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 ...

Four private-sector lenders IndusInd Bank, HDFC Bank, ICICI Bank and Axis Bank are likely to go live with the account aggregator (AA) framework by July, according to a news report. The AA framework ...

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 ...

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 ...

The Financial Services Technology Consortium, a group of financial institutions and service providers, is launching a pilot program to prove the feasibility of the next-generation of account ...

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.

State Bank of India (SBI) managing director Ashwini Kumar Tewari has said most customers do not read the fine print and sign up for Account Aggregation without understanding the details. Tewari, who ...

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 ...

After reading some incredible publicized projections on the adoption of account aggregation, banks and other financial institutions are lining up to become part of this new paradigm. However, there s ...

SBI managing director Ashwini Kumar Tewari on Wednesday expressed concerns over Account Aggregator's mechanism of obtaining a single consent from customers for all financial services products.