The issues are similar to those swirling around account aggregation services (see "Aggregation Aggravation", October 2000).

Citigroup recently announced that it tapped the services of Obongo, a Redwood City, CA-based software company, to create the Citibank Toolbar. Theoretically, the toolbar takes us one step closer to a utopian one-click shopping experience. The 18-month-old Obongo, which describes itself as a pre-IPO firm, will store user names and passwords, credit card numbers and bank account information on its own computers.

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