Financial advice firm LEBC has launched a new app as part of its “Bionic Advice” service, which looks to combine human advisers and technology.
The app, Hummingbird, uses open banking to give customers an overview of their savings, debts, and investments. It was developed in conjunction with Moneyhub.
Hummingbird allows users to organise their spending into set categories, to set goals and budgets, but does not allow transactions, which its creators say makes it more secure.
The app gives users access to LEBC’s “Bionic Advice zone”, where initially, customers will be able to access wills, mortgages a...