Soon, Google to offer current accounts in partnership with Citigroup

Topics Google | Citigroup | Alphabet

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.

The details of the project, named Cache, were first reported by the Wall Street Journal and follow moves by tech heavyweights Apple Inc and Facebook Inc into the financial industry this year. Facebook's plan to launch the "Libra" digital coin has met with a chorus of skepticism from regulators,.....

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