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 ...
Advisors wanting to grow their business often feel they lack the time or money to do so. Over the past several years, heightened regulatory and compliance requirements have complicated matters, ...
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 ...
The Reserve Bank Information Technology Private Limited (ReBIT) has released APIs and technical standards that the Account Aggregator service providers will have to adhere to, in order to ensure ...
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 ...
Sahamati CEO B.G. Mahesh says incentives like fee waivers and faster loan approvals could drive mass adoption of the Account ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. HDFC, Kotak, ICICI, Axis, SBI, IndusInd, IDFC and Federal have ...
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 ...
Banks are rethinking their investments in technology now that the days of the "blank check" are gone. As banks examine their IT budgets, peripheral technologies, those that lack a specific return on ...
First Interstate BancSystem Inc. is joining the growing pack of banks and brokerage firms that use online account aggregation technology, which lets customers log on to a single screen to access data ...
CircleBlack, an online account aggregator and wealth management platform, expanded its mobile offering Tuesday with a new app for Android devices. CircleBlack pulls together all of a client’s accounts ...
TradePMR Inc., a small, privately held brokerage firm located in Gainesville, Florida, is holding its annual user’s conference this week. To drum up some buzz in conjunction with the show, today it ...