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Did you get that question i commented you with yesterday?
Besides, a lot of my financial accounts nowadays use additional authentication verification mechanisms beyond a mere userid/password combo and thus likely wouldn't work anyway.
How about someone create an open source version that I can run on my own machine, so there is no need to store the passwords on a 3rd party system somewhere in the cloud? (open source, of course, so I can review the code to make sure it doesn't phone home).
Looks like I'm late to the party, but I'll answer anyway:
Memengo Wallet only stores the passwords, it doesn't use them to access other web sites or anything. In fact it could never use them as passwords are encrypted before they are sent to the Memengo.com Web site (this encryption layer is actually the selling point).
FD: I'm the author of Memengo Wallet.