This morning Yodlee announced BillDirect, a new service that combines its bill presentment capabilities with biller direct bill payment.
“When customers can quickly see and pay all their bills on their bank’s website, online banking will become much more useful – and popular. But right now, not enough bills are available in one place and the services are generally too costly,” said Bill Harris, former CEO of Intuit and Yodlee Board Member. “Yodlee’s revolutionary new approach to bill presentment promises to change all that. It’s just what the online banking industry needs for continued growth and better retention.”