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Google Gives Up on Bank Accounts | The Motley Fool

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Analysts pin Google retail bank U-turn on fears of higher regulatory scrutiny, low profitability

Analysts pin Google retail bank U-turn on fears of higher regulatory scrutiny, low profitability
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Google reportedly ditches plans to add bank account service to its users

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.

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Google will not pursue plan to offer bank accounts

When Google released its overhauled Google Pay service last year, one of the things they announced is that they will offer a mobile-first bank account called Plex. They were supposedly partnering with several banks and financial institutions to offer a bank account with no monthly fees or overdraft charges. But now they have scrapped plans […]

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Google Won t Offer Plex Bank Accounts After All

Pandemic-related delays and the departure of the project s executive sponsor have made Plex no longer worth chasing. .

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