Google has stopped working on its Plex service, which aimed to let you do your banking through the Google Pay app. Instead, Google planned to partner with a variety of financial institutions that would have provided accounts without monthly or overdraft fees and without minimum balances. Like some other online banks, Google’s app would have let users set things like savings targets and automatic transfers. Some of the banks Google planned to partner with included Citi and SEFCU. While there are still other options for people who want online banks with decent apps, it’s unfortunate to see that Google’s canceled this project.

Source: The Nation October 01, 2021 18:45 UTC