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Yodlee Adds Money Movement Service

APR 4, 2012 1:33pm ET
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Yodlee has added money movement and risk mitigation capabilities to its personal financial management system.

The new tools allow account-to-account funds transfers, pay-anyone bill payments, person-to-person payments, expedited payments and real-time risk management capabilities, the Redwood City, Calif., vendor said Wednesday.

"We've designed, built and tested our platform in conjunction with the world's largest retail banks to be flexible, scalable, and extensible in response to the rapidly evolving payments landscape in which our customers must now compete," said Eric Connors, Yodlee's senior vice president of products, in a press release.

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