Wells Fargo will enable customers to share financial data with third parties via Envestnet | Yodlee’s platform.
This move will help the bank take advantage of pandemic-driven use of financial wellness apps.
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Customers of the major bank will be able to share their financial data via an API with over 1,400 third-party financial applications that use the Envestnet | Yodlee Financial Data Aggregation Platform.
Going forward, Wells Fargo intends to offer clients more fine-grained control over how they share their financial data by allowing them to toggle data sharing on and off and manage what data is shared with Envestnet | Yodlee-supported apps within Wells Fargo’s digital Control Tower feature. The bank plans to start launching the