[HN Gopher] Google Is Scrapping Its Plan to Offer Bank Accounts ...
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Google Is Scrapping Its Plan to Offer Bank Accounts to Users
Author : elsewhen
Score : 64 points
Date : 2021-10-02 16:22 UTC (6 hours ago)
(HTM) web link (www.wsj.com)
(TXT) w3m dump (www.wsj.com)
| andrepew wrote:
| Probably for the best with their history of customer support
| black holes and horror stories of falsely banned accounts in all
| their consumer products.
|
| Google is one of the last companies in the world I'd trust to
| hold my finances.
| onetimemanytime wrote:
| "Dear John Q, your Gbank account and cards linked to it, have
| been frozen due to un-Googley activity.
|
| The appeal you are thinking of submitting has also been
| proactively denied.
|
| Enjoy your vacation."
| noneeeed wrote:
| It's one of the aspects that is in my cons column as I decide
| on a new phone. I'm waiting to see what the Pixel 6 turns out
| like, but at the back of my mind is the knowledge that if there
| is a problem with it I'll be shouting into the void that is
| Google's support organisation, and I'm just not sure I want
| that.
| Thev00d00 wrote:
| Anecdotal: Google store direct purchased hardware support has
| been good. Responsive support and RMA process if you need it.
| Obviously doesn't help you with your higher level account ban
| situation.
| cblconfederate wrote:
| a google bank account would be as risky as holding
| cryptocurrency
| ffhhj wrote:
| Recently got my Adsense account banned, but did't use it since
| 2017, their ban system triggers randomly on any account:
|
| https://news.ycombinator.com/item?id=28628849
| [deleted]
| thdxr wrote:
| With how many banking startups that are showing up with fairly
| polished products, Google really reminding us how much they
| struggle to execute on anything
| angelzen wrote:
| Your bank account was suspended because the algorithm deemed one
| of your youtube comments as misinformation.
|
| Edit: Touching a nerve, eh?
| imchillyb wrote:
| The only entities on the planet that thought Google Bank Accounts
| was a good idea, are Google and the US' 3 letter organizations.
|
| Everyone else on earth wouldn't trust google with their finances
| even if Google were the last finance company on the planet.
|
| Their history of interactions between themselves and citizens is
| abysmal. Their history of keeping products updated or even alive,
| is abysmal. Their history of making anti-human changes to their
| product to serve ads to those humans, is abysmal.
|
| Google is an abysmal company, that does abominable things.
|
| Who trusts Google? Not even Google trusts Google...
| prirai wrote:
| The sad thing is that many trust Google. It's not me though.
| noneeeed wrote:
| Does Google actually _have_ senior management? It just all seems
| to be random teams running around chucking ideas around and then
| sodding off after they 've screwed it up. The place just seems to
| be in disarray at the top levels.
| alanlammiman wrote:
| well afaik the founders havent spoken or written publicly for
| years...
| [deleted]
| jsnell wrote:
| https://news.ycombinator.com/item?id=28720411
| hoppyhoppy2 wrote:
| See also
|
| https://news.ycombinator.com/item?id=28720411
|
| https://news.ycombinator.com/item?id=28720197
| notyourwork wrote:
| With their willingness to kill products, my bank account is far
| from ever to be something I would slap the G brand on.
| AlbertCory wrote:
| Similar to getting my prescriptions from Amazon. No thanks.
| kwertyoowiyop wrote:
| Just wait until Facebook opens a pharmacy!
| hellbannedguy wrote:
| I would go with Amazon because I pay out of pocket assuming a
| lower price.
|
| My two drugs are not covered by Amazon though.
|
| I'm for any company that wants to reduce our reduculiously
| priced American drugs.
|
| I have paid cash for my meds for years. Costs between
| pharmacies vary a lot. CVS charged me 50% more than Costco.
| hn_throwaway_99 wrote:
| Was this serious or satire? If you wouldn't get prescriptions
| from Amazon, why not?
| dgfitz wrote:
| I think a lot of people complain of knockoffs. I know my
| wife has ordered a very specific brand of prenatal vitamins
| off amazon once and got a knockoff.
| blondin wrote:
| from the brand storefront?
|
| been wondering why people buy from random sellers and yet
| have a high expectation of them. or to put it another
| way: would the situation be the same when buying on ebay?
|
| when i buy from a random seller on amazon, i have a low
| expectation of them. and i return items when not
| satisfied.
| dgfitz wrote:
| As Uw7yTcf36gTc said below, buying from the storefront is
| misleading. Your response seems unnecessarily combative.
| kayodelycaon wrote:
| If this hasn't changed, Amazon combines the inventory of
| different sellers. Even if you buy from a particular
| seller, you may get something from a different seller
| that may be a knockoff.
| Uw7yTcf36gTc wrote:
| If it's the same "SKU" they get commingled. Regardless of
| seller. You may think you are buying from a specific
| seller but you are not. All the same products are
| comingled.
| silisili wrote:
| Not OP, but I probably wouldn't either. Mainly because I
| shop on Amazon, and don't want that data harvested and
| shoved in my face.
|
| AMZ already does "helpful" things like recommend pants
| extenders when you buy a size down then a size up.
|
| I'd hate to see what they recommend based on prescriptions,
| especially since many medications have wildly different use
| cases. If AMZ filled my prescriptions, they'd assume I'm an
| asthmatic with hives, neither of which are true.
| dralley wrote:
| Because Amazon has demonstrated little willingness to deal
| with their counterfeit problems, which extend beyond
| electronics and oven mitts to things like supplements and
| consumables.
|
| The cavalier way they treat their supply chains gives me
| absolutely no confidence that they will treat prescriptions
| with the proper respect.
| notyourwork wrote:
| I don't think Amazon is co-mingling RX like they do with
| FBA.
| Dylan16807 wrote:
| That's a big fat "maybe" and "yet". I wouldn't easily
| trust it.
| notyourwork wrote:
| It's really not.
| Dylan16807 wrote:
| Amazon partnering with existing pharmacies seems like a
| very plausible step to me. Amazon storing inventory from
| those pharmacies in a single location also sounds like a
| plausible step to me. And then that's comingling that
| requires me to trust the absolute worst partner. With
| good reason to worry that these invisible companies might
| not have the best standards.
|
| Which step do you think isn't plausible?
|
| And I'm not saying I won't trust it, I'm saying I'd have
| to research it more and keep extra vigilant for any
| changes.
| kf6nux wrote:
| Their history of shoot first ask questions later would be
| concerning as well. (Regarding locking people out of their
| Google accounts.)
|
| While I'm sure your bank could lock you out as well, you
| basically never hear about it. But with Google, there have been
| multiple high profile lockouts that show both 1) it can happen
| to anyone, and 2) getting access restored is slow, difficult,
| and not always successful. That's not the behavior that makes
| people feel like their money is safe.
| jeffbee wrote:
| My credit card issuer locked out my Visa after I bought some
| clothes from a French web site. They didn't notify me and I
| didn't find out until my card was declined at a restaurant,
| which was fairly embarrassing.
|
| People get locked out of their financial accounts all the
| time and despite persistent rumors to the contrary, it is
| _way_ more likely that your bank or credit network is using a
| blackbox AI to do it, with a shit vendor like Feedzai.
| zeusk wrote:
| And with cards, you're a call away from unlocking it or
| getting a replacement overnight shipped to you.
|
| Good luck getting to speak to a human at Google. And when
| you do find one, they'll tell you they can't overturn the
| dumbass AI.
| jeffbee wrote:
| I actually get phone support with Google for the rather
| reasonable price of $1.99 per month, with Google One.
| Nicksil wrote:
| >My credit card issuer locked out my Visa after I bought
| some clothes from a French web site. They didn't notify me
| and I didn't find out until my card was declined at a
| restaurant, which was fairly embarrassing.
|
| >People get locked out of their financial accounts all the
| time and despite persistent rumors to the contrary, it is
| way more likely that your bank or credit network is using a
| blackbox AI to do it, with a shit vendor like Feedzai.
|
| That's not being locked out of your account. You weren't
| able to charge but, should you have had the need, you would
| have been able to log in to your Visa account online to
| diagnose the issue. You would have also been able to dial a
| number or email for support. With Google, you are indeed
| locked out of your account and every other account you
| authenticated with using your Google account. There is no
| phone number or email address. There is no support. The
| scenario you bring up pales in comparison to Google's
| behavior.
| [deleted]
| CogitoCogito wrote:
| Google regularly issues permanent bans without explanation
| or recourse. That isn't remotely comparable to temporary
| lockout that causes you some embarrassment.
| antonvs wrote:
| When that happens, I get a text message from my bank and
| all I have to do is reply "yes" to confirm the transaction
| was valid and re-enable the card. Even if your bank doesn't
| offer that convenience, the worst case is you call then and
| they fix it.
|
| This is in no way similar to the account lockout behavior
| being discussed in the Google context, where Google is
| making irreversible decisions that you have little to no
| input or insight into.
| amelius wrote:
| Sounds like PayPal.
|
| https://paypalsucks.org/paypal-frozen-accounts.shtml
| dredmorbius wrote:
| https://archive.is/iIrQF
| ckdarby wrote:
| They should just buy Wise
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(page generated 2021-10-02 23:01 UTC)