Google wants to be your bank: It will soon offer checking accounts

Silicon Valley continues to invade your wallet.


Silicon Valley continues to invade your wallet.

Silicon Valley continues to invade your wallet.

The push into checking accounts is the latest instance of a Big Tech company moving into the financial services space. Amazon also wants to introduce checking accounts for customers. Facebook announced its Libra cryptocurrency project earlier this year. And Apple has teamed up with Goldman Sachs to launch a credit card, while its Apple Pay service has become a go-to payment method for many iPhone customers.

Google already offers smart home devices like Nest and Google Assistant and just entered into health and wellness world with its planned acquisition of Fitbit.

"This is just the tip of the spear in terms of where [tech giants are] going," said Ives.

"We have trouble seeing how combining the two is going to produce an outcome that either Democrats or Republicans will embrace," Seiberg said.

Read more: CNN Philippines

Google healthcare data move makes some queasy

Google partners with journalism institute in combating fake newsGoogle has partnered with the AIJC to train 300 high school teachers who will educate some 9,000 students nationwide on recognizing misinformation and disinformation through news literacy sessions. | CGonzalesINQ

5 fatal obstacles in Robredo’s target of a deathless drug warIt's one thing to criticize the drug war, it's another to implement it. What more to change it? talklang pilit nyo binibigyan ng katwiran pagkaberdugo ng tatay nyo... Unahin Tigukin yung BOSS ng mga DRUGLORDS. Kilala nyo?

Retired Supreme Court chief justice Bersamin gets threatsRetired chief justice Lucas Bersamin reports threats to his security, filing police blotters about being tailed by a motorcycle and receiving threatening phone calls.

Facebook nixes billions of fake accounts

LOOK: Meet the 'ScAvengers' of 'Bubble Gang'Check out the behind-the-scene moments captured on camera during the pictorial for the 24th anniversary of 'Bubble Gang.'

Write Comment

Thank you for your comment.
Please try again later.

Latest News


15 November 2019, Friday News

Previous news

Korean actor Ji Chang-wook to visit Philippines in 2020

Next news

Apple finally redesigns MacBook Pro keyboard after years of criticism