What are Account Information Services (AIS)?
One of the backbones of Open Banking and PSD2, Account Information Services enable businesses and institutions to share their data with other financial providers, banks, and Third Party Providers. AIS can be used for analysing customers account data (transactions, balances, direct debits and standing orders, etc.) to provide them with insights into their financial behaviours. An AIS-based app or website might analyse a single payment account or aggregate information from several accounts.
Find out more about Account Information Services provided by YTS here.