Sahamati’s role in building the AA ecosystem recently got validated, when Niti Aayog, in its Expert Committee Report on Online Dispute Resolution (ODR), acknowledged Sahamati model as a potential model that a proposed SRO for ODR can adopt. The NITI Aayog Expert Committee on ODR published a report in October 2021 (Designing the Future of […]
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Pragati – The SAHAMATI Newsletter – December 2021
We will be sending our monthly newsletter to all our members and those interested in the account aggregator framework. Contact us if you would like to receive our newsletter by email. (more…)
Account Aggregator Ecosystem Map – December 2021
The infographic shows the following players from the account aggregator ecosystem, Account Aggregators Technology Service Providers FIPs and FIUs Entities indicated in the outer band are those that have either gone live or are in an advanced stage of testing with AAs. For the current list of all entities engaged with the AA ecosystem, please […]
Account Aggregator Master Direction updated on Oct 5, 2021
The Reserve Bank of India released the updated version of Master Direction- Non-Banking Financial Company – Account Aggregator (Reserve Bank) Directions, 2016 on October 5, 2021. The previous version was released on November 22, 2019. Notable changes in the current version are, 3. Definitions viii (a). “Dividend Payout Ratio” means the ratio between the amount […]
Open House for Technology Service Providers of the Account Aggregator Ecosystem – Oct 2021
On October 1, 2021, Sahamati held an open house for the technology service providers (TSPs) of the AA ecosystem. TSPs have played an important role in the implementation of the AA Standards. TSPs are the force multipliers for the AA ecosystem. In 2019 we had a handful of TSPs. Over the last year, we have […]
Account Aggregators – Making Investing and Borrowing Simpler
Despite the immeasurable humanitarian impact that COVID-19 has had on the world, it is hard to ignore its contribution to the massive digital disruption that is changing the way we work and do business. Companies that are well-positioned to leverage the shift towards remote working, digital payments and online shopping are witnessing their top-lines rise […]
Account Aggregator Ecosystem Map – August 2021
The infographic shows the following players from the account aggregator ecosystem, Account Aggregators Technology Service Providers FIPs and FIUs You can download the infographic here. Please feel free to use this infographic without making any alterations. September 2, 2021: Account Aggregator Ecosystem Go-Live (more…)
Account Aggregator Ecosystem Go-Live
iSPIRT hosted a virtual launch of the industry-wide Account Aggregator (AA) ecosystem on September 2, 2021. The event announced the major financial institutions that have gone live, and demonstrates the powerful use cases of AA. It is a major milestone for the AA framework for consented data access and sharing in the financial sector. Related […]