Now Google wants to get into banking too

Now Google wants to get into banking too

MIT Technology Review·2020-08-14 13:13

Google will soon let users open checking accounts, joining a number of other tech firms that want to get further into financial services.

The news: The project, code-named Cache, is slated to launch next year, according to a report from the Wall Street Journal. Google has partnered with Citigroup and a credit union at Stanford University, which will administer the accounts, according to the report. Users will be able to access their accounts through Google’s digital payment platform, Google Pay.

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