Written by Modulr | Jul 24, 2025 11:00:00 PM
An AISP (Account Information Service Provider) is a regulated business that is able to ask for permission from a user to connect to the user’s account and retrieve account information via Open Banking. This information can be used for a wide range of purposes such as providing money management tools, personal financial monitoring apps, or to enable lenders to make better credit decisions. An AISP’s role is distinct from that of a Payment Initiation Service Provider (PISP). A business might use an AISP to gain real-time visibility into financial data across customer or business accounts, without initiating payments. AISPs are regulated entities under PSD2 (in the UK and EU) that can, with user consent, access bank account data via open banking APIs.