Yodlee’s account verification lets Obopay users authenticate bank account ownership in real-time by entering their online banking user name and password. This information is confirmed by Obopay through Yodlee in a matter of seconds. Once confirmed, Obopay users can immediately begin sending money between their Obopay account and their existing bank account.
Obopay’s CEO, Carol Realini, said: Obopay is committed to continuing to enhance our users’ experience and our service offerings, and our partnership with Yodlee gives our customers a convenient alternative to confirm their account information and avail of the full suite of Obopay services.
Peter Hazlehurst, senior vice president of product development at Yodlee, said: Obopay is a perfect use of our patented instant account verification technology, giving people the convenience of immediate authorization with the highest security.