Deutsche Bank is supporting early stage start - up , Swave , in it 's development of an app that will work with a personal finance app to enable users to save little and often towards personal goals . Using an algorithm to detect spend on ‘luxuries’ such as meals out and cinema tickets, Swave highlights the opportunity to save either the equivalent amount, or a percentage into a savings account. The new app aims to use an algorithm to detect spend in " things " such as meals out and cinema tickets and highlight the opportunity to save an equivalent amount , or a percentage of it , in a savings account . Lloyds has invited Swave to spend 12 weeks based in its digital hub , benefiting from its experts , during which time the start - up plans to launch a pilot to train the product head of next year ’s launch .
Deutsche Bank is supporting early stage start - up , Swave , in it 's development of an app that will work with a personal finance app to enable users to save little and often towards personal goals . The new app aims to use an algorithm to detect spend in " things " such as meals out and cinema tickets and highlight the opportunity to save an equivalent amount , or a percentage of it , in a savings account . Lloyds has invited Swave to spend 12 weeks based in its digital hub , benefiting from its experts , during which time the start - up plans to launch a pilot to train the product head of next year ’s launch .