Google to offer checking accounts for consumers - WSJ

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Google to offer checking accounts for consumers - WSJ
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Alphabet Inc's Google will offer checking accounts to customers starting next year in a finance push, the Wall Street Journal reports

Alphabet Inc's Google will offer checking accounts to customers starting next year in a finance push, the Wall Street Journal reported on Wednesday.

The project, named Cache, will have accounts by Citigroup Inc and a credit union at Stanford University, according to the report. "Our approach is going to be to partner deeply with banks and the financial system," Caesar Sengupta, general manager and vice-president of payments at Google, told the Journal in an interview.

"It may be the slightly longer path, but it's more sustainable," Sengupta was quoted as saying in the report.

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