Would you trust Google with your money? The search giant may offer checking accounts

  • “In a move that would give Google greater access to consumer data, the search behemoth is reportedly partnering with banks to offer checking accounts as early as 2020. 
  • Earlier this year, Apple partnered with Goldman Sachs to launch Apple Card, a branded, digital card that’s managed through the Wallet app on iPhones.
  • Facebook has designed a cryptocurrency, Libra, to allow people to move money around the world with ease. “


Google Shopping just became a serious ecommerce platform

  • “Earlier this month, Google unveiled the new Google Shopping experience in the US,
  • People turn to Amazon when they know what they want to buy but they head to Google when they want inspiration – and this could be Google’s biggest strength.
  • only 22% of consumers are satisfied with the amount of personalisation e-commerce brands offer.
  • So how does Google create this personalised shopping experience?
    • Product recommendations
    • Price tracking
    • Local product searches
    • Instant purchases”


    Google searches for better results with AI

    “This shift, announced Friday, moves the world’s biggest search engine from spitting out results based on keywords to “something closer to language,” said Ben Gomes, the search chief for Alphabet Inc.’s Google. “We’re very far from solving the problem fully, but this is a huge step forward,” he said at a press briefing.”


    How Will Artificial Intelligence Change The Banking Industry?

    “Why Banks Are Opting For AI Applications And Services?

    There are multiple reasons for the increased adoption of AI in the banking sector. This includes:

    1 The immense competition in the banking sector

    2 Push for process-driven services

    3 Introduce self-service at banks

    4 Demand from customers to provide more customised solutions

    5 Creating operational efficiencies

    6 Increasing employee productivity

    7 To help focus on profitability and compliance

    8 A vision to augment human work through the use of software robotics

    9 To reduce fraud and security risks

    10 To manage huge volumes of data at record speed and derive valuable insights

    11 To bring in effective decision making”


    Google Will Use AI To Determine Where, How Often Site Visitors See Ads Across Its Network

    “Google has introduced technology, built on artificial intelligence, that estimates how likely it is that visitors will land on publisher sites that serve the same ad through Google Ad Manager — without revealing any data through third-party cookies.

    This is a way for advertisers to manage ad frequency in Display & Video 360, a programmatic ad campaign management platform, and is intended to reduce the number of times the ad is served to a specific consumer without collecting data and compromising their privacy.”