November 13 - 14:11
Google to join Apple and Facebook in the banking space
Google has announced that it will partner with Citigroup to offer checking accounts to customers in 2020. According to the Wall Street Journal, the project, named Cache will rival offerings by the likes of Apple and Facebook. “Our approach is going to be to partner deeply with banks and the financial system,” Caesar Sengupta, general manager and vice-president of payments at Google, told WSJ.
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