Galileo Early Pay With Galileo Early Pay, your direct deposit customers can access their pay when their employers deposit funds into their accounts—typically, up to two days before an employee’s scheduled pay day. Early access to their pay can make a world of difference to young people just starting out, those living on a tight
Galileo Roundup Funding Makes Spare Change Count The “spare change” left over from purchases sweeps automatically into your customers’ linked savings or investment account. Kickstart the Saving/Investing Habit Encourage customers to save or invest by making it easy and painless to tuck away their spare change. Encourage Sticky Relationships Add Galileo Roundup Funding as a
Stop tying up your working capital by funding your employees’ expense cards in advance. With Galileo Just-in-Time Funding, your employees’ (or other third parties’) cards carry a zero balance. No money is moved to fund your employees’ purchases until payment is authorized. You can even introduce your own business logic into the authorization stream to
If you’ve never thought about enhancing your DDAs with overdraft protection, here are five reasons to change your mind. Full Solution We offer a complete solution to adding overdraft protection to DDAs, enabling you to enhance your service and generate incremental revenue. Eligibility Management Our eligibility management engine automatically verifies that your customers qualify for
Galileo, the company that powers the world’s leading fintechs, announced today that it has updated its legal name to Galileo Financial Technologies, Inc. from Galileo Processing, Inc. The company will continue to be known informally as Galileo. “What we bring to our fintech, financial institution and investment firm clients goes far beyond processing,” explained Galileo
Galileo is the sponsor of the first Fintech Utah meetup at noon, Wednesday, August 15 at Kiln in Salt Lake City. Divvy VP Tyler Hogge will address how Utah is becoming a major fintech hub. Questions, comments and suggestions for future topics are welcome. If you’re part of the Silicon Slopes community, join us for
Galileo Selected as Finalist for ‘Best Use of Payments Data or AI in Financial Services’ in EPA’s 12th Annual Emerging Payments Awards
Galileo Clients Chime, Current, Glint, KOHO, SMI and TransferWise Also ‘Shortlisted’ for Awards Galileo, the payments technology company powering the world’s leading fintechs, today announced that its nomination for “Best Use of Payments Data or AI in Financial Services” was named a finalist in the 2019 Emerging Payments Awards. Galileo Fraud Protection with AI is
Financial Advisor Magazine, a leading publication for financial advisors and registered investment advisors, recently published an article about the launch of Galileo Money+, featuring Galileo’s founder and CEO Clay Wilkes. Available exclusively through financial advisors, Galileo Money+ is a high-interest, FDIC-insured mobile banking solution that empowers financial advisors to compete for the $10 trillion in
In early May, Galileo attended the Carson Group’s Excell Conference to announce another quantum leap forward in the delivery of banking services – Galileo Money+, a new mobile-only banking service, available exclusively through financial advisors. Galileo Money+ empowers financial advisors to compete for the $10 trillion in low- or no-interest U.S. bank deposits by offering
Galileo Announces Money+, a Mobile-Only, Customer-First, Banking Solution that Enables Financial Advisors to Offer High-Interest Rate, FDIC-Insured Bank Account Alternatives Carson Group, a Family of Companies Committed to Being the Most Trusted for Financial Advice, Signs On as First Partner; Plans to Offer Full-Feature Bank Accounts to Investment Clients and RIA Partners Galileo, the technology
Top Canadian-based online payments publication, Bankless Times, recently interviewed Clay Wilkes, Galileo’s founder and CEO. In the interview, Clay shares his perspective about why Galileo is experiencing massive growth and is on track to surpass the record numbers it achieved in 2018. Clay highlights that, “In the first quarter of 2019, we signed more deals
Galileo CEO Clay Wilkes was a recent guest on the Wharton FinTech Podcast that features key fintech players and thinkers with unique perspectives. The episode covers fintech innovation, consolidation, valuation and the convergence of issuing and acquiring in payments.
Galileo, the power behind the world’s most innovative fintechs, posts 173 percent API usage increase and strong client growth SALT LAKE CITY (March 20, 2019) — Galileo, the trusted technology partner for fintechs, financial institutions and investment firms worldwide, today announced significant company growth and an expanded portfolio of payments and cash management solutions that
Galileo, the trusted technology partner for fintechs, financial institutions and investment firms worldwide, announced significant company growth and an expanded portfolio of payments and cash management solutions that increases business opportunities for its clients. Check out Galileo’s growth and milestones in the infographic below. Click here to access the announcement.
Why do the most recognized fintech leaders choose Galileo? Simple. We’re “fintechs’ tech”. Find out how we connect our partners to infinite opportunities in payments and empower the world’s financial transactions in this short video.
Mobile Payments Today sat down with several of our fintech clients to discuss their latest developments and top trends in fintech and payments. Check out the videos to see what our clients are up to. Cardplatforms Chime TransferWise
Galileo’s founder and CEO Clay Wilkes caught up with Fintech Finance at the recent Paris Fintech Forum where he discussed Galileo’s tremendous growth and success powering many leading U.S. and UK fintechs, the current fintech landscape and how it’s evolved, opportunities for expansion between Europe and the U.S. and more hot topics like open banking,
Galileo CEO and founder Clay Wilkes spent time with Mobile Payments Today discussing how Galileo’s open API platform helps foster creativity. In this environment, users can integrate their projects quickly, create without boundaries of contracts or NDAs, and benefit from Galileo’s industry leading fraud AI capabilities.
Clay Wilkes, founder and CEO of Galileo Processing recently sat down with Mobile Payments Today to discuss the company’s latest offering, Galileo Securities Solution. Considered a game changer in many ways, Galileo Securities allows investment advisors and money management firms to create products that become consumers’ primary financial accounts for investing and transacting with bank-like
Galileo’s CEO and AI Author Pedro Domingos to Present on the Risk of Weaponized AI to Financial Institutions at Money20/20
On Monday, October 22, Clay Wilkes and AI expert Pedro Domingos will share the stage to educate about the opportunities and impending threats that AI brings to financial services SALT LAKE CITY (October 17, 2018) — Galileo Processing, Inc. (“Galileo”), the company behind the tech that powers dynamic financial services delivered by North America’s boldest
Top prepaid issuer has selected Galileo’s industry-leading payments processing platform SALT LAKE CITY (August 8, 2018) — Galileo, one of North America’s largest and most innovative payments processors and program managers, known for supporting debit, credit, prepaid, commercial and virtual cards linked to more than 87 million accounts, today announced that Sutton Bank has chosen
Galileo was founded nearly 20 years ago and has earned the trust of large financial institutions and fintech startups as an industry leader in technology, fraud detection offerings, security, decision-making analytics and regulatory compliance functionality. Galileo’s highly innovative culture combined with its unique platform architectures enables unprecedented flexibility and customization for its customers. Galileo’s CEO,
Galileo Processing’s industry-leading offerings have landed it on CIO Review’s list of 20 Most Promising Payment and Card Solutions Providers in 2018. CIO Review recognizes Galileo as a top payment and card solution provider based on its technology platform, fraud detection offerings, security, decision-making analytics and regulatory compliance functionality. By offering its customers innovation without
Investment Firms Can Attract Incremental Assets Under Management with Consumer Accounts that Combine the Growth Potential of Investing with the Convenience of Everyday Payments SALT LAKE CITY (May 09, 2018) Galileo—one of North America’s most innovative payments companies, known for providing the underlying technology to many leading fintech firms and supporting debit, credit, prepaid, commercial and
Galileo’s founder and CEO, Clay Wilkes, recently talked with PaymentsSource about the launch of Galileo’s global cryptocurrency API solution that bridges the gap between cryptocurrencies and mainstream payments. The first-of-its-kind cryptocurrency API enables real-time funds transfers at the point of sale and makes cryptocurrencies readily usable. Galileo’s cryptocurrency solution enables customers to seamlessly deposit funds
First-of-its-kind cryptocurrency API enables real-time funds transfers at point of sale SALT LAKE CITY (April 11, 2018) — Galileo, one of the largest and most innovative payments processors and program managers in North America for prepaid, debit, credit and virtual transaction processing, today announced the launch of the Galileo Cryptocurrency API to bridge the gap between cryptocurrencies and
Learn how Galileo’s solution is bridging the gap between cryptocurrencies and mainstream payments Galileo’s Cryptocurrency API integrates cryptocurrencies with mainstream payments, providing the foundation for companies to build cryptocurrency solutions. Using the Galileo Cryptocurrency API, developers can quickly and easily create applications that bridge the gap between cryptocurrencies and payments. Companies can enable their customers
Overcoming the Go-To-Market Challenges of Cryptocurrency The cryptocurrency market has incredible speculative value right now, which is generating massive hype across the financial market. Even with all the hype, cryptocurrency is in a state of disequilibrium. Listen in as Galileo’s founder and CEO, Clay Wilkes, discusses the supply and demand challenges of cryptocurrency and how
Leading payments processor expands portfolio of clients by 150% in 2017 SALT LAKE CITY, March 26, 2018 /PRNewswire/ — Galileo, one of the largest and most innovative payments processors and program managers in North America for prepaid, debit, credit and virtual transaction processing, today announced significant company growth and expanded capabilities that address timely issues
Clay Wilkes shares three factors impacting cryptocurrency and ways to overcome them Cryptocurrencies’ future depends on three barriers that are impacting its efficient market allocation. Scale: Cryptocurrencies haven’t yet scaled to achieve price efficiency. Rational investors: Investors today might be lured by the hype or the get-rich-quick possibility instead of standing behind the need for
Galileo Processing uses artificial intelligence to more accurately identify fraudulent credit card transactions. It’s an example of how AI can be a powerful security technology. Article from CSO I recently spoke with a long-time acquaintance who had owned several small businesses. He made a good living selling electronic products like computers and printers to consumers,
Fraud AI can further reduce Galileo’s fraud loss average of one basis point, 80 percent below industry average SALT LAKE CITY, Dec. 11, 2017 /PRNewswire/ — Galileo, a payments processor and program manager for prepaid, debit, credit and virtual transaction processing, today announced the release of its artificial intelligence capability for fraud, called Fraud AI.
Payments Journal: Opening APIs Promotes Payments Innovation and Brings New Products to Market Faster
The following article was posted to Payments Journal November 16, 2017 New entrants and new technology continue to flood the payments industry, and every day we see that the boundaries of the industry are expanded. With this evolution of tech and the rise of fintechs in particular, we realized that we had an opportunity to
The flexible and accessible testing environment simulates Galileo’s live system SALT LAKE CITY, Oct. 12, 2017 /PRNewswire/ — Galileo, a payments innovator with a dynamic processing and program management platform for prepaid, debit and virtual transaction processing, today announced the release of its open APIs, enabling developers to experiment and test in a secure sandbox