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Posted on: November 21, 2021
The Reserve Bank of India (RBI) introduced the account aggregator framework on September 2, 2021, a financial data sharing system that will make financial data more accessible and give consumers control over their own financial data. By democratizing data access, this
Learn MorePosted on: November 21, 2021
After the Indian government’s long-awaited account aggregator framework went live with four Indian banks, Infosys chairman Nandan Nilekani stated that “the technology has the potential to be used across numerous use cases, similar to how the unified payments interface (UPI)
Learn MorePosted on: November 20, 2021
Consider the situation when you require a small loan that banks and other financial institutions are unable to provide due to a lack of credit history. Imagine a financial app that checks your timely bill payments and provides you with
Learn MorePosted on: February 3, 2021
Buzzword like financial inclusion has been trending for the last few years. The latest data reveal that the majority of the population globally is not served under formal financial segments. If we take the example of developed economies like the
Learn MorePosted on: September 19, 2020
Digital LendingAs per recent research, one of the major reasons for increasing credit default is the inability of the banks to predict the emerging stress in accounts that are likely to default. In several countries, regulations have progressed from rule-based
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