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HSBC trialling app that automates your savings
While all the major banks have pretty good online facilities, there's a whole breed of nimble startups using mobile apps and bank account data to create new, more personalised money management services. Hoping to learn some new tricks, HSBC announced today it has partnered with one of these fintech pups, Pariti, to launch a standalone iOS app geared towards "micro-savings." The SmartSave app, which you can link to any bank account HSBC or otherwise, will automatically transfer money into savings or investments accounts based on user-defined rules.
