Pragati Webinar on "From Insights to Impact: Role of Account Aggregator"

The September edition of the Pragati Webinar brought together industry leaders and practitioners to discuss market-based practices for lenders and strategies to enhance Account Aggregator (AA) success rates. Abhishek Varshney, Sahamati, opened the session by outlining the structure, followed by Ankita Agarwal, AVP Product, Fibe (Early Salary), who shared her experience as an early adopter of AA. Over 70 participants joined to gain insights from real-world journeys and practical solutions shared by experts from Perfios and Finbox.

Ankita highlighted how AA adoption streamlined Fibe’s customer onboarding, reduced drop-offs, and improved data quality. She detailed initiatives such as robust dashboards, stronger identity verification, and optimization of statement processing, which significantly boosted bank statement completion rates. Abhishek then presented best practices for adoption and consent management, urging institutions to view AA as a growth driver, not just a data utility. He emphasized continuous monitoring, customer education, and shared resources as key enablers for building trust and improving adoption outcomes.

The session concluded with presentations from Shashank PB – Product Manager, Perfios, and Arpan Adarsh, Product Solutioning Head – BankConnect & AA, Finbox, who shared transaction strategies, infrastructure distribution models, and product innovations designed to improve success rates and expand use cases. From FIP health monitoring to customer data platforms, the discussion showcased how the AA framework is maturing into a cornerstone of India’s digital finance.

Missed the Webinar?

Catch the full session to understand how financial institutions are integrating the AA framework to improve customer journeys.

Presentation is here.

For any questions or to explore how your organisation can participate in the AA ecosystem, write to us at info@sahamati.org.in.