Big Tech will push deeper into finance this year — but avoid the ‘headache’ of being a bank

Big Tech will push deeper into finance this year — but avoid the ‘headache’ of being a bank

The logo for Google Pay displayed on a phone screen.
Jakub Porzycki | NurPhoto via Getty Images

Big Tech may want to get into banking this year, but it doesn’t want to be your bank.
Google plans to introduce consumer bank accounts later this year in collaboration with Citibank and a California-based credit union. The company wants to piggyback off the financial know-how of its partners, while…

View On WordPress