaus, fraud registries, e-KYC facilities, UPI and account aggregator ...