A Siri for your finances? Digit says trust me

New York

LATE last year, just in time for Christmas shopping, Rachel Rhoads got a nice surprise. One of her secret savings accounts had grown to US$900 behind her back.

Ms Rhoads, a 37-year-old Los Angeles-based sales director for a jewellery line, has an account with Digit, a financial technology company with an algorithm that tracks users' income and spending patterns. It painlessly spirits small amounts of money out of checking and into a savings account every two or three days.