From Engadget · Lawrence Bonk · · 1m 10s
Google lets Gemini read your bank account
Google's Gemini chatbot can now connect to bank accounts via Google Wallet to analyze spending, but cannot move money or make purchases.
In brief
Google's Gemini chatbot can now connect to bank accounts via Google Wallet to analyze spending, but cannot move money or make purchases. Google has enabled Gemini to connect to bank accounts through Google Wallet for spending analysis only, with read-only access and no ability to move or invest money. Originally…
Gemini connects to your bank
Google announced that Gemini users can now connect the chatbot to their bank accounts via integration with Google Wallet for tailored personal finance responses.
What Gemini can do with your data
Users can ask Gemini to identify unnecessary subscriptions, spot price increases, create budgets for specific periods with dynamic charts tracking cash flow and asset allocation, and set up holiday budgets.
Security limits on the feature
Gemini can only read account information and cannot move, manage or invest any money. The feature is completely opt-in and can be turned on and off easily via settings.
Rolling out now with Plaid partnership
The integration is rolling out across web and mobile. Google has partnered with fintech company Plaid to help users unlock deeper insights, though specifics were not provided.
The takeaway
Google has enabled Gemini to connect to bank accounts through Google Wallet for spending analysis only, with read-only access and no ability to move or invest money.
