Correct Answer :   Axis Bank

Axis Bank 21st June 2023 announced the launch of its latest feature, ‘One-View’, on Axis Mobile Application. Axis Bank is the first private sector Bank to introduce this new-age banking feature leveraging the Account Aggregator ecosystem to create a seamless banking experience for its customers.

This feature simplifies the process of managing finances for customers, by providing them access to multiple bank accounts on one single platform, enabling them to track their balances and spending on a real-time basis.

“Axis Bank believes in the power of ‘OPEN’ Banking and we have been continuously investing in digital-first products that reimagine customer propositions.

In this endeavor, we are excited to launch the ‘One-View’ feature on Axis Mobile App leveraging the Account Aggregator ecosystem.

This proposition offers a seamless banking experience and provides convenience to customers by eliminating the need for multiple mobile banking applications. We believe this is transformational and a step further towards the future of banking." said Sameer Shetty, President & Head – Digital Business & Transformation, Axis Bank.


Account Aggregator framework Key benefits for customers :

* Seamless onboarding process to link their non-Axis Bank accounts in the Axis Mobile app

* A comprehensive view of their account balances and transaction statements across multiple bank accounts

* Eliminates the need to manage multiple mobile banking applications

* Allows customers to download and email transaction details from their linked accounts

* Customers can delink any single or all non-Axis Bank accounts at their convenience

* Account Aggregator provides a secure way of sharing information which has customer consent and data privacy as its core design principles.

Source : Mint