General

Is Yodlee public?

Is Yodlee public?

Yodlee started operations (and is headquartered) in Redwood Shores, California. On October 3, 2014, Yodlee went public on NASDAQ, trading under the symbol YDLE. It raised $75 million at $12/share. On August 10, 2015 Yodlee sold itself to Envestnet for a reported $660 Million.

What is the advantage of account aggregation?

The primary benefit of aggregating account data is the ability for consumers to see and access their account information and financial insights in one location, anytime, anywhere. Better insight means better-informed decisions, which means better relationships and more opportunities to generate additional revenue.

What is an account aggregation service?

Account aggregation is a process in which data from many—or all—of an individual’s or household’s financial accounts are collected in one place. For example, an online banking service may provide a home page on which account holders can see information from all of their checking, savings, CDs, and brokerage accounts.

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How safe is account aggregation?

Aggregation services are certainly safe, but there are functional issues that sometimes occur that may leave customers confused about the security of their financial data, a risk no financial institution is willing to take.

Why ALLDATA aggregation from Fiserv?

Whether you are looking to add a new data aggregation source to an existing blended environment or to an app in the concept phase or already in market, choosing AllData ® Aggregation from Fiserv will help you grow your business. Complete insights from a 24-month transaction history. Account types, average balances, and transactions.

What is financial data aggregation and why does it matter?

Financial data aggregation is the backend technology that powers many of the financial services apps we love to use and build today. Historically there have been two leaders of financial data aggregation: Plaid and Yodlee. But the world of financial data aggregation is rapidly changing.

How can you use ALLDATA aggregation to empower consumers?

Empowering consumers doesn’t get any easier. AllData Aggregation via REST API provides multiple ways for you to access consumer-permissioned data covering dozens of vertical markets. This provides actionable insight that can be used to develop solutions for retail, wealth management, consumer lending and financial services.

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Does Yodlee have direct access to data?

The short answer is Yes… mostly. One of Yodlee’s strategies is to establish direct access partnerships with their data sources. The company claims that up to 70\%+ of their data sources have this type of data access method.