CURRENT AFFAIRS

Detailed explanation-1: -Account Aggregators And FIPs Finsec AA Solutions, Cams Financial Information Services, Cookiejar Technologies, National E-Governance Services (NESL) Asset Data, Perfios Account Aggregation Services, and Yodlee Finsoft are the account aggregators.

Detailed explanation-2: -Sahamati is powering harmonious adoption of the Account Aggregator framework to. create better value and innovative services for every Indian through secure exchange. of financial data.

Detailed explanation-3: -The Account Aggregator System introduced by the RBI was created to make financial data more accessible. It does this by creating intermediaries called Account Aggregators (AA) which collect and share financial information from entities that store consumer data to entities that request consumer data.

Detailed explanation-4: -The RBI Account Aggregator (AA) framework allows customers to seamlessly share information with their financial service providers. All the while, it gives the customer significant control, allowing them to share only what they need and for as long as they want.