An AISP provides details on transactions and balances, and accesses account information.
With a customer's consent, AISPs will provide account aggregation services across different banks within the EEA to a customer, offering a view of multiple accounts in a single place. This means customers can have access to a comprehensive, aggregated view of their payment accounts via a single portal.
Under PSD2, an AISP must:
Enhanced AISPs can also support personal financial management using spending and revenue patterns to help reach an individual's objectives.
As an example, a customer holding accounts in different banks across different countries can use an AISP to get consolidated reports of these accounts. These reports can provide various charts, such as an analysis of their expenses and revenues.