REDWOOD CITY, Calif.--(BUSINESS WIRE)--Yodlee Interactive, the business unit of Yodlee, Inc. (NASDAQ: YDLE) enabling developers, entrepreneurs and Fortune 500 tech innovators to securely access transactional data via a set of APIs, today announces it was named one of the four Best of Show winners at FinDEVr 2014. Yodlee Interactive won the Best of Show award for its secure APIs that connect financial apps and services -- like BillGuard, LearnVest, Wisely, Dwolla and more – with significantly accurate categorical financial data.
At the conference, Joe Polverari, chief strategy and development officer of Yodlee and general manager of Yodlee Interactive, also announced a new private beta program that will add unique geo-location information to the company’s financial data, which the company accesses from millions of consumers worldwide. This layer of location-based insights will show developers where, in addition to how, money is being spent, allowing them to make their financial app offerings more personalized and relevant.
Hosted by The Finovate Group, FinDEVr is the first event for financial technology developers, and award winners were chosen based on voting by conference attendees. This first-annual FinDEVr conference featured more than 400 industry professionals, including attendees from USAA, Capital One, Target, CIBC, Western Union and more. Event sponsors included TD Ameritrade, Visa, Mastercard Developer Zone, Forte and PayPal.
“Our mission is to help developers make the best financial apps and services possible, which is why we were eager to be involved in the first annual FinDEVr conference,” said Joe Polverari. “To be named Best of Show at the conference validates our vision. We look forward to rolling out our new geo-location data program, giving developers even deeper data and allowing them to innovate in new ways to make truly disruptive financial products.”
Yodlee Interactive also created a unique partner lifecycle program, called NEXT by YI, which is designed to help promote and accelerate innovation by developers and companies working in the financial technology space. Recently, the company announced it’s providing its NEXT Incubation inductees new program offerings. Now, successful inductees will not only receive six months of free access to Yodlee’s API, but will also receive a cash investment of $20,000 to kick-start their projects, development support and more. The company will announce the new cohort in the next forty-five days.
About Yodlee Interactive
Yodlee is a leading technology and applications platform powering dynamic, cloud-based innovation for digital financial services. Yodlee Interactive makes the Yodlee platform available to digital services companies and developers via open and secure data APIs, to build next-generation financial apps and services. Today, hundreds of companies, large and small, are powered by Yodlee Interactive, accelerating FinDat innovation globally.
Yodlee and Yodlee Interactive are headquartered in Redwood City, California. For more information, visit interactive.yodlee.com.