HSBC app will let you manage accounts from multiple banks

HSBC is readying a mobile app that will allow customers to manage multiple accounts from different banks. "HSBC Beta" will support 21 money-keepers at launch, including Santander, Lloyds and Barclays, so users can review their current account, loans, mortgages and savings simultaneously. It's the first time a major UK bank has offered such a service. In August 2016, the Competition and Markets Authority declared that all banks would need to adopt "Open Banking" by early 2018, allowing this sort of functionality. Clearly, it's made a difference, though HSBC is keen to stress that it was working on the technology before the ruling.

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