Starting this week, Gemini app users across the United States can now grant the AI assistant access to their financial information through Google Wallet. The feature operates with read-only permissions, meaning Gemini can review spending patterns and answer questions about finances without the ability to execute transactions, transfer funds, or make investments. Users maintain full control and can disconnect the integration at any moment.
Beyond Google Wallet, the rollout also enables users to connect external bank and credit card accounts via Plaid, providing Gemini with a more comprehensive view of their financial activity. Once linked through the @Google Wallet tag in conversation, users can request the assistant to visualize quarterly expenditures, develop savings targets such as accumulating $1,000, identify subscription services that have increased in cost, or leverage historical spending data to establish budgets for upcoming occasions.
Google clarified that it does not directly use Wallet data to train its AI models. However, the company's documentation indicates that when users maintain their Gemini activity history, summaries derived from transaction information may be incorporated into model training. Additionally, human reviewers may examine certain conversations as part of Google's quality assurance processes.
Complementing this feature, Google introduced Memory Summary, a dedicated interface that displays information Gemini has retained about individual users, including their stated objectives and personal preferences. This summary page allows users to modify or remove stored details. The Memory Summary feature remains unavailable to users in Europe and the United Kingdom.
Google's move follows similar initiatives from competing AI platforms. OpenAI began offering select ChatGPT users the ability to connect bank accounts in May, while Anthropic introduced a comparable read-only financial feature for Claude the previous week. The development also aligns with Google's recent privacy policy modifications, which permit data from connected Gmail and Photos services to inform advertising decisions.
Source: The Next Web
