There are few companies in the world that can rival the aggregation power of an America Online or a Microsoft. Unfortunately for credit unions, both of these tech giants have announced financial aggregation plans. * AmericaOnline will leverage its different brands to bring the service to millions of Web surfers. AmericaOnline and CompuServe users and Netscape Netcenter visitors will be able to aggregate their financial relationships using Yodlee.com's platform. * Search engine/portal powerhouse AltaVista has also signed an aggregation deal with Yodlee.com. * Microsoft's MSN Money Central inked a deal with Corillian Corporation to bring aggregation tools to its users using Corillian's OneSource OFX Network. MSN MoneyCentral has approximately 10 million users. * Intuit has launched an aggregation service at its Quicken.com site. -pgentile@cutimes.com
From the June-28, 2000 issue of Credit Union Times Magazine • Subscribe!
The aggregation threat from non-financial providers
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