Yodlee is previewing Yodlee 10, its next-generation, personalized finance platform today at the Finovate event in New York City. As the solutions provider for more than 85% of all online PFM users today, Yodlee is helping banks and portals move PFM to the center of online finance, deepening customer relationships and driving new revenue. READ MORE

Yodlee and Andera have announced that they have signed nearly 100 new banks and credit unions since launching their partnership in August, 2007, a full 70% of which are now utilizing Yodlee technology to help verify funding accounts in real-time. READ MORE

Yodlee has announced that usage of Yodlee-powered PFM solutions nearly doubled to more than 17 million Personal Finance Management (PFM) users worldwide. According to Yodlee, its PFM solutions are "currently used by 6 of the top 10 U.S. banks, more than 100 leading financial institutions around the world and the most successful non-bank PFM portals." READ MORE

Yodlee has announced the Yodlee PostcardCheck - saying it is "aimed at increasing efficiency and lowering the significant costs associated with paper payments in online bill pay. Nearly two of every ten payments originated online in the U.S. are still processed via paper check. Financial institutions offering online bill pay to their consumers incur per item costs of a single paper payment up to ten times higher than comparable electronic payments. Paper payments are by far the most costly component of any online bill pay system. Yodlee has built a new, proprietary PostcardCheck solution that helps financial institutions immediately lower the cost of single check payments by up to 30%." READ MORE

Yodlee has announced the Yodlee Software Development Kit (SDK) Entrepreneur Edition, making Yodlee's data and payments technologies available to new developers and entrepreneurs worldwide. READ MORE

Yodlee has announced that Yodlee PayToday – Yodlee’s expedited payments solution – is now available as a revenue generating addition to any financial institution’s online banking website. According to Yodlee, "with Yodlee PayToday, financial institutions can take immediate advantage of the opportunity to generate new fee revenue by offering their customers the convenience of guaranteed, same-day electronic payments to hundreds of national and regional billers across multiple biller categories, including: credit cards, mortgage, auto finance, insurance, utilities, cable and wireless." READ MORE

Yodlee and Andera have announced that, in less than ten months, more than 30 financial institutions have selected the combined Yodlee/Andera solution for online account verification, opening and funding. READ MORE

Yodlee has announced that Bank of America is the lead investor in Yodlee’s recent $35 million financing. Existing Yodlee investors, including Warburg Pincus, Accel Partners and Institutional Venture Partners also participated in the financing. READ MORE

Yodlee and Postilion have announced a 'partnership to integrate Yodlee PersonalFinance and Yodlee DirectPay into Postilion's Retail and Business Internet Banking solutions to enable Postilion's' financial institution customers to deliver stronger online banking solutions and develop new revenue-generating opportunities via card-based online bill payment.' READ MORE

Yodlee has announced an agreement with Vodafone UK for it to exclusively re-sell Yodlee’s mobile banking solution. "Yodlee Mobile, which will be individually branded for each UK financial institution, provides customers with easy, secure access and proactive monitoring across multiple financial accounts (banking, investments, bills, credit cards, etc). Access is available through a mobile WAP browser as well as two-way text messages, and alerts can be received on email as well as through text. Two major UK financial institutions have already signed up for the Vodafone/Yodlee Mobile Banking solution, and will launch by year end." READ MORE

Yodlee has announced that its proprietary DirectPay card payment network now supports over 300 national and regional billers, enabling new revenue generating credit and debit card based electronic bill payments. Yodless says that "the 300 DirectPay billers represent over 40 percent of major U.S. billers by volume and give most consumers the opportunity to pay nearly half of their bills by card each month."

Western Union and Yodlee have announced a program that the two companies says is "the first ever capable of linking financial institutions' online bill-payment services directly to Western Union's thousands of billers. These payment capabilities are featured in Yodlee's new BillPay PayItAll solution."

Obopay has announced it has partnered with Yodlee to facilitate instant bank account verification, letting Obopay customers immediately link their existing bank account to Obopay.

Yodlee has announced the general availability of a new, end-to-end online payment solution called Yodlee BillPay PayItAll™ - calling it "a complete, next generation online bill pay offering that will enable financial institutions to dramatically lower bill pay solution, processing and related expenses, generate new revenue and significantly improve the customer experience."

Yodlee and Andera have announced "a strategic alliance that will unite best-of-breed technologies to provide retail financial institutions with the most comprehensive online account opening and funding solution in the market. Under the terms of the agreement, Andera will be the exclusive provider of account opening technology to Yodlee, and Yodlee will be the exclusive provider of account verification and funds transfer technology to Andera, with the combined solution being available from both companies to all financial institutions." Andera CEO Charlie Kroll provides more background on the alliance on his blog.

Yodlee has announced that "its inter-bank funds transfer solution – Yodlee FundsTransfer – launched in the market just nine months ago, has already moved more than $1 Billion and has initiated over 500,000 transfers."

Yodlee has announced a new SMS-based mobile banking capability for its Yodlee Mobile solution, saying it makes "mobile banking and payments easily accessible for the 124MM U.S. mobile SMS/text messaging users." Previously, Yodlee Mobile supported only mobile browser based access to banking sites.

Jim Bruene of the Online Banking Report posts on his blog that he's awarding the fifth and final OBR Best of the Web for 2006 award to Bank of America for being the "first major U.S. bank to provide full online personal financial management (PFM) within its online banking service." Powered by Yodlee's full MoneyCenter suite, Bruene reports that Bank of America is displaying the accountholder's Net Worth Summary, Investment Detail, Transactions, Rewards, Email, and Search on its main online banking page following login.

Mark Schwanhausser writes for the San Jose Mercury News about mobile payments - saying that "eventually Americans will be able to choose among high-tech alternatives that will transform how they shop, pay for goods, borrow money, dole out allowances, transfer cash around the globe and manage their finances." Schwanhausser reports that San Francisco "Bay Area companies are playing influential roles mapping the way, from old-school titans such as Wells Fargo and Visa USA to New Economy ventures such as PayPal, Obopay and Yodlee." In a sidebar, Schwanhausser takes a look at some of the experiments underway.

Metavante has announced a reciprocal agreement with Yodlee "that infuses Metavante electronic bill payment with Yodlee’s proprietary credit and debit card payment functionality, and integrates Yodlee solutions with Metavante’s electronic bill payment processing capabilities."

Arcot Systems has announced a partnership with Yodlee to deliver multi-factor authentication capabilities with the full suite of Yodlee’s solutions and services.

Yodlee has announced Yodlee Mobile, a new service to be available early next year that enables financial institutions to make online banking applications available to customers via the mobile channel.

Yodlee has announced the Yodlee BillPay Account Accelerator, a new service that "removes the hassles of canceling an existing bill pay service and setting up payments all over again with a new bill pay provider." Yodlee also says that the service "frees the 40+ million online bill payers to choose the service that’s best for them, and enables financial providers with differentiated bill pay services to capture a greater share of the fast growing bill pay market."

Jane Kim writes for the Wall St. Journal about how some banks are ramping up online banking by adding new services and features - including a new service to be introduced by Yodlee that will allow consumers to both track activity across multiple accounts and institutions as well as making same day bill payments.

Yodlee has announced that Yodlee BillPay now lets consumers pay bills with credit or debit cards, not just ACH - "enabling financial institutions to earn interchange revenue, while consumers can earn rewards points and benefit from faster payments."

Yodlee has announced a relationship with the UK subsidiary of Equifax to deliver Account Watch, a product that help consumers proactively manage their financial accounts and protect themselves from fraud and identity theft by leveraging Yodlee's OnCenter Alerts Service to monitor (with a user's permission) real-time online account activity, such as bank accounts, savings accounts and credit card transactions.

Yodlee and Corillian have announced a partnership to ensure support of Yodlee's aggregation-powered financial applications with Corillian's multi-factor authentication solution, Intelligent Authentication.

Mark Calvey reports for the San Francisco Business Times on plans by Yodlee to launch a Money Center personal finance service this summer through major banks.

Yodlee has announced Yodlee AccountOpening, a new service designed to reduce the risk associated with opening online accounts, increase the number of accounts successfully opened, and provide a superior online experience for customers.