The Redwood City, Calif., banking technology vendor Yodlee Inc. said it has signed more than 30 bank customers for a joint automated account-opening and funding product it offers with Andera Inc. of Providence, R.I.
Yodlee announced the milestone this week. The two companies started offering the product in August. The product, offered as part of Yodlee's MoneyCenter online banking software, combines Andera's account funding technology with Yodlee's customer verification technology to authorize immediate funding for newly-opened accounts.
Bill Parsons, Yodlee's senior vice president of field operations, said in a press release that the two companies' capabilities "are very complementary, with Yodlee extending Andera's product reach into the larger bank market and Andera helping Yodlee technology reach additional market segments."