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

Dalvin Brown | USA TODAY

Show Caption Hide Caption Here's why you should avoid using Google to diagnose medical symptoms Between healthcare costs and limited appointment availability, seeing a doctor can be tough. Google’s free and always there for you, right?

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.

Google is said to call the endeavor "Cache" and accounts will be run by Citigroup and a credit union at Stanford University, according to a Wall Street Journal report.

"Our approach is going to be to partner deeply with banks and the financial system," Caesar Sengupta, general manager and vice-president of payments at Google, told WSJ. "It may be the slightly longer path, but it's more sustainable."

The move would make Google the latest big tech company to edge into personal financial services.

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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. It has since sparked claims of gender discrimination.

Facebook has designed a cryptocurrency, Libra, to allow people to move money around the world with ease. Regulators worry that the digital currency would compete with the dollar and euro. Meanwhile, on Tuesday, the social network unveiled a new payment system called Facebook Pay.

Google differs from others in that its move puts the banks "front-and-center on the accounts," according to the report. The search website currently offers Google Pay and Google Wallet so a debit card or checking account isn't completely foreign terrain.

Still, Google would be banking on the hopes that people will sign up at a time when consumers are increasingly wary about what big tech companies do with their personal information.

Google says it won't sell users' financial data, according to WSJ. And it doesn't use Google Pay data to woo advertisers.

Follow Dalvin Brown on Twitter: @Dalvin_Brown.