Google is set to make its bow in the banking sector with project Cache, possibly as soon as next year. The company has been working on a new way of storing data for some time, but it was only recently that it began testing out this method at scale. While the banks will take care of all the financial requirements, Google aims to make the most of the data behind customers' financial behaviour. So why even bother getting into this game As well as potentially offering free services, Google 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 Cache, possibly as soon as next year. The company has been working on a new way of storing data for some time, but it was only recently that it began testing out this method at scale. 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, Google also plans to layer on loyalty programmes and other incentives aimed at tech-savvy customers.