FinovateFall 2008 / Yodlee

Presenter Profile:

How they describe themselves: Yodlee was founded on two core principles: 1) to provide consumers unprecedented convenience, insight, and control over their finances and 2) to help financial providers cut costs and increase revenues through the online and mobile channels. Yodlee’s industry-leading personal financial management, payments, and customer acquisition solutions allow consumers to consolidate their financial data from any account and manage their finances anytime, anywhere. Yodlee has not only changed the way people manage, interact with, and transact upon their accounts online, but has also made financial institutions’ websites essential to their customers and helped to generate new revenue for banks.

What they think makes them better:

  1. TECHNOLOGY – Pioneered “account aggregation” in 1999, Yodlee now owns 26 patents for collecting, consolidating, processing, and presenting data from multiple sources online and via mobile devices.
  2. EXPERIENCE – Yodlee’s scalable, secure operational infrastructure supports millions of users and accounts for 32 of the top 50 global financial institutions with industry-leading performance and accuracy.
  3. DATA – Yodlee’s data infrastructure is unparalleled, securely collecting data from over 11,000 sources and 100,000 different account types.
  4. SERVICE – Unlike other vendors, Yodlee solutions can complement or replace any existing online banking and bill payment service. Yodlee offers flexible payment options, over 3,200 eBills, and same-day and card-based payment capabilities to provide numerous advantages to financial institutions and consumers.

Contacts:

Bus. Dev.: Darren Voges, 650-980-3683, dvoges@yodlee.com
Press: Melanie Flanigan, 650-980-3707, mflanigan@yodlee.com
Sales: Valerie Guillory, 650-980-3658, vguillory@yodlee.com


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