DETROIT, July 28, 2020 /PRNewswire/
-- Benzinga, an innovative and dynamic financial media
outlet, ahead of its annual Benzinga Global FinTech Awards, a day
of deal-making, networking, and recognition in the financial
technology space, announced it has partnered with Envestnet |
Yodlee®.
What Does It Mean?
Envestnet | Yodlee is the leading data aggregation and analytics
platform enabling innovation and insights for financial service
providers. Envestnet | Yodlee has proudly fueled digital financial
innovation for more than 20 years and partners with more than 1,300
financial institutions and FinTechs to help consumers achieve
better financial lives.
In partnership with Benzinga, Envestnet | Yodlee will promote
industry-wide innovation through its sponsorship and recognition of
those disruptive innovators that create positive and diverse change
within the financial services space at the 2020 Global FinTech
Awards.
Award Categories Benzinga and Envestnet | Yodlee will nominate
include the following:
- Alternative Data: Technologies that enable intelligent
and impactful problem-solving.
- Digital Banking: The digitization,
hyper-personalization, and democratization of traditional banking
services.
- Insuretech: The convergence of AI and data analytics in
providing insurance solutions.
- Institutions: Mentorship and experiences that bring to
life innovative finance solutions.
- Investing: Solutions that enable investors to make a
greater impact on their finances.
- Lending: Technology that gives users a boost when
financial goals seem out of reach.
- Payments: Platforms that facilitate the transaction or
exchange of money electronically.
Additionally, Envestnet | Yodlee, and Benzinga will acknowledge
excellence in innovation amidst challenges resulting from the
COVID-19 pandemic. This category includes nominations for the
following two awards:
- Innovation During COVID-19: Companies that have made
significant technological progress in light of recent economic
challenges.
- Crowd Favorite: Leading providers of a product or
service that is essential for continued progress.
Envestnet | Yodlee will also award its 2nd annual FinTech
Innovation Achievement for excellence in the following
categories:
- Most Innovative Financial Institution: Financial
institutions that have recently implemented technology allowing
users to improve their financial wellness.
- Most Innovative FinTech Startup: Startups that overcame
challenges to develop a new approach to making an impact.
- Best FinTech Ecosystem Partner: Organizations that best
deliver on partnership commitments.
Why It Matters?
The partnership comes as the uncertain climate during the
COVID-19 pandemic has complicated fundraising and revenue
generation for emerging and established FinTech companies.
"From start-ups to well-funded FinTechs, banks, and Fortune 500
companies, we are committed to fostering an ecosystem for success
despite these challenging times," said Christine Loredo, Vice President of Evangelism
at Envestnet | Yodlee.
"We know that innovators in our ecosystem are keenly aware of
the need for creative financial wellness solutions and we want to
do all that we can to help them keep up the momentum. This
partnership with Benzinga helps companies build a launchpad for
further success."
To learn more about fintech innovation and recognition, click
here.
About Benzinga
Benzinga is a leading financial media company dedicated to
making information easier to consume. Benzinga's news desk is
constantly breaking stories and moving billions of dollars of
market capitalization through its real-time news tool, Benzinga
Pro. Benzinga's original content is syndicated to 70 partner
websites including Yahoo! Finance MSN, CNNMoney, Fox Business, and
MarketWatch.
About Envestnet
Envestnet, Inc. (NYSE: ENV) is transforming the way
financial advice and wellness are delivered. Our mission is to
empower advisors and financial service providers with innovative
technology, solutions, and intelligence to make financial wellness
a reality for everyone. Over 103,000 advisors across more than
4,900 companies including 16 of the 20 largest U.S. banks, 46 of
the 50 largest wealth management and brokerage firms, over 500 of
the largest RIAs, and hundreds of FinTech companies, leverage the
Envestnet platform to grow their businesses and client
relationships.
For more information on Envestnet | Yodlee, please visit
www.yodlee.com, subscribe to our blog, and follow us on Twitter
(@Yodlee) and LinkedIn.
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SOURCE Benzinga