The financial year 2020-21 has just ended, it was a very important year for all of us, we made significant progress to get the AA ecosystem to where it is today in spite of the pandemic. Each of us was quick to adapt to the new work environment (full-time WFH for many months!) to work […]
Account Aggregator Community Event Panel Discussion: How will data drive the next generation of Digital Finance?
Amit Goel (Cofounder, Medici) moderated the panel discussion. The expert panel consisted of Saurabh Nigam (CTO, DMI Finance), Manish Bhatia (President – Lendingkart Technologies), Srikanth Rajagopalan (CEO, Perfios AA), and Arjun Singh (Managing Director, Asia, Yodlee). Importance of Data Authenticity (2:50s) Authentic and accurate data is the foundation of all the innovations in digital finance. […]
Account Aggregator Community Event Panel discussion: ‘Open banking and its impact on Indian consumers’
Lars Markull moderated the panel discussed. The expert panel consisted of Anjani Rathor (Chief Digital Officer, HDFC Bank), Bijith Bhaskar (National Head, Digital Banking, Partnerships and e-commerce, ICICI Bank), Sameer Shetty (Head, Digital Business and Transformation, Axis Bank), Anshuj Sahaya (Business Head, Business Loans – Direct at Bajaj Finserv), and Raveesh Bhatnagar (SVP and Head […]
Open Banking in India gets a significant boost with early adopters getting Certified on the Account Aggregator ecosystem
Bangalore, January 3, 2020. DigiSahamati Foundation (or Sahamati) announced the go-live of the first wave of early adopters in the Account Aggregation (AA) eco-system in the first-ever AA community event on December 28, 2020. These early adopters are Axis Bank, HDFC Bank, ICICI Bank, Indusind Bank, Bajaj Finserve, DMI Finance. The account aggregator framework empowers […]
Unified Nominations Register (UNR) with Account Aggregator Framework
Retail investors in India have various options to make investments to get better returns, such as equities, mutual funds, pension funds, and fixed deposits. Each of these assets provides an option to nominate a beneficiary who will receive the proceeds in the event of an investor’s unfortunate demise. However, the nomination process is neither uniform […]
Results of Sahamati Account Aggregator Hackathon 2020
To celebrate the first anniversary of Sahamati, a 4-week long hackathon was held starting in July. A total of 85 teams were formed constituting of 372 members from 9 time zones! We were expecting 20 decent projects. We underestimated the enthusiasm, we got 46 superb submissions! Our esteemed panel of judges shortlisted 10 projects for […]
OCEN & Account Aggregators will change digital lending in India
On 22nd July at the Global Fintech Festival 2020, Nandan Nilekani announced the launch of the Open Credit Enablement Network (OCEN), which would mark the beginning of a new age for financial inclusion in India. Working in tandem with the Account Aggregator framework, this extension of our public digital infrastructure will help to democratise credit […]
Sahamati AA Hackathon 2020 – Projects List
Sahamati organised the first-ever Account Aggregator Hackathon in India, starting on July 4, 2020, in partnership with Devfolio. We have had thousands of participants from across the country come together to learn and build solutions to enable the success of this new paradigm for data governance in India. While the winners will be publicly announced […]