AA – SysArc Infomatix: Digital lending platform offering automation, digitization, and access to FinTech services

Account Aggregators-not quite there yet

Raghu SA — Fri, 25 Feb 2022 05:32:25 +0000

2016: RBI approves a new class of non-banking financial companies to function as Account Aggregators (AA) to extract, aggregate, and transfer financial data with the express consent of users. 2019: Personal Data Protection Bill 2019 (PDPB) introduced in the Indian parliament to provide the legal backbone for AAs. 2020: PDPB yet to come into force,…

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The neo-kids in town

Raghu SA — Wed, 11 Mar 2020 09:57:24 +0000

The current buzz in fintech is around Neo Banks and Account Aggregators (AA). Investor interest in Neo banks especially, seems to have spiked with about 8 players raising over $90 million in recent times. As for AAs, the news is that RBI regulations are getting in place and in-principle approval has been accorded to about…

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