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A Google Banking Wake Up Call
Glen wakes up John early to trade thoughts on Google’s progress in the digital banking realm, Facebook’s new Financial unit, some interesting data on credit unions and PPP loans, and whether the time is right for micropayments.
Links related to this episode:
Register for BIG’s September 1 webinar on the launch of Innovation Club Labs: https://www.big-fintech.com/Innovation-Club/Labs
Rick Cranston’s recent blog offering more IC Labs detail: https://www.big-fintech.com/Media/Blog/ArticleID/639/Growth-Opportunity
TechCrunch story on Google recently adding 5 more FIs to its banking initiative: https://techcrunch.com/2020/08/03/google-signs-up-six-more-partners-for-its-digital-banking-platform-coming-to-google-pay/
Our February interview with Joan Opp, CEO of Stanford Federal Credit Union, one of Google’s initial FI partners: http://beta.big-fintech.com/Media/BIGcast/ArticleID/612
Lendio’s report on PPP activity processed through its platform: https://www.lendio.com/wp-content/uploads/2020/08/PPP-Lender-Infographic.pdf
Bloomberg’s coverage of Facebook Financial’s launch: https://www.bloomberg.com/news/articles/2020-08-10/facebook-financial-formed-to-pursue-company-s-commerce-ambitions
Luxury Cat Hotel: https://open.spotify.com/album/0T9kMU32rL8iOFED8Vnkvg
Best Innovation Group’s ongoing Digital Town Halls for best practice sharing on Credit union responses to COVID-19, held each Wednesday: https://www.big-fintech.com/CU-Digital-Town-Hall
The BIG website: www.big-fintech.com
Follow the Best Innovation Group on Twitter: @bigfintech
Follow Glen on Twitter @154Advisors
Follow John on Twitter @jbfintech