Comments on: Kublax wins further funding http://eu.techcrunch.com/2008/02/22/kublax-wins-further-funding/ Tracking European web and mobile start-ups Tue, 24 Nov 2009 16:40:27 +0100 hourly 1 By: gareth wong http://eu.techcrunch.com/2008/02/22/kublax-wins-further-funding/comment-page-1/#comment-220002 gareth wong Thu, 07 May 2009 13:53:36 +0000 http://uk.techcrunch.com/2008/02/22/kublax-wins-further-funding/#comment-220002 Well, ontop of the two firms about there is also another startup in Madrid called Unience, I met their founder last year there: http://www.unience.com/ Mike, shall send an introduction to you guys and hope the winner takes it all... or everyone is a winner? Well, ontop of the two firms about

there is also another startup in Madrid called Unience, I met their founder last year there: http://www.unience.com/

Mike, shall send an introduction to you guys and hope the winner takes it all… or everyone is a winner?

]]> By: robin klein http://eu.techcrunch.com/2008/02/22/kublax-wins-further-funding/comment-page-1/#comment-219502 robin klein Wed, 06 May 2009 13:13:52 +0000 http://uk.techcrunch.com/2008/02/22/kublax-wins-further-funding/#comment-219502 Kublax set out their security structure schematically quite nicely here: http://bit.ly/10KMHT Kublax set out their security structure schematically quite nicely here:
http://bit.ly/10KMHT

]]> By: Larissa http://eu.techcrunch.com/2008/02/22/kublax-wins-further-funding/comment-page-1/#comment-116530 Larissa Mon, 25 Feb 2008 23:09:55 +0000 http://uk.techcrunch.com/2008/02/22/kublax-wins-further-funding/#comment-116530 Mike, Yodlee has written consent from a few banks to "screenscrap" their website for the user's data. However, Yodlee will only do so when the client himself agrees to it and the client himself gives Yodlee his login info. The key points here are: 1) there's a consent from the user to pass on their login information to tools like this; 2) the login information will only allow the tool to display the user's encrypted information to the user himself (data is encrypted from one end to the other) 3) Assuming most banks nowadays require 2nd level passwords for transactions, login information will only display balance data, no transactions can be made; 4) the user has ownership of his data, therefore, he can pass on his login information to whomever he chooses to. Mike, Yodlee has written consent from a few banks to “screenscrap” their website for the user’s data. However, Yodlee will only do so when the client himself agrees to it and the client himself gives Yodlee his login info. The key points here are: 1) there’s a consent from the user to pass on their login information to tools like this; 2) the login information will only allow the tool to display the user’s encrypted information to the user himself (data is encrypted from one end to the other) 3) Assuming most banks nowadays require 2nd level passwords for transactions, login information will only display balance data, no transactions can be made; 4) the user has ownership of his data, therefore, he can pass on his login information to whomever he chooses to.

]]> By: Mike http://eu.techcrunch.com/2008/02/22/kublax-wins-further-funding/comment-page-1/#comment-116528 Mike Mon, 25 Feb 2008 22:53:11 +0000 http://uk.techcrunch.com/2008/02/22/kublax-wins-further-funding/#comment-116528 Hmmmm, security is THE issue. Mint.com in the USA has a gorgeous looking site, and has been heavily covered by many of the tech blogs, but they have a soft underbelly - using screenscraping courtesy of an outfit called Yodlee, allegedly! A few of the security-savvy commentators have already noted that this breaks most banking sites terms of service. I'm interested to see how Kublax tackles this. Hmmmm, security is THE issue. Mint.com in the USA has a gorgeous looking site, and has been heavily covered by many of the tech blogs, but they have a soft underbelly – using screenscraping courtesy of an outfit called Yodlee, allegedly! A few of the security-savvy commentators have already noted that this breaks most banking sites terms of service. I’m interested to see how Kublax tackles this.

]]> By: Larissa http://eu.techcrunch.com/2008/02/22/kublax-wins-further-funding/comment-page-1/#comment-116516 Larissa Mon, 25 Feb 2008 20:10:29 +0000 http://uk.techcrunch.com/2008/02/22/kublax-wins-further-funding/#comment-116516 Data sensitivity of course is an issue. However, in account aggregators such as this, usually no "transaction" password is given to the tool, which considerably limits the risk. One would only guess that the investors behind this are taking all the precautions needed to assure that the tool is safe, otherwise, their product simply wouldnt exist... Data sensitivity of course is an issue. However, in account aggregators such as this, usually no “transaction” password is given to the tool, which considerably limits the risk. One would only guess that the investors behind this are taking all the precautions needed to assure that the tool is safe, otherwise, their product simply wouldnt exist…

]]> By: Seth Callaghan http://eu.techcrunch.com/2008/02/22/kublax-wins-further-funding/comment-page-1/#comment-116500 Seth Callaghan Mon, 25 Feb 2008 15:13:03 +0000 http://uk.techcrunch.com/2008/02/22/kublax-wins-further-funding/#comment-116500 A coupe of years into work and I have a handful to manage already. Give me few more years I will sure get crazy with funds everywhere. One place to manage all that sounds interesting. Security of my financial data is primary. One thing I will be watching out for sure. A coupe of years into work and I have a handful to manage already. Give me few more years I will sure get crazy with funds everywhere.
One place to manage all that sounds interesting. Security of my financial data is primary. One thing I will be watching out for sure.

]]> By: Ahmed Ibrahim http://eu.techcrunch.com/2008/02/22/kublax-wins-further-funding/comment-page-1/#comment-116390 Ahmed Ibrahim Fri, 22 Feb 2008 19:14:48 +0000 http://uk.techcrunch.com/2008/02/22/kublax-wins-further-funding/#comment-116390 Sounds very interesting rounding up financial data. I can imagine that the average customer has bank accounts with several institutions left, right and center spreading out savings, investments, current accounts, mortgages, shares etc. The biggest problem for me in this situation is that I hate having to remember the ID keys for each one. My biggest concern for Kublax is obviously security, entrusting a third-party with this amount of personal and ultra-sensitive data is going to be a hard task to swing the tide of public confidence given recent data incidents in the UK. In all cases, good going and I guess we'll have to watch this space. Sounds very interesting rounding up financial data. I can imagine that the average customer has bank accounts with several institutions left, right and center spreading out savings, investments, current accounts, mortgages, shares etc. The biggest problem for me in this situation is that I hate having to remember the ID keys for each one. My biggest concern for Kublax is obviously security, entrusting a third-party with this amount of personal and ultra-sensitive data is going to be a hard task to swing the tide of public confidence given recent data incidents in the UK. In all cases, good going and I guess we’ll have to watch this space.

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