Newsletter

Pragati - The SAHAMATI Newsletter - May 2022

08 Jun 2022

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.

Sahamati Newsletter

logo Pragati – The SAHAMATI Newsletter. May 2022

AA ecosystem progress

Dot Citizen Adoption Dot

613,000

667,000

consent requests fulfilled across FIUs

View the usage dashboard here

accounts linked across FIPs

Dot Participant Adoption Dot

49

19

95

FIPs/FIUs live

FIPs/FIUs actively
testing with AAs

FIPs/FIUs in active
engaged

View the participants list here

Industry alliance updates

Dot Generating awareness and advocacy Dot

Sahamati and NABARD conduct Account Aggregator workshop for the Regional Rural Banks and State Cooperative Banks

Grass root financial institutions like RRBs and StCBs, under the aegis of NABARD came together to understand and brainstorm the potential benefits of Account Aggregator on empowering low income and rural citizens with an easy, digital consent based data sharing mechanism.

To view more details, Click here

Sahamati participates in IRDAI Insuretech event

The Insurance Regulatory and Development Authority of India (IRDAI), organised “InsurTech – Catalyst that Inspires”, with an aim to emphasize upon the application of new technology in the insurance industry. Sahamati participated in the panel discussion titled ‘Role of value-added services and allied players in Insurance’, covering the need for adoption of AA amongst insurers.

To view all the sessions videos, click here

Dot Fostering self-regulation and collaboration Dot

AA entities follow self regulating checklist prior to onboaring the production environment

Nearly 30 organisations followed the checklists for customer experience guidelines and legal adherance guidelines prior to getting onboarded as Live entitiy in the AA ecosystem. The checklist serves as a self regulatory tracker, in line with manadatory requirements and standardisation of processes.

Click here to view the list of Live entities

Click here to view the checklists

Sahamati publishes Ecosystem dashboards

To increase transparency, provide visibility and enable performace tracking, Sahamati has published dashboard links to individual live entities (sent privately) as well as industry wide public dashboard. The dashboard is refreshed each day to show cumulative count of accounts linked and consent request fulfilled. Consolidated dashboard is available on our website for public.

Live consolidated dashboad can be viewed here

DotProviding foundational servicesDot

Technical Infrastructure

Central registry | Token Service | Industry Dashboard | Members Portal

View details here Image

Legal framework

62 signatories to a common Multi-partite Participation Terms | Dispute Resolution Framework*

* Work-in-progress

View list of signatories to common Terms here

DotPromoting interoperabilityDot

Sahamati Certification Framework

Verifying adherence to ReBIT API specifications

3 empaneled certifiers

7 intermediate certified TSPs

58 AA participants certified

View details here

Common Guidelines

complementing ReBIT API standards

AA web redirection | AA SDK Security* | Customer Experience* | SLAs* | API Governance* | Data Governance*

* Work-in-progress

View details here

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To download pdf version of May Newsletter Click here.