What is Account Aggregator?

What is Account Aggregators (AA)?
Account Aggregators have regulated entities that facilitate consented data between FIPs and FIUs. This data is facilitated based on the guidelines/framework...
Wed, 22 Feb, 2023 at 11:48 AM
Who are the participants in this ecosystem?
FIUs: FIU stands for “Financial Information User’. An FIU consumes the data from a FIP to provide various services to the end consumer. E.g., a lending...
Wed, 22 Feb, 2023 at 11:49 AM
Who do we cater to, and what is our offering?
The two products target different customers, and this is an indicative list of potential customers. Product Name Type of Customers Setu FIU Di...
Wed, 22 Feb, 2023 at 11:53 AM
What is the flow followed in AA?
The lender makes a data consent request, which is routed to the AA. The user receives a notification through the AA that the lender wants to access ...
Wed, 22 Feb, 2023 at 11:57 AM
How does one integrate the product?
Setu’s AA APIs can be broken down into 3 broad flows— Consent flow—To create and share data consent requests with your customers, along with the handling...
Wed, 22 Feb, 2023 at 11:58 AM
What are the KYC requirements to get onboarded on the AA system?
FIU onboarding checklist Here’s a checklist for a regulated and licensed entity to become an FIU in the AA ecosystem. Setu helps you get onboarded on the C...
Wed, 22 Feb, 2023 at 12:44 PM