FIP Data Flow

Step-by-step flow showing how Financial Information Providers (FIPs) handle user-consented data requests through Upmint AA securely.

1. Consent Validation

FIP validates consent token received from Upmint before processing any data.

2. Request Verification

FIP verifies identity of requesting FIU and data scope mentioned in the consent.

3. Data Packaging

FIP prepares the user’s financial data in encrypted format, structured for delivery.

4. Secure Transmission

Encrypted financial data is securely transmitted to FIU via Upmint’s secure APIs.

5. Audit Logging

All interactions are logged for transparency and regulatory compliance.

6. RBI Compliance

Data sharing and audit trails comply with RBI’s Account Aggregator guidelines.