Account aggregation seemed almost too good to be true when it debuted in the late 1990s. The service, also known as screen scraping, was considered the key to making one-stop online shopping for ...

Whatever happened to account aggregation? You remember account aggregation? It was the magical land where investors would be able to see all their holdings, their mortgage equity, and frequent flyer ...

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 ...

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 ...

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, ...

Account aggregators or AAs are changing the way Indians share financial information with lenders, fintechs, and investment platforms. Instead of uploading bank statements or income proofs, you can ...

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 ...

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 ...

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 ...

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 ...