Google seeks to become your bank in 2020

Google seeks to expand its businesses with an interesting project for 2020. Since the American firm seeks to become your bank. The firm is preparing to offer current accounts for next year, as reported by various media in America. A decision that not everyone sees favorably, but for what the company is already preparing.

Google seeks to become your bank in 2020

This would be intended initially only for the United States. It is not known if there are plans for an international launch in this regard. But its deployment will begin in 2020.

Current accounts

This project will not be done alone. Since Google will collaborate with various banks in this regard, such as Citigroup. They are in fact the ones in charge of monitoring the financial compliance of the clients. So it would be an aspect in which the American firm would not have a presence. Users could do the same functions as they would in a normal bank, in general.

The company has confirmed that they are looking for ways to partner with other companies and financial entities. Although at the moment no specific details have been given on how this will be achieved.

Without a doubt, it will be interesting with what Google will arrive next year in this regard. The doubts about viability and especially about privacy were not long in coming. Therefore, we will see first if this project ends up becoming real or if it is just an attempt that finally does not come to fruition.

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