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 ...

SBI MD warns about single-consent risks in AA.Users often approve without reading crucial details.Industry urged to build ...

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 ...

SBI MD warns of potential ban on Account Aggregator due to inadequate customer safeguards and lack of understanding of ...

India’s top banks five years ago built the interoperable UPI rails and enabled over 150 million people in the South Asian market to pay digitally. Scores of firms -- including local firms Paytm, ...

Remember the “good” old days when one needed to furnish copies of bank statements to avail financial services? It’s safe to say we’ve come a long way since then – for the most part, at least. Today, ...

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.

PB Financial Account Aggregator Private Limited (PBAA) received Certificate of Registration (CoR) from the Reserve Bank of India (RBI) on October 21 With this, it can carry on the business of a ...

PhonePe Group, which recently received the NBFC-AA license from RBI, announced the launch of its Account Aggregator (AA) services through its wholly-owned subsidiary PhonePe Technology Services Pvt ...