Thursday, July 14, 2022

PNB's account aggregation platform goes live

Punjab National Bank is the second public sector lender to go live in the ecosystem, acting as Financial Information User (FIU) and Financial Information Provider (FIP), the bank said on Thursday. An FIU can request data from the FIP based on a simple consent given by the customers on their Account Aggregator handle. Before this, Union Bank of India onboarded the AA ecosystem in May this year.

from Banking/Finance-Industry-Economic Times https://ift.tt/7fsjuhW

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