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| Yodlee sees 30 millionth user, 45 patents |
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July 19, 2011
Yodlee, Inc., a provider of online personal financial management and revenue-generating payments solutions, said it has surpassed 30 million registered users of Yodlee-powered products and services worldwide. Yodlee works with global financial institutions and portals to deliver flexible applications and delivery platforms that empower consumers and small businesses to track and manage their financial affairs, from budgeting to account balancing, funds transfer, and bill payment. “The rapid growth we’re seeing in registered users leaves no doubt that online banking is rapidly transforming into PFM, empowering users to quickly and easily understand and manage all their finances through highly personalized, app based functionality, like Yodlee FinApps. Innovation in financial services can now move safely and securely, at Internet speed.” said Joseph Polverari, Yodlee’s Chief Marketing and Strategy Officer. Yodlee has a broad portfolio of patents covering: personal financial management, data categorization, targeted marketing and offers, data aggregation and analysis, electronic bill pay and funds transfer, mobile banking, online authentication, instant account verification, auto-login, automated tax preparation, and alerting. “More than a dozen years ago we began to invest in the protection and enforcement of our innovations and inventions. We’re seeing that investment pay off now, with 45 issued patents, covering core Yodlee products and business models, such as data aggregation, categorization, instant account verification, and even PFM itself,” said Peter Hazlehurst, Yodlee's chief product officer. More information is available at: http://www.yodlee.com/2011_7_5.html |
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