Technology
Google pulls plug on plan for mobile banking in Pay app
A spokesperson confirmed the Wall Street Journal report on Friday that the company has ended work on its Plex project, but continues to look for ways to integrate financial services. , Even if the online financial services market for everyday investors is heating up.
A spokesperson confirmed the Wall Street Journal report on Friday that the company has ended work on its Plex project, but continues to look for ways to integrate financial services. Plex will allow the Pay application to act as an interface for banks or credit unions, allowing users to access their savings and checking accounts. The Google development of this project comes from many Internet companies, from Amazon and PayPal to Square and Robinhood, and has been in the trend of providing financial tools for online shopping, lending or investment.
“We are updating our approach to mainly focus on providing digital support to banks and other financial service providers, rather than us as a provider of these services,” the spokesperson said in response to an inquiry from Agence France-Presse. “We firmly believe that this is the best way for Google to help consumers better access financial services.” Google said at the end of last year that it is working with more than a dozen credit unions and banks, including Citigroup, to incorporate its Pay mobile application available on Android smartphones into its Plex project.
The Pay application allows users to pay for transactions, send money to friends, store membership cards, etc. According to the Wall Street Journal, approximately 400,000 people are registered on Plex’s waiting list.
News Source : Telecom
.jpg "SpiceJet announces 8 new flights to connect Jaipur with Varanasi, Amritsar and Ahmedabad")
SpiceJet expands its domestic network with 8 new flights that will connect Jaipur with Varanasi, Amritsar and Ahmedabad and also link Ahmedabad with Pune.
SpiceJet is further expanding its domestic network with the launch of eight new flights starting November 15.
In the statement released on Wednesday, the airline announced that these new routes will connect Jaipur with Varanasi, Amritsar and Ahmedabad, while also linking Ahmedabad with Pune. This expansion follows the recent launch of 32 new flights in October 2024, including two international flights connecting Delhi with Phuket.
Last month, SpiceJet also commenced UDAN flights linking Shivamogga in Karnataka with Chennai and Hyderabad, and introduced double daily flights between Chennai and Kochi, enhancing connectivity across key regional and metropolitan cities.
“We are excited to announce the launch of new flights from Jaipur to Varanasi, Amritsar, and Ahmedabad, as well as from Ahmedabad to Pune, providing our passengers with greater flexibility and convenience,” SpiceJet Chief Business Officer Debojo Maharshi said.
“These new flights reflect our commitment to supporting passenger demand across tier-II cities and beyond. With our expanded winter schedule, including international and UDAN routes, we aim to provide our customers with greater convenience, affordability, and seamless travel experiences,” Maharshi added.
SpiceJet will deploy its 78-seater Q400 aircraft in these sectors. Bookings for the new flights are now open and tickets are available at the website of the airline, SpiceJet’s mobile app and through online travel portals and travel agents.
On Monday, the airline received a significant boost, with Acuite Ratings & Research Limited upgrading its long-term rating by four notches to ‘B ‘ and its short-term rating to A4. The rating agency has also assigned a ‘Stable’ outlook to the airline.
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