Companies

Galileo Debuts ‘Payment Switch’ for Easier Bill Pay

Galileo

"Galileo Financial Technologies has launched Galileo Payment Method Switch, powered by Atomic. This product enables banks, fintechs and brands to make it easier for people to update their default payment method—including debit cards, credit cards, and bank accounts—across leading merchants, subscription services, utility providers, and digital wallets like Venmo or PayPal, all in one place."

Tags: Galileo

Companies

Mesh Payments Teams Up With SoFi Bank and Galileo to Drive Innovation In Travel and Expense Management

Yahoo Finance

"SoFi Bank’s relationship with Galileo strengthens Mesh Payments’ drive to reduce inefficiencies and accelerate the development of new products. This partnership integrates Mesh Payments’ next-generation expense and card infrastructure with SoFi Bank’s scalable financial framework and Galileo’s modern, customizable API-based payments processing platform."

Tags: Galileo Mesh Payments SoFi

Companies

Galileo Launches Secured Credit with Dynamic Funding Empowering Banks and Fintechs to Simplify Credit-Building for Consumers

Business Wire

"Galileo Financial Technologies, a financial technology company owned by SoFi Technologies, Inc., announced the launch of Secured Credit with Dynamic Funding, simplifying the secured credit process, making it easier for consumers to manage their debit and credit accounts."

Tags: Galileo

Companies

Galileo Expands Collaboration with The Bancorp to Offer Real-Time Payments via The Clearing House

Business Wire

"Using the RTP network from The Clearing House, Galileo and The Bancorp are delivering instant money movement between bank accounts, enabling fintechs and brands to solve the longstanding cash flow challenges faced by small businesses and consumers looking to get fast access to their funds."

Tags: Galileo The Bancorp

Companies

Galileo Changes Legal Name to Reflect Position As Industry Leader in Financial Technology

“World leading fintechs—including Chime, KOHO, Robinhood, TransferWise, Varo and many others—use Galileo’s payments platform in a variety of use cases, such as challenger banking, lending, consumer payments, commercial payments, gig economy applications and wealth management solutions. Earlier this summer, the company announced Galileo Money+, a new product that enables registered investment advisors to create white-labeled bank accounts.”

Tags: Galileo

Companies Systems

Galileo Grows Through Expanded Capabilities Including Fraud AI Solution

“Galileo achieved a 150 percent increase in new clients in 2017 from 2016, including an expansion into the online brokerage industry. In 2017, the dollar value loaded onto Galileo’s platform increased 23 percent over the prior year, and Galileo also experienced a 60 percent increase in its annual run rate. During this time, the company launched an open API sandbox for fintech companies, developed a cryptocurrency API solution and enhanced its industry-leading fraud solution with artificial intelligence (AI) capabilities.”

Tags: Cards Galileo