Since 2015, open API initiatives have gained increasing traction in the EU and retail banking is on the verge of unprecedented change. The Second Payment Services Directive (PSD2) is a significant evolution of existing regulation for the payments industry, which requires banks to open up their customers’ account data to newly regulated third party providers.

Are you a banking executive looking to increase online customer acquisition? Providing a seamless customer experience and easy account opening process are key to acquiring new customers, reducing customer friction, and ultimately increasing revenue.

As a leading data aggregation and analytics platform powering dynamic, cloud-based innovation for digital financial services, Envestnet® | Yodlee® is always eager to support the FinTech community to foster innovation across the ecosystem. That’s why we’re proud to support Empire Startups and their monthly gatherings and conferences in New York City and San Francisco, as […]

Globalization and digitalization are leading to major changes within the European banking system, as the EU’s revised Directive on Payment Services (PSD2) require banks to open up their customers’ account data to newly regulated third party providers.

How can transaction data categories help financial app developers better understand user’s spending behavior and improve their financial wellness?

As Gen X and Y begin to accumulate more wealth—and inherit it—they are forcing financial institutions to radically rethink how they deliver services and evolve their digital wealth management offerings. How can financial institutions engage Gen X and Y prospects, who are generally more conservative and less trusting of financial advisors than their baby boomer parents?

The Financial Conduct Authority (FCA) recently published Consumer Credit: Protecting Your Business From Financial Crime.  The booklet is primarily for consumer credit firms regulated by the FCA to provide guidelines for Know Your Customer (KYC) practices to reduce the risk of financial crimes.  

When it comes to the fintech world, bots have already found their way into a few basic functions with apps and some forward-thinking financial institutions, but they have a lot more potential. They can help your customers with basic information and tasks, such as opening an account, making mortgage payments, and even finding an ATM.

Envestnet® | Yodlee® recently exhibited at the inaugural Singapore Fintech Festival that was organized by the Monetary Authority of Singapore and the Association of Banks in Singapore. Aimed at the global fintech community, the event had over 11,000 attendees including startups, technology companies, investors, financial institutions, research institutions and innovators.

Imagine being able to contact a digital financial advisor, ask straightforward questions, and get instant answers at any time of day. This advisor can view your entire financial picture — all your financial accounts, bills, and payments — and let you know whether you can afford a particular purchase or not.

What are the latest tools, platforms, and case studies from the technology side of financial services? We recently participated in FinDEVr Silicon Valley, the premier event for fintech developers that showcased technologies from innovative companies including our partners Blend, Personal Capital, Sindeo, and Totum. Our team also presented the complete Envestnet | Yodlee API toolbox […]