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Google is getting into banking with the search giant set to offer checking accounts next year
CNBC ^ | November 13, 2019 | Jeff Cox

Posted on 11/13/2019 10:55:53 AM PST by C19fan

Google will offer checking accounts next year as it partners with financial institutions including Citigroup, representing Big Tech’s boldest move yet into consumer banking.

Most previous efforts have focused on credit cards and payment platforms.

As part of a project code-named Cache, the company will become the latest Silicon Valley leader to try its hand at the banking space, the Wall Street Journal reported. Previous attempts by Apple and Facebook faced obstacles, with consumers growing increasingly skeptical over providing large technology companies with their personal information.

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Computers/Internet
KEYWORDS: bank; google; monopoly; trustbuster
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Hell no.
1 posted on 11/13/2019 10:55:53 AM PST by C19fan
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To: C19fan
. . . consumers growing increasingly skeptical over providing large technology companies with their personal information.

Why do you suppose that is? < / sarcasm >

2 posted on 11/13/2019 10:58:23 AM PST by Vigilanteman (The politicized state destroys aspects of civil society, human kindness and private charity.)
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To: C19fan

Google, the company that makes money by mining your personal information wants you to supply even more personal information. No, I don’t think so.


3 posted on 11/13/2019 10:58:47 AM PST by CIB-173RDABN (I am not an expert in anything, and my opinion is just that, an opinion. I may be wrong.)
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To: C19fan

More personal data to store and sell, which is it’s real business - big brother to the big corporations and their advertisers, while you are just a commodity to be sold, bought and bartered over.


4 posted on 11/13/2019 11:00:02 AM PST by Wuli
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To: C19fan

Me to Google — Hey I got money in my account why did you stop payment at the gun shop?

Google - We don’t think you should own a gun so we prevented you from buying one.

/s


5 posted on 11/13/2019 11:01:13 AM PST by CIB-173RDABN (I am not an expert in anything, and my opinion is just that, an opinion. I may be wrong.)
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To: C19fan

Google, which sees our searches and currently discriminates against anyone who doesn’t fully accept the total leftist agenda.
They aren’t getting my checking account.


6 posted on 11/13/2019 11:01:30 AM PST by I want the USA back (The further a society drifts from the truth, the more it will hate those who speak it. Orwell.)
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To: CIB-173RDABN

I’m sure there’s enough dumb people out there to use them.


7 posted on 11/13/2019 11:06:23 AM PST by mass55th ("Courage is being scared to death, but saddling up anyway." ~~ John Wayne)
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To: mass55th

I’m sure there’s enough dumb people out there to use them.

I am sure you are correct.


8 posted on 11/13/2019 11:09:31 AM PST by CIB-173RDABN (I am not an expert in anything, and my opinion is just that, an opinion. I may be wrong.)
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To: I want the USA back

They are just going to start buying banks.

Problem solved.


9 posted on 11/13/2019 11:11:03 AM PST by E. Pluribus Unum (Democrats only believe in democracy when they win the election.)
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To: C19fan

10 posted on 11/13/2019 11:20:36 AM PST by MV=PY (The Magic Question: Who's paying for it?)
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To: mass55th

Yes, just as some would give Apple or Microsoft all their information.


11 posted on 11/13/2019 11:21:42 AM PST by Erik Latranyi (The Democratic Party is now a hate-group)
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To: C19fan

No, but slightly better that Google tries it than Facebook!


12 posted on 11/13/2019 11:23:24 AM PST by Pearls Before Swine
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To: C19fan

I am shocked how many people have no problem with Google Home spying on them in their own home.


13 posted on 11/13/2019 11:25:24 AM PST by Sam Gamgee
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To: C19fan

I would sooner turn over access to my checking account to Hillary Clinton.


14 posted on 11/13/2019 11:28:09 AM PST by IronJack
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To: C19fan

Is Google the anti-Christ or merely the anti-Christ’s main control tool?


15 posted on 11/13/2019 11:35:34 AM PST by Obadiah (Kill the deep state or lose the Republic.)
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To: CIB-173RDABN

Why did you put a sarcasm switch on your comment?


16 posted on 11/13/2019 11:36:57 AM PST by Obadiah (Kill the deep state or lose the Republic.)
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To: Sam Gamgee
I am shocked how many people have no problem with Google Home spying on them in their own home.

I thought the same thing about people who had a land line, a mid-90's cable box, a cell phone, or a smartphone, and then I realized that everyone was under surveillance for decades whether they thought they were or not, and stopped worrying about it.
17 posted on 11/13/2019 11:37:35 AM PST by TexasGunLover
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To: Obadiah

Because some would take my comments serious and think I had an account with google.


18 posted on 11/13/2019 11:40:15 AM PST by CIB-173RDABN (I am not an expert in anything, and my opinion is just that, an opinion. I may be wrong.)
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To: All

Google is already to big of a monopoly. It should be down sized not expanded!


19 posted on 11/13/2019 11:43:39 AM PST by Retvet (Retvet)
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To: CIB-173RDABN
Because some would take my comments serious and think I had an account with google.

You do, you just don't know it. And, you're contributing to it by just posting here.
20 posted on 11/13/2019 11:45:28 AM PST by TexasGunLover
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