Learn
Data, Security & Regulation
Plain-language definitions from the time.money glossary.
No terms match that search.
Data, Security & Regulation
8 terms- Account Aggregator (AA)
- An RBI-regulated framework that lets individuals securely share their financial data (bank accounts, investments, loans) across institutions with explicit, revocable consent, rather than through screen-scraping or manually uploaded statements. It's the infrastructure that lets platforms build an accurate, auto-updating net worth view.
- Consent Architecture
- The technical and procedural framework governing how, and for how long, a user's financial data is shared with a platform, including the ability to view, modify, and revoke consent at any time, a core requirement under India's Account Aggregator and data protection framework.
- Credit Bureau
- An institution (such as CIBIL or Experian in India) that collects and maintains credit history data from lenders and computes credit scores, used across the industry to assess a borrower's creditworthiness.
- Digital Personal Data Protection Act (DPDP Act)
- India's data protection law governing how personal data, including financial data, must be collected, processed, stored, and deleted, with specific obligations around consent and a user's right to erasure.
- eKYC
- A digital, paperless version of KYC verification (commonly Aadhaar-based OTP authentication) that lets an investor complete identity verification in minutes instead of submitting physical documents.
- Know Your Customer (KYC)
- The regulatory process of verifying a customer's identity before allowing them to invest, mandatory for all mutual fund and securities market participants in India, typically done once through a KYC Registration Agency (KRA) and reused across platforms.
- MF Central
- A joint RTA (Registrar and Transfer Agent) initiative providing a single digital platform for mutual fund investors to view holdings, transact, and manage folios across fund houses, used by many platforms as the execution rail for fresh mutual fund investments.
- SEBI (Securities and Exchange Board of India)
- India's capital markets regulator, responsible for registering and overseeing Investment Advisers, mutual funds, brokers, and other market intermediaries, and for protecting investor interests.