We’re proud to be included in the Fintech Power 50’s class of 2020 and now in its second annual industry guide. Of course, we encourage you to read “New Horizons”, an article contributed by our CEO Clay Wilkes. (Take a look at our ad on page 4, too!). But, we also encourage you to review the rest of the rich content submitted by other members of the Fintech Power 50 and leading industry influencers. These include the Emerging Payments Association’s Director General Tony Craddock, the “Finanser” Chris Skinner, payments gurus David Parker and Jim Marous, and fintech mentor Dr. Ruth Wandhöfer.
Their predictions and views will intrigue and inform you, and it’s interesting that—although writing independently—the importance of data is a pervasive theme. And, don’t miss Chris Skinner’s article, which opens with the LOL-worthy line: “Data isn’t the new oil; it’s air.” 2020 is off to a great start at Galileo and we’re delighted to be included among the most influential, innovative companies and powerful figures within the fintech industry.
To learn more, please contact us!
Banks Are Asking the Wrong Questions About Core Modernization
In the early 2000s, Netflix offered Blockbuster an opportunity to integrate its online DVD rental model for $50 million. Blockbuster, bullish on its retail dominance, dismissed the offer, scoffing at the idea that digital and mail-based rentals could compete with its physical footprint. Blockbuster became a relic, while Netflix grew into a $433 billion global company.
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Relationship Fragmentation is Killing Loyalty: How Should Banks Respond?
Banks have long believed that delivering core banking services inevitably leads to ownership of their customers' full financial needs. That's becoming a dangerous myth, according to a new report on emerging consumer behaviors across multiple generations.
Galileo Rolls Out Wire Transfer API for Fintechs
Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc. (NASDAQ: SOFI), today announced it is arming fintechs with wire transfer capabilities, enabling them to better serve consumers and businesses by offering another option for fast, secure money movement.