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.   » Continue Reading

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.   » Continue Reading

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.'   » Continue Reading

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."   » Continue Reading

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."   » Continue Reading

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."   » Continue Reading

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.   » Continue Reading

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."   » Continue Reading

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.   » Continue Reading

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."   » Continue Reading

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.   » Continue Reading

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."   » Continue Reading

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

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.   » Continue Reading

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."   » Continue Reading

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."   » Continue Reading

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.   » Continue Reading

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.   » Continue Reading

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.   » Continue Reading

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.   » Continue Reading