Google Won't Offer "Plex" Bank Accounts After All
Pandemic-related delays and the departure of the project's executive sponsor have made Plex no longer worth chasing. ...
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Pandemic-related delays and the departure of the project's executive sponsor have made Plex no longer worth chasing. ...
Alphabet Inc’s Google is shelving plans to add bank accounts to its payment app, becoming the latest tech giant to dial back its ambitions for financial services. For years, Google has said it is working on adding bank accounts from partners such as Citigroup Inc and Bank of Montreal to its revamped app. The idea was that Google Pay users would be able to use the app to apply for so-called Plex checking and savings accounts from 11 banks. “Our work with our partners has made it extremely clear that there’s consumer demand for simple, seamless and secure digital payments for online
Alphabet Inc’s Google is shelving plans to add bank accounts to its payment app, becoming the latest tech giant to dial back its ambitions for financial services.
(Bloomberg) -- Alphabet Inc.’s Google is shelving plans to add bank accounts to its payment app, becoming the latest tech giant to dial back its ambitions for financial services. For years, Google has said it’s working on adding bank accounts from partners such as Citigroup Inc.
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