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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Quote
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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