Facebook also introduced its own digital payment product earlier this week, and earlier this year announced its intent to build its own digital currency called “Libra” along with partners. Google is set to make its bow in the banking sector with project Google , possibly as soon as as early as next year . It's reportedly partnering with the likes of Google and Citigroup to offer cheque accounts. While the banks will take care of all the financial requirements, Google aims to make the most of the data behind customers' financial behaviour. As well as potentially offering free services, Citigroup also plans to layer on loyalty programmes and other incentives aimed at tech-savvy customers.
Google is set to make its bow in the banking sector with project Google , possibly as soon as as early as next year . It's reportedly partnering with the likes of Google and Citigroup to offer cheque accounts. While the banks will take care of all the financial requirements, Google aims to make the most of the data behind customers' financial behaviour. As well as potentially offering free services, Citigroup also plans to layer on loyalty programmes and other incentives aimed at tech-savvy customers.