Even large technology companies can’t get a simple email right. That’s what happened Tuesday when Envestnet Yodlee errantly blasted out a test email message to an unknown number of recipients. The email was a raw template from the address FISuccess@yodlee.com. It had gibberish as text, image specs for where images shouldRead More
Post Tagged with: "Envestnet"
Context is king in financial services today. The rich data delivered around transactions, particularly from mobile devices, is fueling the growth of a new breed of personal financial management. On Tuesday, data aggregation and analytics platform Yodlee, an Envestnet company, made a further advancement in delivering contextual information to customers while protectingRead More
Roboadvisors are among the hottest trends in fintech — or invest tech, if you prefer — but a new proposed ruling from the Department of Labor has raised questions, specifically: Are roboadvisors fiduciaries? Robos, which provide personalized advice based on algorithms to clients without any need whatsoever for human interaction, seem toRead More
Wealth management will be the focus for Yodlee this year, and robo-advisory may well be a part of it. Yodlee has said before that the acquisition by Envestnet created an opportunity for the data aggregator to dive into the wealth management space. It is now a part of a largerRead More
Yodlee, now part of Envestnet, sees huge opportunities ahead in the wealth management space. Furthermore, Yodlees says it serves only 5% of its addressable market in its core businesses of personal financial management and data aggregation. Envestnet CEO Judson T. Bergman stressed the importance of cross-selling between Yodlee and Envestnet customers on yesterday’sRead More
A few weeks ago Yodlee partnered with Vanguard to practice wealth management. Now the firm’s palette is expanding yet again, to leverage its data to help FIs provide loans to the underbanked. Today, Yodlee is releasing Risk Insight, a way to automate the logistical toils of evaluating potential borrowers’ credit. The toolRead More
Today, Envestnet Inc. agreed to purchase Yodlee, a public company with a languishing stock price, for an enterprise value of $590 million. In part, this transaction appears to be taking place because of the hazy value of data. An interesting blog post on WSJ.com post Friday asked whether the value ofRead More