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Account aggregation sometimes also known as financial data aggregation is a method that involves compiling information from different accounts, which may include bank accounts, credit card, payroll accounts, investment accounts, and other consumer or business accounts, into a single place. This may be provided through connecting via an API to the…
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account financial information aggregation services data also bank single banking system banks aggregator accounts provides access users service sometimes may
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| the contents of e-mail boxes | instance of | they sometimes also display other things | 0.80 | text |
| news headlines | instance of | they sometimes also display other things | 0.80 | text |
| lending banks/agencies that provide financial services | instance of | The account aggregators act as the intermediary by collecting data from FIPs that hold the customer’s financial data and share that with FIUs | 0.80 | text |
| Bank of America | instance of | at most major banks | 0.80 | text |
| funds transfer | instance of | Aggregation also powers applications | 0.80 | text |
| new account opening | instance of | Aggregation also powers applications | 0.80 | text |
| card-based bill pay | instance of | Aggregation also powers applications | 0.80 | text |
| so on.Independent financial advisersIndependent financial advisers are another group on which account aggregators began focusing their attention | instance of | Aggregation also powers applications | 0.80 | text |
| open banking made it easier for third parties to access bank transaction data | instance of | positioning themselves as their client's primary advisor was not as easy as it once was.Open bankingStarting in 2015 developments | 0.80 | text |
| introduced standard API | instance of | positioning themselves as their client's primary advisor was not as easy as it once was.Open bankingStarting in 2015 developments | 0.80 | text |
| security models.Income | instance of | positioning themselves as their client's primary advisor was not as easy as it once was.Open bankingStarting in 2015 developments | 0.80 | text |
| Employment verificationBy integrating data from bank accounts | instance of | positioning themselves as their client's primary advisor was not as easy as it once was.Open bankingStarting in 2015 developments | 0.80 | text |
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