Account Aggregators – Digitizing Transactions
What is an Account Aggregator? Account Aggregator (AA) is a compilation of all the Financial data from bank accounts, credit cards, any investment accounts and other accounts in one place. Currently, the same can be pulled out through the help of an API, etc. AA will help consumers to share all financial data […]
OPEN BANKING- Is India ready to enter banking 2.0?
What is open banking? Open banking is nothing but a payment system that works on an application programming interface (API). Let’s understand it better with the help of an example. In India, how long does it take to open a new bank account? How many times do you need to verify your documents? […]