Tech

Google ditches plans to launch banking app

Published

3 years ago

October 4, 2021

Plans to open a all-in-one banking app have been ditched by Google

The tech company has stopped working on its Plex service, which works by allowing users to do their banking via the Google Pay app.

Google’s service was supposed to let users sign up and open new bank accounts offered by a selection of traditional banks. The user would then be able to manage those accounts via the app.

According to a report by the Wall Street Journal, Google canceled the project due to a series of missed deadlines and because an executive who pushed for the project left the company.

The Plex service wasn’t meant to put Google in direct competition with banks, according to reports that came out prior to the company revealing the program.

Instead, Google planned to partner up with financial institutions in order to provide the service, with those banks providing accounts with no monthly account fees or overdraft fees.

Like some other online banks, Google’s app would have let users set things like savings targets and automatic transactions. Some of the banks that the tech giant had hoped to partner up with include Citi bank and SEFCU.

Leaders

Why every business needs end-to-end observability

Published

6 hours ago

May 8, 2024

ticker NEWS

In today’s fast-paced business landscape, organisations often grapple with complex IT systems which hinder operational efficiency.

To overcome the IT system shock, selecting the right vendor partner is crucial – as such, opting for end-to-end “observability” could be the right IT solution.

Observability provides comprehensive insights into every layer of the IT ecosystem to help businesses eliminate tool sprawl and enable proactive maintenance, optimised resource utilisation, and streamlined operations.

Rahul Tabeck, regional sales director ANZ at SolarWinds joins to celebrate the 25th anniversary of SolarWinds and discuss the changes the company has witnessed during their quarter of a century in the IT sector.

News

How Google’s Gemini AI will stand against cyber threats

Published

9 hours ago

May 8, 2024

ticker NEWS

AI takes centre stage at the RSA 2024 conference with Google unveiling advanced cybersecurity integration.

Among the myriad of announcements at this years RSA Conference, Google showcased the integration of an advanced Threat Intelligence Platform into its Gemini AI framework.

Tom Finnigan from Talkingbrands.ai joins from the RSA Conference to discuss. #featured #trending

News

Can AI revolutionise the fashion industry?

Published

10 hours ago

May 8, 2024

Nathan Langridge

OpenAI took centre stage at this year’s Met Gala exhibition, offering a glimpse into the future of fashion and innovation.

This years exhibition theme “Sleeping Beauties: Reawakening Fashion,” will include a chatbot linked to a 1930s wedding gown worn by New York socialite Natalie Potter.

Karen Sutherland from the the University of the Sunshine Coast joins to discuss. #featured #trending