Google to offer checking accounts for consumers: report

This translation has been automatically generated and has not been verified for accuracy.Alphabet Inc.’s Google will offer personal checking accounts from sometime next year in partnership with Citigroup Inc and a small credit union at Stanford University, a source familiar with Google’s plans said on Wednesday.

Facebook’s plan to launch the “Libra” digital coin has met with a chorus of skepticism from regulators, worried about money laundering and the security of transactions and user data.But there are also broader concerns about how the big tech companies’ will use their massive digital influence in other areas of business and economic infrastructure.

globebusiness Not sure how I feel about this. Depends on what they offer I suppose.

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