Redwood City, CA - June 1, 2010 - Yodlee, Inc., the leading provider of online personal financial management (PFM) and revenue-generating payments solutions and services for more than 25 million users worldwide, today announced it has been awarded its 35th patent. This is a significant milestone for Yodlee, who for more than 10 years has been delivering the online financial management solutions on which financial institutions and portals - and their customers - depend.
Yodlee works with more than 30 of the top 50 US financial institutions to deliver tools that empower consumers to track - and manage - their holistic financial affairs, from budgeting to account balancing, funds transfer, and bill payment.
"From our earliest patents covering data aggregation and auto-login to our broad range of patents covering PFM, electronic payments and mobile banking, we have made it a top priority within our organization to invest in and protect our innovations and inventions," said Peter Hazlehurst, Yodlee's Chief Product Officer.
As the pioneer and leading provider of the technologies and solutions powering over 85% of all online PFM users today, Yodlee has a broad portfolio of granted patents and dozens more in application, including patents and pending applications covering:
Yodlee powers innovative online and mobile solutions for more than 155 global financial institutions. More than $3 trillion in financial assets are currently tracked and managed through Yodlee-powered solutions. For more information, visit www.yodlee.com.
Leading financial institutions trust Yodlee to power critical online financial applications. Yodlee's personal financial management, payments, and customer acquisition solutions unify all personal financial account information to deliver a simple, centralized and secure source for consumers to manage all of their financial tasks anytime, anywhere. Yodlee makes financial institutions' websites essential to their customers and generates new revenue opportunities. Yodlee's patented data, payments and risk management utility supports more than 11,000 account sources and over 100,000 different account types. More than 100 leading financial institutions and portals today offer Yodlee-powered solutions to millions of customers worldwide. Yodlee operates in the United States and Europe and is headquartered in Redwood City, California. For more information, visit www.yodlee.com.
Melanie Flanigan, Yodlee at (650) 980-3707, or email to mflanigan@yodlee.com
Yodlee is a registered trademark of Yodlee, Inc. All other products and services mentioned are the property of their respective companies.
