Account Aggregator (AA) Platform Quiz

SmoothSasquatch avatar
SmoothSasquatch
·
·
Download

Start Quiz

Study Flashcards

Questions and Answers

What is the primary function of an Account Aggregator (AA)?

To collect and share user's financial data

What entities are responsible for holding consumer data in the context of Account Aggregators (AA)?

Financial Information Providers (FIPs)

Who are the entities that request consumer data in the Account Aggregator (AA) system?

Financial Information Users (FIUs)

In the context of Account Aggregators, what role does the central bank play?

<p>Regulation of Account Aggregators</p> Signup and view all the answers

What is the main purpose of Account Aggregators obtaining consumer consent?

<p>To protect consumer privacy rights</p> Signup and view all the answers

What is the primary purpose of FIP research according to the passage?

<p>To develop vaccines and treatments for infectious diseases with similar mechanisms</p> Signup and view all the answers

How do banks collaborate with FIUs during investigations according to the passage?

<p>Banks provide access to their databases and share critical information</p> Signup and view all the answers

What is a key similarity between the roles of FIUs and FIP according to the passage?

<p>They both require access to vast amounts of data</p> Signup and view all the answers

What does the passage suggest about the progression of a less virulent feline coronavirus to a more virulent FIP pathogen?

<p>It is the subject of extensive research</p> Signup and view all the answers

What is the main purpose of the comparison between FIUs and FIP in the passage?

<p>To emphasize the importance of data access for both entities</p> Signup and view all the answers

Use Quizgecko on...
Browser
Browser