Google is planning to break into banking with new checking account offerings - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Google will begin offering checking accounts next year as part of its push into financial services:

Google Wallet into Google Pay). It also ran a site to compare financial products like auto insurance and credit cards between 2015 and 2016 but shuttered it after about a year.

Instead, Google will need to drive signups either by integrating innovative features to create an exemplary customer experience or by using incentives, such as a signup bonus. And in order to get the account to contribute to its bottom line, it will need to go a step further and incentivize users to deposit their salaries in the Google checking account and make it their primary account, through offerings like early access to wages or overdraft cushions.

Working with Google will carry some advantages for Citigroup and Stanford Federal Credit Union, as they'll gain a customer for each new consumer Google can woo to its offering.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

About time! Keep the pressure up

Then healthcare, then life insurance, etc...

My data wasn't enough. Now they want the money

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Google is ramping up its pitch for Ads Data Hub measurement product - Business InsiderGoogle is ramping up its pitch for a measurement tool that claims to break down walled gardens but agencies worry that it could make the tech giant more powerful
Source: BusinessInsider - 🏆 729. / 51 Read more »

Google Pixel 4 vs OnePlus 7T: Why you shoud buy the OnePlus instead - Business InsiderGoogle's Pixel 4 starts at $800, but you can do a lot better with a smartphone that costs $600 without sacrificing very much at all. OnePlus_USA IMHO, wireless charging is overrated. The concept is cool, but it's way slower, inefficient, and not much easier than taking 1/2 second to plug in. I'd rather have the ability to use a cord for 10 min and significantly boost my battery level. OnePlus_USA Interesting...
Source: BusinessInsider - 🏆 729. / 51 Read more »

Google, Ascension teamed up to migrate patients' medical data - Business InsiderGoogle has been quietly collaborating with Ascension to migrate the medical and personal data of 50 million patients onto Google's cloud network.
Source: BusinessInsider - 🏆 729. / 51 Read more »