Google to offer customers checking accounts

Source: Jennifer Surane, Bloomberg

Google is taking its deepest dive yet into the financial lives of its users with plans to roll out a checking-account service. Citigroup Inc. and a California credit union are the tech giant’s initial partners for the venture, which will let users access their bank accounts through the Google Pay app beginning next year, according to people familiar with the matter.

For Google, the trove of data associated with checking accounts and financial products is another step in its push to collect information on all aspects of consumers’ lives.

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