Post Tagged with: "Yodlee"

Enriched Data Leads to a Better Breed of Personal Financial Management Tools

Enriched Data Leads to a Better Breed of Personal Financial Management Tools

by August 12, 2016 at 11:53 am 2 comments

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

Robos and the DOL Ruling: The Future of Wealth Management

Robos and the DOL Ruling: The Future of Wealth Management

by August 10, 2016 at 3:34 pm 1 comment

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

Yodlee’s Wealth Management Focus Involves Some Robos

Yodlee’s Wealth Management Focus Involves Some Robos

by June 13, 2016 at 12:29 pm 0 comments

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 Says It Has Reached Less Than 5% of Its Market

Yodlee Says It Has Reached Less Than 5% of Its Market

by May 10, 2016 at 11:10 am 2 comments

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

Yodlee Widens Its Lending Services with Credit Risk Data Product

Yodlee Widens Its Lending Services with Credit Risk Data Product

by April 11, 2016 at 10:00 am 0 comments

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

Finicity Launches TxPUSH to Create Financial Data Aggregation Standard

Finicity Launches TxPUSH to Create Financial Data Aggregation Standard

by March 30, 2016 at 10:39 am 1 comment

Think of TxPUSH as the middleware of financial data. Finicity yesterday at FinDEVr here in New York launched TxPUSH to create a standard for financial data aggregation. Finicity, launched in 1999, is one of the main purveyors of financial data, along with Envestnet Yodlee. The TxPUSH initiative is part ofRead More

Yodlee Deal with Vanguard Exemplifies Move Toward Investment Sector

by March 29, 2016 at 11:54 am 3 comments

It seems the wind appears to be blowing toward the investment management sector at Envestment-owned firm Yodlee. Yodlee, a leading data aggregation and data analytics platform, took a step toward the investment sector today with the announcement of a strategic partnership with Vanguard, one of the largest investment management companies in the world. TheRead More

Fintech API Providers Band Together to Form Network

Fintech API Providers Band Together to Form Network

by September 16, 2015 at 9:38 am 5 comments

Now the API community is joining forces. Xignite, which bundles and distributes financial data via API, or application programming interface, today unveiled a network of APIs called the #FintechRevolution API Ecosystem. That the site features a photo of Ernesto “Che” Guevara, the Argentine Marxist revolutionary and guerrilla leader, should tell you something about the initiative. InRead More

Did Data Undervaluation Drive Yodlee’s Sale to Envestnet?

Did Data Undervaluation Drive Yodlee’s Sale to Envestnet?

by August 10, 2015 at 5:41 pm 0 comments

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

Yodlee Scores Northwest Mutual as a Client

Yodlee Scores Northwest Mutual as a Client

by May 8, 2015 at 10:11 am 1 comment

Yodlee has secured a client agreement with The Northwest Mutual Life Insurance Co., the company disclosed yesterday. Northwest Mutual is a notable win, considering the insurance company’s $26.7 billion of total revenue in 2014. Anil Arora, Yodlee’s CEO, told investors yesterday that Yodlee has “recently launched both the Yodlee wealthRead More