What is account aggregation primarily associated with?

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Account aggregation is primarily associated with aggregators, which are entities or services that consolidate financial data from various sources into a single interface. This process allows users to view and manage their financial information—such as bank accounts, credit cards, investments, and loans—across different institutions in one place. Aggregators utilize secure APIs and other methods to connect to multiple accounts, enabling users to gain insights into their overall financial landscape without needing to log into each account separately.

The functionality provided by aggregators enhances the user experience by streamlining financial management, making it easier for individuals and businesses to track their incomes, expenses, and overall financial health. By focusing on the aggregation aspect, these services improve accessibility and analysis of data, thereby aiding users in making informed financial decisions.

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