Yodlee, Corillian Partner For Better Online Authentication

This is part of a move by both companies to help financial institutions prevent identity theft and fraud, strengthen online banking authentication and comply with FFIEC guidance.

"Financial institutions have been testing stronger authentication systems in recent months, driven in part by the recent Federal Financial Institutions Examination Council (FFIEC) guidance," said Schwark Satyavolu, Chief Technology Officer at Yodlee. "As these newer authentication solutions are implemented, Yodlee is working with leading providers like Corillian to deliver a heightened level of online security while protecting the convenience of easy-access to information that consumers have come to expect and rely upon via the World Wide Web."

"As our financial institution clients look to deploy multi-factor online authentication solutions, they want the ability to ensure that it seamlessly interoperates with existing online systems like Yodlee's financial applications," said Alex Hart, president and CEO of Corillian. "The support of Corillian Intelligent Authentication with Yodlee's applications will allow our clients that leverage Yodlee to add additional layers of security to their leading online banking services without disrupting the online experience for their end users."