Boursorama and Yodlee Announce Expanded Money Center Services
By Yodlee Inc., PRNEMonday, April 18, 2011
Integrated import of accounts from multiple banks and advanced budget management tools empower French consumers to control all aspects of their financial lives
REDWOOD CITY, California and PARIS, April 19, 2011 - Yodlee, Inc., the leading provider of online personal financial
management (PFM) and revenue-generating payments solutions, and Boursorama, a
member of the Societe Generale Group and a major force in European financial
services, today announced the launch of significant new services, powered by
Yodlee, within Boursorama's Money Center personal financial management tool.
Boursorama is the first financial services provider in France to offer
secure and comprehensive personal financial management to its customers.
Money Center is available free of charge to Boursorama Banque's customers.
The Boursorama Money Center service enables customers to:
- Perform detailed budget management: Track and analyse spending by category and create alerts to understand and control personal budgeting - Track assets and investments: Follow the value and amortization of assets and investments - Manage scheduled transactions: Evaluate finances in the context of scheduled payments and transfers - Review historical data: Information in Money Center does not expire, so users can review historical trends to gain valuable and actionable insight
Yodlee solution allows users to also:
- Automatically import accounts from any major French bank with only a few clicks to receive a comprehensive and actionable overview of finances and transactions - Receive automatically updated data: All integrated bank account information is updated daily
"Because more than a third of French consumers have accounts in multiple
banks(1) and with an ever-growing demand for secure and comprehensive PFM
services from European consumers, Boursorama is in a great position to offer
a valued and compelling consumer service," said Jason O'Shaughnessy, Yodlee's
Managing Director, EMEA. "We are pleased to be working with Boursorama to
bring these powerful money management capabilities to the French market."
"The Money Center service is the first PFM tool of its kind in France and
through the new applications powered by Yodlee: automatic external account
linking, we have provided a unique and innovative service to our clients,"
said Ines Mercereau, Chairman and CEO of Boursorama.
For more information, visit
https://www.boursorama.com/moneycenter/index.phtml.
About Yodlee
Leading financial institutions and portals trust Yodlee to power critical
online banking applications that increase profitability and drive more value
from the online channel. Yodlee's proven, patented personal financial
management, payments, and customer acquisition solutions unify all personal
financial account information to deliver a simple, centralized and secure way
for consumers to manage all of their financial tasks anytime, anywhere.
Yodlee makes financial institutions' websites essential to their customers
and generates new deposit and revenue opportunities. Yodlee's patented data,
payments and risk management utility supports more than 12,000 unique account
sources and over 120,000 different account types. More than 300 leading
financial institutions and portals offer Yodlee-powered solutions to millions
of customers worldwide. Yodlee is headquartered in Redwood City, California.
For more information, visit www.yodlee.com.
About Boursorama
Founded in 1995, Boursorama is a major player in online savings in Europe
and is part of the Societe Generale Group, with more than 6.2 million orders
executed in 2010, 711,988 direct accounts and total assets under management
of around euro 15bn at end-2010. Boursorama Group is present in four
countries. In France, it is market leader in online financial information
with the www.boursorama.com portal and a key player in online banking
under the Boursorama Banque brand. It is a key online broker in the United
Kingdom and Spain under the respective brands of Self Trade and Self Bank. In
Germany, Boursorama holds 92.9% of the shares of OnVista AG, and operates
under the OnVista Bank brand. Boursorama is listed on Eurolist by Euronext
Paris - compartment B - ISIN: FR0000075228 (BRS) - Reuters: FMTX.LN -
Bloomberg BRS FP. For all the latest financial news on Boursorama, go to:
Groupe.boursorama.fr
Yodlee, Yodlee 10, and Yodlee FinApp Store are trademarks or registered
trademarks of Yodlee, Inc.
(1) Report on banking tariffs by Georges Pauget and Emmanuel Constans,
July, 2010
Erin Mitchell, RLM Public Relations for Yodlee, Inc., Yodlee at RLMpr.com, +1-212-741-5106 x233
Tags: April 19, california, California And Paris, France, Redwood city, Yodlee Inc.