The Norcross, Ga., banking technology vendor S1 Corp. said Tuesday that it is planning to offer its clients personal financial management and bill payment software from Yodlee Inc.
Yodlee, a Redwood City, Calif., company, uses aggregation techniques to pull data from several bank sites and present it on one screen in its PersonalFinance product. It uses similar techniques for its DirectPay online bill payment product, which lets consumers pay bills at a bank's site using credit cards.
S1 said it would offer the products starting in the third quarter to U.S. customers of its Postilion unit, which serves small and midsize financial institutions.
"Today's community bank and credit union consumers and small-business customers demand a richer, full-featured, self-service banking and payments offering," Pierre Naude, the senior vice president and general manager of Postilion's Americas business, said in a press release.
