India BFSI | Account Aggregator Network - Data Empowerment, Democratisation Infrastructure: ICICI Securities
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ICICI Securities Report
We believe the pace of disruption in financial services has not only accelerated but amplified.
Market participants are recognising and embracing potential opportunities presented by the continuously evolving landscape and at the same time identifying challenges and risks to their businesses.
We are, therefore, launching ‘Finnovate, Finvest, Finnext’ – a series that will help investors keep a tab on relevant trends that are reshaping and transforming the behaviour of consumers, businesses and regulators.
This maiden note in the series talks about the latest addition to India’s financial digital infrastructure ‘Account Aggregator Network’.
This data empowerment platform is expected to revolutionise credit, insurance and investment by making it a lot more effective and efficient reducing information asymmetry.
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