You read it here first …

It looks like someone at The Economist magazine is reading this blog! They took two of my recent posts: Can Google be trusted? and MaaS – Money as a Service and combined them into one article called: Who’s afraid of Google?:

Google is often compared to Microsoft (another enemy, incidentally); but its evolution is actually closer to that of the banking industry. Just as financial institutions grew to become repositories of people’s money, and thus guardians of private information about their finances, Google is now turning into a custodian of a far wider and more intimate range of information about individuals.

It is a good article and it fully supports my belief that SaaS can be only successful if SaaS providers behave more like banks and less like software companies…