Account Aggregators will be entities that enable structured financial data sharing from Financial Information Providers to Financial Information Users, while maintaining a log of consent given (called “consent artifacts”), and providing the ability to revoke and manage consent. Any financial sector regulated entity currently offering these financial products and services is classified as “Financial Information Provider” (FIP). Any entity that is registered and regulated by any Financial Sector Regulator (across banking, mutual fund / equity investments, insurance, pensions — RBI, SEBI, IRDA, PFRDA) is also classified as “Financial Information User” (FIU).

Although the concept is being extended to health, we will restrict the focus to financial sector implementation of Account Aggregators.

Details on: https://hasgeek.com/cashlessconsumer/study-circle-on-account-aggregators/