HSBC Shares Mobile Banking Insight from Development of HSBC SmartSave

HSBC has shared insight from the development of its HSBC SmartSave app which it developed within the Financial Conduct Authority’s Regulatory Sandbox initiative in partnership with Pariti; the app provides personal finance management services using algorithms and four customer plans; overall the app has proved successful, saving customers 63.17 British pounds ($78.80) per month; of the four service plans HSBC reported “Rounding Up” to be the most popular, allowing customers to round up purchases to save spare change on transactions.  Source

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