SALT LAKE CITY, October 11, 2022 – Galileo Financial Technologies, a leading financial technology company owned and operated independently by SoFi Technologies, Inc. NASDAQ: SOFI), today announced that it has become Visa Ready certified as an issuer processor for its PCaaSA (Payment Cards as a Service API) technology for card issuing. By collaborating with Visa, a world leader in digital payments, Galileo can further its partnerships with innovative payments players in the evolving payments landscape.
Galileo’s issuer processor platform offers an easy way to create sophisticated payment card programs and digital banking solutions. Receiving the Visa Ready certification demonstrates Galileo’s recognition in the transformative power of fintech. Through Galileo’s flexible APIs, clients can create a custom, multi-product solution including card issuing, payments, checking, savings, deposits, digital banking, lending and future products.
“Galileo continues to expand the financial frontier by creating frictionless, digital-first experiences,” said Seth McGuire, Chief Revenue Officer at Galileo. “By becoming Visa Ready certified, we are solidifying our current and prospective clients’ trust in choosing our next-gen digital and core banking platform.”
The Visa Ready certification program provides technology companies like Galileo with opportunities to expand their suite of payment solutions that meet Visa's global standards around security and functionality. With this certification, Galileo is able to accelerate its payment processing platform to provide an exceptional customer experience across digital banking, payment processing and card issuing.
For more information about Galileo’s powerful APIs that are reinventing B2C and B2B financial services, visit www.galileo-ft.com.
##
About Galileo Financial Technologies
Galileo is a leading financial technology company whose platform, open API technology and proven expertise enable fintechs, emerging and established brands to create differentiated financial solutions that expand the financial frontier. Galileo removes the complexity from payments and financial services innovation by providing flexible, open API building blocks and a secure, scalable, future-proof platform. Trusted by digital banking heavyweights, early-stage innovators and enterprise clients alike, Galileo supports issuing physical and virtual payment cards, mobile push provisioning and more, across industries and geographies. Headquartered in Salt Lake City, Galileo has offices in Mexico City, New York City, San Francisco and Seattle.
MEDIA CONTACT: Alissa Clayton The Fletcher Group 647.390.9085 alissa@fletchergroupllc.com
Galileo impulsiona a integração e expansão perfeita da SoFi no setor fintech
Desde a aquisição da Galileo Financial Technologies em 2020, a SoFi Technologies, Inc. (SOFI) tem fortalecido sua infraestrutura fintech ao integrar as capacidades de processamento de pagamentos e tecnologia da Galileo em seu portfólio crescente de soluções.
O Banco Moderno Começa com a Mentalidade Antes da Tecnologia
Apesar dos investimentos massivos em transformação digital, uma lacuna persistente entre a estabilidade operacional e a inovação voltada para o futuro continua a impedir o progresso.
Economia de Assinaturas Deve Alcançar US$ 1,2 Trilhões até 2030
Muitos consumidores podem se sentir sobrecarregados com suas assinaturas, mas isso não parece estar impedindo o crescimento dessa prática. Segundo um relatório divulgado na segunda-feira pela Juniper Research, sediada em Londres, a economia de assinaturas quase dobrará nos próximos cinco anos, passando de US$ 722,5 bilhões em 2025 para US$ 1,2 trilhão.
Você Está Recompensando os Clientes Certos? Veja Como Fechar a Lacuna de Fidelidade
As necessidades dos consumidores superaram as soluções financeiras criadas para atendê-los. A maioria dos americanos usa o débito como principal método de pagamento—mais de 90% dos adultos nos EUA possuem um cartão de débito—mas não estão sendo recompensados pelo que gastam ou por sua lealdade à marca.
Carteiras Digitais Unem Bancos e FinTechs no Esforço de Inclusão da América Latina
Tory Jackson, chefe de desenvolvimento de negócios e estratégia para a América Latina na Galileo, disse à PYMNTS que a região oferece lições para outros países em termos de inovação nos serviços financeiros e inclusão financeira.
