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| [April 25, 2005] |
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Yodlee Congratulates Its Customers Bank of America and E*TRADE on Winning Forbes Awards
REDWOOD CITY, Calif. --(Business Wire)-- April 25, 2005 -- Yodlee, Inc. is pleased to congratulate two of its customers: Bank of America and E*TRADE for receiving "Forbes Best of the Web" Spring 2005 Awards for innovative and consumer-friendly Web sites.
"We're thrilled to be working with the leaders in online banking innovation," said Anil Arora, President and CEO of Yodlee, Inc. "The Forbes Awards showcases the hard work that goes into building a truly superior online experience for consumers."
The Forbes Best of the Web awards are Forbes' editors' picks of the best Web sites in multiple areas, including personal finance as well as travel, shopping, health, investments, education, and more.
Bank of America
Bank of America, who leverages Yodlee's OnCenter solution, won a Forbes "Best of the Web" award for the Banking category. According to Forbes, "Chief among the (BofA-Fleet) merged-bank perks: more than 16,000 ATMs within the Bank of America system means you should rarely pay a fee. Other pluses: Checking is free with direct deposit, otherwise $6 per month, and there's no minimum balance requirement. Online bill paying is free with checking and you can get account balances and information up to the last 18 months activity."
E*TRADE
E*TRADE, who utilizes Yodlee's Instant Account Verification service, also won a Forbes "Best of the Web" award for Banking. According to Forbes, "Fully participating in the blurring of investment and consumer banking, E-Trade offers an attractive array of banking services. With one of the largest networks of ATMs nationwide, you can get cash for no fee at more than 15,000 ATMs, although you'll pay ATM operator fees. Quick transfers to and from E-Trade Securities and from other institutions are a fast way to move money. Plus it has some cool extras like a register that lets you categorize expenses and a seven-day projected balance feature that takes into account things like scheduled payments and deposits."
About Yodlee
Yodlee is the trusted leader in providing compelling financial solutions that increase profitability by leveraging Yodlee's industry-leading Aggregation Platform. Yodlee's patented aggregation technology powers and enhances a multitude of online financial offerings, including Personal Finance solutions (OnCenter Suite), EBPP solutions (BillDirect and CardDirect), Wealth Management solutions (AdvisorView), and Risk Management solutions (Instant Account Verification). Yodlee operates in the U.S., U.K., Australia, and Japan, and has amassed more than five million users, over $180 billion aggregated across its network, and more than 100 clients, including many of the world's top financial institutions and portals: American Express, AOL, Bank of America, Charles Schwab, Citigroup, E*TRADE, Fidelity, JPMorgan Chase, Merrill Lynch, MSN, and Wachovia. Yodlee is headquartered in Redwood City, California. For more information about Yodlee's industry-leading solutions, visit www.yodlee.com.
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