New account aggregator pricing may force lenders to redraft all tech pacts

New account aggregator pricing may force lenders to redraft all tech pacts



India’s new account aggregator fee model could prompt fintech lenders to renegotiate contracts with technology service providers (TSPs) such as Finarkein and CAMS’ Sterling Software, as they review the cost of obtaining and analysing borrowers’ bank records.These providers connect lenders to licensed account aggregators, which share bank records with customers’ permission. TSPs supply software that helps lenders use those records to assess



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