Preparing India’s account aggregator ecosystem for the age of AI: Sahamati Labs releases governance framework

As artificial intelligence becomes deeply embedded in financial services, Sahamati Labs, the research and innovation initiative of Sahamati, the Self Regulatory Organisation (SRO) for the Account Aggregator ecosystem, today released A Framework for AI Agents in the Account Aggregator Ecosystem, a design paper proposing how AI agents processing consumer financial data can be governed with the same principles of trust, accountability and consumer protection that underpin India’s Account Aggregator framework.

The paper addresses a critical question for the future of digital finance: How can regulated ecosystems ensure accountability when AI agents, rather than humans, begin making decisions on consented financial data?

India’s Account Aggregator framework established a trusted foundation for consent based financial data sharing by ensuring every data exchange is authorised, traceable and auditable. As AI agents increasingly undertake tasks such as underwriting, fraud detection, verification and financial analysis, the challenge shifts from governing data sharing...

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