header icon
Solutions
header icon
Products
header icon
Platform
header icon
Developers
header icon
Company
English
English
SCOTT JOHNSON INTERVIEWS WITH FINTECH FINANCE

Scott Johnson interviews with Fintech Finance

February 27, 2020

In a wide-ranging interview with Fintech Finance during this year’s Paris Fintech Forum, Galileo SVP Scott Johnson acknowledged that in recent years the U.S. has lagged European counterparts in adopting new payment technology, citing the relatively recent introduction of EMV and the slow roll out of real-time payments as prime examples.

Still, Johnson said, Galileo has experienced unbelievable growth as fintech has evolved rapidly not only in the U.S. but also in the UK and Europe. He credited Galileo’s rapid growth to its infrastructure—specifically its open APIs and platform, which power leading U.S. neobanks and the U.S. operations of Monzo and TransferWise.

He added, “As an infrastructure payments company, we see the value in our company through our partners and their growth.”

Johnson noted that as you look at the Americas—not only the U.S.—he appreciates how fast payments are evolving, pointing to rapid adoption of financial inclusion and new payments mechanisms. He’s impressed with the number of fintech startups in Latin America—particularly Mexico—where Galileo opened an office last month, and the fintech investment pouring into Latin America.

Johnson concluded saying his favorite takeaway from the Paris Fintech Forum was meeting with Galileo’s many U.K.- and Europe-based partners and learning more about what they’re doing.

“The Paris Fintech Forum is a great conference to get all the different ideas that are coming together,” he said. “And, it’s a pleasure to see how many U.S. companies are coming here and vice versa—how many European companies are coming to the U.S.”

He added that he appreciates seeing the innovation in U.K. and Europe because—like the Beatles more than 50 years ago—we’re now being influenced by that innovation in the U.S.

April 24, 2025

Modern Banking Must Move at the Speed of the Customer

Transform your bank with real-time solutions that meet modern customers' expectations for speed, personalization, and seamless experiences.

See More
April 22, 2025

The Push to Modernize Latin American Banks

Essential core modernization strategies for Latin American banks to improve agility, reduce costs and drive digital transformation.

See More
April 15, 2025

Why Banks Should Rethink Their Digital Wallet Strategy in Latin America

Learn why banks in Latin America must rethink their digital wallet strategy to stay competitive, improve engagement, and unlock new revenue streams.

See More
April 9, 2025

How Banks and Fintechs in Latin America Can Diversify Revenue Streams

Discover strategic approaches for banks and fintechs in Latin America to diversify revenue streams through emerging digital products, channels and underserved markets.

See More
April 1, 2025

How Banks Can Protect Customers During Carnival 2025

How banks can help customers protect their finances during Carnival with security measures for lost cards, stolen phones, and fraud prevention.

See More