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Google halts plans for Google Pay-based banking service

The Verge

Image: Google. Google has stopped working on its Plex service, which aimed to let you do your banking through the Google Pay app. The service was supposed to let users sign up for checking or savings accounts offered by a variety of traditional banks that the user would then manage through the app.

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Schrodinger’s Open Banking

CIO Business Intelligence

I can’t help but think of open banking in the United States — it’s not here, and, at the same time, it’s very much here. In essence, they’re not waiting for the kind of regulatory open banking mandates that have been handed down in other parts of the world. They’re building their own open banking environment.

Banking 90
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Trending Sources

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Schrodinger’s Open Banking

CIO Business Intelligence

I can’t help but think of open banking in the United States — it’s not here, and, at the same time, it’s very much here. In essence, they’re not waiting for the kind of regulatory open banking mandates that have been handed down in other parts of the world. They’re building their own open banking environment.

Banking 90
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Google launches new search tool to help combat food insecurity

The Verge

Google is working with non-profits to aggregate 90,000 locations with free food support across all 50 states. Image: Google. Google announced a new website designed to be a “one-stop shop” for people with food insecurity.

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How to incubate a winning innovation program

CIO Business Intelligence

Retail, entertainment, music, and banking have largely moved online. This is why innovation programs have become so critical to sustaining the success of enterprises. Then in 2016, Google beat Internet Explorer with its Chrome browser, attaining this success on the strength of Google’s superior search technology.

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Google is limiting which apps can see everything else you have installed

The Verge

Google will soon be more selective about which apps on the Play Store can see all of the other apps you have installed (via XDA-Developers ). So starting on May 5th, 2021, developers will have to provide a very good reason for why Google should let you access info like that. Photo by Amelia Holowaty Krales / The Verge.

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Samsung Money is the company?s new Samsung Pay-linked debit card program

The Verge

Samsung has announced further details for its upcoming debit card program: it’s called Samsung Money by SoFi (which, as previously announced, is partnering with Samsung on the program), and it’ll tie in directly with the existing Samsung Pay app. Samsung Money, however, is looking to stand out with a few Samsung-specific perks.