Yodlee inks deals with ANZ, Yes Bank, Ivobank and Kublax

Source: Yodlee

Yodlee today announced four new, market-leading launches in three countries: Australia, India, and England.

Additional European launches are scheduled throughout the year, as Yodlee's business outside of the United States becomes a growing portion of the company's revenue and focus.

New customer launches include Australia and New Zealand Banking Group Limited's ANZ MoneyManager service, YES BANK's MoneyMonitor service (India), and Kublax (a new consumer portal) and Ivobank (a new bank) in England. Collectively, these institutions and entities have the ability to deliver Yodlee powered personal financial management (PFM) solutions to millions of new users worldwide.

This milestone signifies an increasing global demand from consumers for more advanced online financial services and a growing necessity among financial institutions to implement solutions that increase the value of the online channel and deepen customer relationships.

"This expansion into multiple new markets validates Yodlee's near ten year track record of innovation and PFM leadership on a global scale," said Jason O'Shaughnessy, Director of International Business Development at Yodlee in London. "The current crisis in financial services and broader global economic crisis highlights the need that all consumers have to understand and interact with their finances. So far, more than 20 million consumers worldwide have trusted Yodlee solutions to help them make sense of their financial lives. We especially enjoy working with leaders like ANZ, YES BANK, Kublax, and Ivobank who share our passion for innovation and commitment to consumers and their financial well-being."

Consumers worldwide are looking for a more holistic way to understand, manage and interact with their finances. Yodlee's patented data and payments engine enables consumers to see a 360 degree view of all of their financial accounts through a single interface; anywhere, any time. Combined with Yodlee's intuitive budgeting, expense categorization and management tools and integrated transactional capabilities, Yodlee helps consumers easily understand and manage their financial lives.

"Yodlee is breaking down the functional and technical silos that have historically made personal financial management difficult, if not impossible. We believe that consumers should be able to manage, interact with, and transact upon all of their financial accounts - anywhere, any time; and from any computer or mobile device," said O'Shaughnessy. "That means everything can be integrated into a single, seamless consumer experience: online banking, PFM, bill payments, funds transfers, account opening, alerts - almost anything a consumer needs to do on a regular or one-off basis to stay in good financial standing and make smart financial decisions."

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