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Yodlee®, Inc. and Postilion Partner to Deliver Integrated Personal Financial Management & Card-Based Online Bill Payment

PR Newswire, May 6, 2008

Postilion to Enable Greater Bill Payment Flexibility and Interchange Revenue Opportunities Via Yodlee PersonalFinance(TM) And DirectPay(TM)

REDWOOD CITY, Calif. and NORCROSS, Ga., May 6 /PRNewswire-FirstCall/ -- . Yodlee, Inc. and Postilion, a leading provider of integrated software solutions for self-service banking and payments and a division of S1 Corporation , today announced a partnership to integrate Yodlee PersonalFinance(TM) and Yodlee DirectPay(TM) into Postilion's Retail and Business Internet Banking solutions to enable Postilion's' financial institution customers to deliver stronger online banking solutions and develop new revenue-generating opportunities via card-based online bill payment.

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Yodlee PersonalFinance is an award-winning personal financial management (PFM) solution that gives consumers convenience, insight, and control over their finances, and helps financial institutions become the primary, trusted financial center for their customers, regardless of where their accounts are held. Yodlee PersonalFinance helps consumers easily manage spending, set budgets, monitor transactions, review cash flow trends and predictions, and guard against fraud. With Yodlee PersonalFinance, consumers can manage, interact with, and transact upon virtually any held or held-away account through a single, consolidated online experience at their primary financial institution.

Yodlee DirectPay is Yodlee's proprietary card-based payment network. Yodlee's over 300 DirectPay billers represent over 40 percent of major U.S. billers by volume today and give most consumers an opportunity to pay nearly half of their monthly bills with a card. For consumers, it means the flexibility for later payments, the ability to earn rewards points, and, in most cases, same-day payment credit. For financial institutions that issue credit or debit cards, DirectPay opens up significant new sources of interchange revenue driven by bill pay.

"Today's community bank and credit union consumers and small business customers demand a richer, full featured self-service banking and payments offering, including the ability for more automated, holistic financial management and more control and flexibility over payments," said Pierre Naude, Senior Vice President and General Manager, Postilion Americas. "Yodlee has demonstrated leadership in delivering easy-to-use PFM capabilities and card- based bill payments and we are pleased to announce our partnership with them to deliver our customers these enhanced bill payment options, as well as new fee income opportunities."

"Research shows that a majority of users want PFM and card pay capabilities as a feature of their online banking solution," said Anil Arora, President and CEO of Yodlee, Inc. "Working with leading channel partners like Postilion enables us to make this functionality available to a broader bank and consumer segment. Consumers can finally gain control over their finances, and the ability to make payments how and when they want; while financial institutions can greatly improve customer satisfaction and open up valuable new sources of revenue."

The Postilion self-service solutions, including Retail and Business Internet Banking, Voice Banking, ATM Driving, Card Management, and Mobile, are packaged and developed to run on a single platform, easily configurable and administered through a single management portal to meet the varying needs of community banks and credit unions. These solutions can be deployed in an ASP or on-premise environment.

Availability

The Yodlee PersonalFinance and Yodlee DirectPay features are scheduled to be available as fully integrated components of the Postilion solutions suite to all US Postilion customers in Q3/08.

About Postilion

Postilion, a division of S1 Corporation , is a leading provider of integrated solutions for self-service banking and payment processing. Postilion offices, on five continents, serve over 1,500 customers in more than 50 countries. Postilion solutions drive self-service financial transactions and payments, including advanced transactions such as prepay, through Internet access points, ATMs, POS terminals, and phones.

More than 100,000 ATMs and 500,000 POS terminals worldwide run on Postilion solutions. In the United States, over 1,250 credit unions and community financial institutions use Postilion solutions. Built on open systems, Postilion solutions provide consolidated management information, card management, 3DES and EMV enablement, and loyalty management. At the forefront of compliance with new regulations and security enhancements, such as the Payment Card Industry Data Security Standard (PCI DSS) and Visa's Payment Application Best Practices (PABP), Postilion can help customers achieve compliance with the latest data security standards developed by the payment card industry. More information is available at http://www.postilion.com/.

About S1 Corporation

S1 Corporation delivers customer interaction software for financial and payment services and offers unique solution sets for financial institutions, retailers, and processors under three brand names: Postilion, S1 Enterprise and FSB Solutions. Additional information about S1 solutions is available at http://www.s1.com/, http://www.postilion.com/, http://www.s1enterprise.com/, and http://www.fsb-solutions.com/.

Yodlee®, Inc. and Postilion Partner to Deliver Integrated Personal Financial Management & Card-Based Online Bill Payment

PR Newswire, May 6, 2008

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