11:37 AM
Olivia LaBarre
Olivia LaBarre

Google Could Benefit from Gupta's Resignation

The resignation of Vikas Gupta, Google's head of consumer payments, may be exactly what the company needs.

After an 18-month run as Google's head of consumer payments, Vikas Gupta has resigned from the company, according to AllThingsD's Tricia Duryee.

I believe that a major staff change such as this one presents a great opportunity for a company to refresh and progress. And after an anticlimactic September launch and limited adoption of the company's much-hyped Google Wallet, a breath of new life may be exactly what Google's consumer payments division needs.

[Read my blog about Google Wallet's launch here.]

I have not yet been able to connect with Google regarding the conditions of Gupta's resignation, restructuring possibilities or the company's larger goals for its consumer payments division, but check back here for more on the next moves in Google's consumer payments division and how it will affect the banking industry.

Comment  | 
Print  | 
More Insights
Register for Bank Systems & Technology Newsletters
White Papers
Current Issue
Bank Systems & Technology Oct. 14, 2014
Bank Systems & Technology's new Must Reads is a compendium of our best recent coverage of customer analytics. Learn what big data means for banks, meet Wells Fargo CDO Charles Thomas, find out how to connect with your Gen Y customers, and more.
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.