We know customers like convenience —but are online banking users really going to be comfortable with an on-screen, static display of their financial information? Online personal finance aggregator Wesabe seems to thinks so, when last week it introduced gadget software that PC users can employ to show an “up-to-date” snapshot of their finances through the Vista OS sidebar.
The gadget connects users to their Wesabe accounts, where their banking and credit card balances and transactions are continuously updated. A single log-in is only required during initial startup of the user session. "This is hugely convenient,” says Marc Hedlund, CEO of Wesabe, in a statement. “Instead of having to log in to individual bank sites or even Wesabe to check your balances, you just have to check your Vista sidebar.”
Wesabe’s security features include SSL encryption of network communication and the “read-only” nature of the gadget, through which no transactions can be conducted.
But what about the nosy friend or co-worker looking over the shoulder – or while you’re getting coffee? Better get that screen-saver in order.