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Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
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Here’s an account aggregator example to illustrate the concept better: Imagine you want to apply for a loan from a bank. Traditionally, you would need to provide various documents like bank statements, salary slips, tax returns, etc. Data Usage: The FIU uses the data for the purpose it was intended for, say loan underwriting.
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