Account Aggregator Ecosystem Go-Live Event Media Coverage
20 Mar 2022
A list of articles published in various media which covered the topic of Account Aggregators of listed here.
- To enhance LendingKart’s digital lending experience, we integrated with Account Aggregator. We have clearly seen an improvement of 4-5% in conversion of AA enabled applications: Manish Bhatia, President, LendingKart
- The future of financial services in post-AA India will be absolutely something awe-inspiring – Nikhil Kurhe, Co-Founder Finarkein
- Account Aggregator ecosystem sees steady increase in accounts linked – Surabhi, BuisnessLine
- Account Aggregator will be the next big lever of growth for wealth management firms – Zee Business
- PhonePe, NITI Aayog announce FinTech Open Hackathon winners – Business Standard
- T R Alamelu, member of insurance regulator IRDAI, encouraged insurers to use the RBI’s account-aggregator platform – Times of India
- Finance Minister Nirmala Sitharaman to banks: Join account aggregator network
- वित्त मंत्री ने सभी बैंकों से एकाउंट एग्रीगेटर फ्रेमवर्क से जुड़ने का आह्वान किया और कहा कि इससे ऋण के प्रवाह में सुधार होगा और डिजिटल ऋण को बढ़ावा मिलेगा
- Finance Minister Nirmala Sitharaman exhorts all banks to sign up to Account Aggregator Framework
- September 2, 2021: Account Aggregator Ecosystem Go-Live Event Media Coverage
- I am ecstatic about the account aggregator framework: Zerodha CEO Nithin Kamath at FinTech Month at Niti Aayog – YourStory
- Surge in Lending Scams: How Account Aggregator framework will help mitigate the ecosystem – FinancialExpres
- NITI Aayog’s Fintech Open: Leverage new models like Account Aggregator to unleash the next wave of fintech innovation
- The British are curious as to how we designed our own technology standards to underpin Open Banking, and actually got the biggest banks to embrace and implement the Account Aggregator (AA) data sharing capabilities – Sharad Sharma, Mohandas Pai, Financial Express
- Budget 2022: Govt, RBI must ensure timely implementation of account aggregator framework by banks, says Ficci – Times of India
- The Finance Minister can accelerate its financial inclusion and digitisation agendas by supporting the Account Aggregator and OCEN initiatives – Aditya Damani, ET
- Simplifying the account aggregator framework for everyone who has lost count of their bank accounts – Sumit Gwalini, Co-founder, Fi
- Account aggregators link up around 83,000 bank accounts in 4 months – ETBFSI
- Account Aggregators link up 80,000 bank accounts, but SBI is yet to go live – Priyanka Iyer, Moneycontrol
- The Account Aggregator network can be a new feather in the cap that would help India formalize credit and boost economic growth in the post-covid era: Amitabh Kant, CEO, Niti Aayog
- The home loan market is set to undergo a sea change because of digitization – Account Aggregator, OCEN writes Arvind Hali, MD & CEO, Motilal Oswal HF – Hindu
- Account Aggregators Await A UPI-Like Moment – Shivam Vahia, BloombergQuint
- MeitY working on cabinet note for proposed Data Protection Bill – Surabhi Agarwal, ET Prime
- Juspay’s team working on ecosystem efforts is looking to provide account aggregator API for Loan Service Providers (LSPs) to capture the borrower’s data securely – Payal Ganguly, Yourstory
- New age lending practices can support Indian MSMEs to shift into formal sector – Arun Nayyar, CEO, NeoGrowth
- AA has come as a boon to individuals and small businesses alike as it is expected to address the credit gap in India – Sheersh Kapoor, ET BFSI
- Looking to leverage data and content as an aggregator: PB Fintech Chairman Yashish Dahiya – CNBC TV18
- Micro & small companies, currently paying extortionate rates in the informal lending markets, will now get loans through the Account Aggregator initiative: Minhaz Merchant, Business World
- With the arrival of the Account Aggregator ecosystem, the borrower assessment has not only become faster but it’s also become more reliable – CNBC TV18
- New initiatives from the government like the Account Aggregator license will improve the likelihood of any one in India to get a loan – CNBC TV18
- How Account Aggregator Can Help First-Time Borrowers With No Credit Score Can Get A Loan – Amit Das, Outlook India
- Open banking puts banks on notice: Digitize or perish – Deep Mukherjee, Mint
- The Account Aggregator framework can be SME’s UPI. Or is it too early to give credit? – ET Prime
- Unlike the old model where a few large companies got credit, with Account Aggregator model, every small kirana store, dispensary, and manufacturing company will get credit: Nandan Nilekani – YourStory
- Data protection bill: Parliamentary panel adopts draft report – EconomicTimes
- In the account aggregator framework, Eureka AI wants to enable accurate lending decisions for BFSI clients – Economic Times
- NSDL e-Governance gets RBI’s in-principle approval as Account Aggregator – EconomicTimes
- Will AAs revolutionise India’s financial services? – Asia Business Law Journal
- ICICI Lombard becomes first non-life insurance player to join Sahamati Account Aggregator Alliance
- सहमति अकाउंट एग्रीगेटर अलायंस में ICICI लोम्बार्ड, उपभोक्ताओं की बीमा-खरीद प्रक्रिया होगी सरल
- How account aggregators can bring an era of democratised credit – Abhishek Sinha, Economic Times
- The account aggregator program is an example of the transformative changes underway on the Policy front – Sucheta Mahapatra, Times of India
- Account Aggregators can end dodgy loan apps menace – Mayur Shetty, Times of India
- Max Life becomes first life insurer to adopt Account Aggregator system
- Aujas launches Cloud Version of “Saksham” to help financial organizations get onboarded to Account Aggregator ecosystem swiftly
- Dispute Resolution In The Account Aggregator Ecosystem, Anchored By ‘Sahamati’ – Pramod Rao, BloombergQuint
- “Account Aggregator & OCEN enable formal credit flow to the most vulnerable segments, particularly small biz, by lowering distribution costs & now institutions can give smaller loans“, Union Minister of Commerce & Industry, Piyush Goyal – Inc42
- Account Aggregator system can expand credit distribution, says RS Sharma, CEO National Health Authority
- Collateral-free lending and account aggregators in India – Niranjan Rajadhyaksha, Mint
- Should you worry about data security while sharing financial information via account aggregators? – Lisa Barbora, Moneycontrol
- How AA framework empowers consumers – Surabhi, Hindu Businessline
- Account Aggregator framework takes off: Over 10,000 accounts linked; 14,000 consent requests served – Priyanka Iyer, Moneycontrol
- Explained: UPI Moment For Lending? Account Aggregator Ecosystem To Go Live Today – Priyanka Iyer, Moneycontrol
- Thousands sign up to share fin info as AA platform goes live – Leslie D’Monte, Mint
- To manage and improve this architecture, a Collective of Account Aggregator ecosystem has been set up as a non-government, private limited company, known as Sahamati – Vikas Kathuria, ORF
- Very simply put, the #AccountAggregator is like Dunzo, except it deals with data. It picks up data for you and delivers it to a chosen destination – YourStory
- US could import an idea from India, where several major banks have started experimenting with “account aggregators” – Bhaskar Chakravorti, Wired
- Account aggregation is poised to become the next big tool in unlocking value from financial data – Shilpa Mankar Ahluwalia, Outlook Money
- Account Aggregators Are Here. Almost – Vishwanath Nair, BloombergQuint
- HDFC, ICICI Among Banks Going Live On Account Aggregator Framework By July 2021 – Romita Majumdar, Inc42
- AA framework offers UPI-style revolution in MSME financing – Akshatha M, Economic Times
- Here’s how account aggregators share financial data of customers with banks – Hiral Thanawala, MoneyControl
- Apart from personal data, the Personal Data Protection (PDP) Bill will also include non-personal data with sub-heads about sensitive data and critical data – Gyan Varma, Mint
- France and India can work together on Account Aggregator model: Nandan Nilekani – Tarush Bhalla, Mint
- Senderment builds a data collection application in the public domain using the Account Aggregator (AA) framework – Rishabh Mansur, YourStory
- Axis Bank goes Live on Account Aggregator framework
- IndusInd Bank first bank to go live on RBI’s Account Aggregator framework – Official Press Release, ET, Livemint, IBSintelligence, Hindi, Kannada, Malayalam, Tamil, Telugu
- An oce(a)n of opportunity: anatomy of a lending protocol to lift the bottom of the pyramid – ET Prime
- Can Visa replicate Plaid (a Visa company) by participating in the Account Aggregator ecosystem? – Arundhati Ramanathan, The Ken
- NITI Aayog’s New ‘India Model’ For Personal Data Sharing Explained – Sushovan Sircar, The Quint
- Summary: Data Empowerment and Protection Architecture (DEPA) – Aditi Agrawal, Medianama
- The future of digital lending – OCEN and Account Aggregators – Akshay Sarma, Mint
- There are 2 very exciting things with digital lending: Account Aggregator & OCEN: Rajan Anandan, Sequoia India – Economic Times
- Explained: How OCEN is trying to keep credit disbursement challenges at bay – Sai Ishwar, Business Standard
- OCEN Protocol: ‘Loan Service Providers’ will use the Account Aggregator Framework to democratize access to credit, and lowering interest rates for customers – Mint
- Mumbai Fintech Hub And Sahamati Conclude Their Uday Case Study Competition For Account Aggregator Innovation – Inc42
- Sahamati’s Four-Week Hackathon Aims To Promote Account Aggregator – Harshit Rakheja, Inc42
- AA Hackathon Preparation — Open Banking case studies from the EU/UK – Rahul Sanghi
- The Foundation for the Fintech Decade: Account Aggregators and Open Banking – Lars Markull, Aaryman Vir
- The benefits of the Account Aggregator system are clear. Small lenders to get loans based on their transaction histories and their income. They now pay as much as 4% for a one-day loan which could reduce to 15% per annum – The Economist
- Account Aggregator: The Final Piece Of The India Stack Puzzle – Suprita Anupam, Inc42
- Account aggregators gear up to launch their platforms – Hariprasad Radhakrishnan, Financial Express
- Banks are adopting Account Aggregator framework on data – Megha Mandavia, Economic Times
- Startups, Banks Embrace RBI Account Aggregator To Boost Financial Inclusion – Suprita Anupam, Inc42
- AA provides the scaffolding to enable data wealth to translate to economic wealth by enabling people to leverage their own data: Shripati Acharya, Co-founder and Managing Partner of Prime Venture Partners
- India’s Account Aggregator focuses on empowering individuals with their data by enabling them to digitally consent and share their financial data with a potential loan provider – Sushant Kumar, Mint
- Economic Survey of India 2019-20 proposes formation of Public Sector Banking Network (PSBN) to detect banking frauds, AA to be a participant: Medianama, Economic Times
- With Account Aggregators, even if entrepreneurs/MSMEs have zero credit history, they can seek funding based on their cash flow: RangDe CEO Ram – EconomicTimes
- Evolution of Data Protection Bill – India Law Business Journal
- Account Aggregator, the next big innovation in the Fintech Space – Finshots
- India’s about to hand people data Americans can only dream of – Saritha Rai, Economic Times, Bloomberg
- RBI’s Account Aggregator Will Bolster Indian Fintech: Rajan Anandan, Sequoia India Head – Kritti Bhalla, Inc42
- When Account Aggregators (AA) get operationalised, lenders will have access to borrowers’ transactions at a single point. These new architectures would facilitate cash flow-based lending: SBI Chairman Rajnish Kumar – Shritama Bose, Financial Express
- How India Plans to Protect Consumer Data: Harvard Business Review
- Rapid adoption of account aggregators can make India leader in digital economy: Nandan Nilekani
- The Personal Data Protection Bill proposes that all “critical” information related to individuals will be stored and processed only in India – Economic Times
- Data Protection Bill gets Cabinet nod – Livemint
- We want to move data to empower consumers, instead of selling it to them: Vivek Raghavan of UIDAI – Debolina Biswas, YourStory
- India’s Account Aggregation Framework – Q&A for Beginners
- The roll-out of Aadhaar, the Unified Payments Interface (UPI), & Account Aggregators are the 3 technology-based solutions that has benefitted India the most in recent times: Nandan Nilekani – Shreya Nandi, LiveMint
- Soon access, share all your data from a one-stop store – Neil Borate, LiveMint
- How financial data aggregator Sahamati can help individuals – Sanket Dhanorkar, Economic Times
- Account Aggregators To Seek Customer Consent Before Sharing Data With Financial Services Firms – Vishwanath Nair, BloombergQuint
- Data is already currency, now you may be able to use own data – Monika Halan, LiveMint
- Understanding Account Aggregator which can be as big as UPI – Aaryaman Vir