Founded in 1999, Yodlee aims to give complete independence to financial institutions and companies to make informed financial decisions, and effectively carry out one click transactions as per safety and security standards. The firm provides technology and applications platform that empowers and enhances digital financial services in the cloud to make financial management more accessible and simple. “Yodlee has been a disruptive catalyst in the financial industry building data-driven financial applications and we intend to deepen customer engagement, interaction through our platform,” delineates Anil Arora, President and CEO, Yodlee. In addition, the company also deftly carries out the processing of multitudinous transactions across vast network of users, assuring the customers an option to embark upon transaction-level data for data analytics, research, and market predictive analysis purposes. Off late more consumers are inclining toward digital banking services and instant account verification.
Yodlees’ Instant Account Verification solution addresses this requirement as it encompasses the Yodlee FastLink application that protects users’ new accounts and their make online purchases. The Yodlee cloud platform for financial services provides digital banking, money management system, and application services for effective working of the institutions in a digital ecosystem.
The Yodlee Retail Banking solution encompasses a suite of FinApps that can enable customers with greater insight into their daily finance management and transactions. The solution gives a digital visual display of the customers’ current account status during purchases.Further, the solution also enables customers to congregate entire pool of their clients’ account information in a central repository to help them gain a clear sight on details about their finances. Many small businesses within the cloud banking area play the key role of being primary growth drivers. In the U.S., around 28.2 million small businesses with limited financial resources account for 48.5 percent of the private sector employment. These firms are on the constant look out for platforms that can address these pain points.
Our platform has proven to be secure to some of the largest financial brand requirements, while delivering operational efficiencies through diverse user networks