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Few sample Account and Transaction Information Sharing business opportunities may include Account aggregation, Price comparison match for the customer’s own products, Personal finance management, Ledger account: Reconciliation of ledgers, Cashflow management, Accounting and taxation calculation for SMEs, Account blocking by the regulator, Loan application/ initiation, Real time all account customer expense dashboard.
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Once the journey gets completed, the AISP interacts with ASPSPs on a frequent basis and retrieve retrieves the necessary information consented by the user/customer.
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