New Yodlee Tool Supports Funds Transfers

Yodlee Inc. has added money movement and risk mitigation capabilities to its personal financial management system.

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The new tools allow account-to-account funds transfers, pay-anyone bill payments, person-to-person payments, expedited payments and immediate risk management capabilities, the Redwood City, Calif.-based 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," Eric Connors, Yodlee's senior vice president of products, said in a press release.

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