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"In other news, GOOG jumped by 7% today upon speculation that Google would soon introduce a banking product offering instant transfers between accounts. The spe
by solatic 9y ago
"In other news, GOOG jumped by 7% today upon speculation that Google would soon introduce a banking product offering instant transfers between accounts. The speculation arises from a technical blog post, which describes Google's vision for how a banking website ought to look like, and stood out because no American banking product actually works in such a fashion today. Google's new banking product would compete with banks like Monzo, which also attempt to disrupt the legacy systems that power most contemporary banking infrastructure."