PFM and account aggregation company Yodlee made two announcements today.

First, it announced the availability of MoneyMovement, a platform that handles money transfers and payments.

“The open, API-driven Platform enables financial institutions and other transactions providers to deliver specific functionality – such as account-to-account funds transfers, pay anyone bill payments, person-to-person (P2P) payments, same-day (expedited) payments, and much more – all from a single, secure payments environment.”

The platform’s capabilities, as stated on the press release, are listed below:

• Account-to-account funds transfer
• P2P capabilities
• Full, end-to-end pay anyone bill pay capabilities
• Intelligent payments routing (for least cost or most profit)
• Revenue generating expedited and card based payments
• Compatible with all major open and proprietary US remittance networks
• Mobile payment and transfer capabilities
• Real-time risk-management capabilities
• Risk-based and good funds models
• Complete regulatory and reporting compliance
• Optional payment operations services

Because MoneyMovement features can be used as embedded features in Yodlee’s FinApps or as stand-alone applications, the platform can be tailored to the needs of both large and small financial institutions.

Its second announcement features a partnership with Zoho, in which Yodlee will provide account aggregation for Zoho Books, Zoho’s online accounting software.

This reduces data entry by providing an automatic bank feed into the software.

To learn more about Yodlee, watch its FinovateFall 2011 demo.