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Australian banking first: save as you run, walk, tweet or shiver

Published on 20/06/2018

Australian banking first: save as you run, walk, tweet or shiver

Wednesday, 20 June 2018: In an Australian banking first, ING customers can now set automatic savings triggers that are linked to how they go about their everyday lives.

This new set-and-forget savings feature means customers can set rules to save almost whenever, wherever and however they want.

Funds will automatically transfer from the customer’s Orange Everyday into their Savings Maximiser every time a particular occasion or activity of their choice happens. For example:

  • Put $20 towards a tropical holiday every time the temperature drops below 19 degrees
  • Put $5 towards a new pair of runners every time a daily step or exercise goal is reached
  • Make chores rewarding; put away $1 every time one is completed

This new feature is possible thanks to ING’s partnership with IFTTT, a technology company. IFTTT gets different apps and devices to work together to create new experiences – such as being able to save $5 every time your favourite celebrity tweets.

ING’s Head of Digital and Innovation, Chris Barwick says:

“While there’s no denying that saving makes you feel good, setting up a savings plan can sometimes feel like a chore.  This collaboration with IFTTT is designed to make saving fun and help our customers get ahead with ease.

“We know from the launch of our Everyday Round Up feature that incidental savings can really add up.  Everyday Round Up enables ING customers to round up their loose change, from card purchases, into a savings account. Since launch it has helped our customers collectively save on average $2 million a month.”

This new feature has been made possible by ING opening its APIs to a third party. This means ING, at the discretion of its customers, gives IFTTT limited access to some of ING’s technology so that new experiences can be created.

“This is an example of how by securely opening our APIs to third parties we’re able to help meet the ever changing banking needs of Australians. This partnership opens up new possibilities for our customers to save; it means they can save almost whenever, wherever and however they want”

IFTTT CEO, Linden Tibbets says:

“We’re on a mission to build a more compatible world for everyone, and we’re thrilled to welcome ING to the IFTTT platform.

“ING’s customers now have the ability to connect their everyday banking to 600 apps and devices in ways that matter most to them. Saving money couldn’t be more fun or easy!”

The new savings feature is available to all ING customers with an Orange Everyday account that’s linked to a Savings Maximiser account.

For more information go to www.ing.com.au/ifttt.html.

For more information please contact:

About ING

ING changed the way Australians bank 18 years ago by launching the country’s first high interest, fee free online savings account. Since then, we’ve brought continued value to home loans, transactional banking, superannuation and insurance.

ING has the highest Net Promoter Score of any Australian bank.

Australia’s most recommended bank.

Source: Nielsen Consumer & Media View Sep’17- Feb’18 (n = 11,469) when compared by customers of 15 other banks operating in Australia.

About IFTTT

IFTTT gets all your apps and devices talking to each other. Not everything on the Internet plays nice, so we’re on a mission to build a more connected world. There are over 600 apps and devices including Google, Microsoft, Amazon, Twitter, BMW, Fitbit, Dropbox and Samsung available on IFTTT. We believe creative control of the services we use should be intuitive and accessible to everyone.

For more information on IFTTT, visit https://ifttt.com

Media Enquiries

media@ing.com.au

David Breen
Head of Corporate Affairs
0412 933 060

Megan Landauro
Public Relations Manager
0413 317 225

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