Vodafone, Yodlee sign mobile banking pact

Yodlee announced a framework agreement in which Vodafone UK will exclusively re-sell Yodlee's mobile banking solution through its Target programme. Yodlee Mobile will be individually branded for each UK financial institution to provide customers with secure access and proactive monitoring across multiple financial accounts, including banking, investments, bills and credit cards.

Access is available through a mobile WAP browser as well as two-way text messages, and alerts can be received on email as well as through text.

Two major UK financial institutions have already signed up for the Vodafone/Yodlee Mobile Banking solution, and will launch the service by the end of the year.

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