India has more than 560m internet users and soon they’ll have an unprecedented amount of control over their digital financial footprints. This "account aggregator" system is similar to Plaid in the US.
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India’s about to hand people data Americans can only dream of
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India’s approach is unique -- it relies on third parties to mediate the often complicated process of information sharing -- and so is its target population, which is predominantly poor and, as of now, excluded from the formal banking system.
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