Galileo’s powerful payments processing platform is fueling the world’s most innovative fintechs, neobanks and companies. Check out our recent roundup of Galileo clients in the news, highlighting award recognitions, fundraising and industry growth.
Oxygen was recognized for “Best Overall Fintech App” in the 2021 FinTech Breakthrough Awards (Yahoo Finance!)
Greenlight Financial Technology CEO Timothy Sheehan spoke about his company’s new educational investing service for kids (Tearsheet)
TomoCredit CEO Kristy Kim shared the company’s secret sauce for offering credit to those without a credit history (Mastercard)
KOHO Co-Founder and CEO Daniel Eberhard joined podcast host John Siracusa for a discussion of the company’s history and mission on the Bank on It Podcast
Paysafe Group listed on the NYSE after merging with a special purpose acquisition company (Coinspeaker)
Greenwood closed a $40M Series A investment to support its financial empowerment mission (CNN)
Aspiration was featured for disrupting financial services as a purpose-driven neobank on a mission to “build a better world” (Forbes)
Cheese, a startup digital bank for the Asian American community, is working with actor Jimmy Wong to raise money for anti-hate organizations (Protocol)
Ualá has reached more than 100,000 users in Mexico in just six months (Ualá) and was named one of the four fintechs disrupting the Latin American financial ecosystem (IBSIntelligence)
As the API standard for card issuing and digital banking, Galileo’s powerful payments processing platform offers the easiest way to create sophisticated payment card programs and digital banking solutions. For more news and insights, follow us on LinkedIn and Twitter.
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.
Choosing the Best Banking Option Isn’t Always Easy
Choosing the right banking option can be complex, with consumers weighing features like fees, accessibility and digital tools across traditional banks, credit unions, online banks and fintech firms.
Banks Need to Predict Customer Experience to Combat Fraud
Forget everything you knew about fraud and fraudsters. Financial institutions must grapple with the dual challenge of countering increasingly sophisticated fraud attacks as fraudsters harness artificial intelligence and machine learning technologies. The flip side is ensuring that the customer experience is seamless through the entire journey with the bank.
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.
SoFi Wants Tech Platform to Be AWS of Financial Services
SoFi Technologies’ leadership wants the company to become the “Amazon Web Services” (AWS) of FinTech. What that means is a lot of investment into technology and digital product innovation. The company’s latest quarterly earnings results released Tuesday (July 30) revealed good progress on that front, and showed that a lot can change in a year.
