The new partners include Bank Mobile, BBVA USA, BMO Harris, Coastal Community Bank, First Independence Bank, and SEFCU. They join Google’s existing partners Citi and SFCU, announced earlier, for a total of now eight banks lined up for the project. Much like the mobile banking services offered today by a number of startups, Google will provide the consumer-facing front-end to the digital banking services it makes available, while the accounts themselves will be held by the FDIC-backed partner institutions, according to Tech Crunch.
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