Canara Bank onboards Account Aggregator Ecosystem in Stealth Mode

 

Canara Bank onboards Account Aggregator Ecosystem in Stealth Mode

 

              Surprised to see Canara Bank Logo in an Account Aggregator App last week. Tried to search more about this welcome news on search engines.

              Not much luck,



              Canara Bank started the journey on the Account Aggregator Ecosystem vide a Request For Proposal dt.21/02/2022.

              The title of the RFP is ‘Selection of technical service provider for account aggregator solution in Canara Bank for a period of three years.’

              The Go Live on the Account Aggregator Ecosystem in the 3rd week of July 2022 is the outcome of the RFP dt.21/02/2022.

              Canara Bank can tap into the users of “CANDI” to try out the wonderful features of Account Aggregator App.

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About this app

Canara Bank launches “CANDI” mobile Banking app in-built with lite version of their Internet Banking with the futuristic vision of “One Bank, One App”.

“CANDI” denotes Canara Digital.

A Lite, intuitive and Multi-Channel adaptive upgraded version of “CANDI” mobile Banking app offers a host of customer centric functionalities such as multi-mode funds transfer viz. RTGS,NEFT & IMPS, Fixed and Recurring Deposit opening, Pay EMI / loans, scheduled payments, Nomination, Integrated Bill Pay, Integrated UPI etc., as additional features.

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