An individual in a Tier-II city of India consumes data and digital services similar to that in the west.
The service providers could be anyone who provides traditional financial services, such as loan-providers (banks, NBFCs), brokerages, and wealth management companies.
Similarly, a small business can provide access to its GST filings, bank account, and mortgage repayment information to avail credit.
Account aggregator is a first such implementation of data access, control, and usage by individuals and businesses in the world at scale.
Account aggregator is a major step forward towards that goal." | To read full story, visit https://startuparound.com/read/1582435824.3947427/IndiaStack-introduces-account-aggregator-initiative-to-drive-financial-inclusion-in-a-fair-and-equitable-manner?ref=audio_experience