The following article was posted by Payments Journal.
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 help transform the creativity of these big thinkers in the payments community into marketable commercial products. We’ve offered our APIs to contracted clients for years.
Five years ago, 40 to 50 percent of our clients were coding to our APIs. By the end of 2016, that percentage was over 90. As part of our commitment to helping the payments industry innovate and grow, Galileo recently opened our suite of APIs and our sandbox, enabling developers to experiment and test their creativity in a secure environment. Without signing an NDA, virtually anyone can immediately begin to code to the APIs.
Developers can unleash their creativity in the sandbox while business arrangements are finalized—helping to minimize launch time. Galileo’s open environment enables developers to create, experiment and test drive features and functionality before making a buying decision.
Our APIs support fintech developers in creating innovative products and adding alert and authorization features that differentiate their creations—providing a more engaging user experience, embedding added security and expanding the universe of use cases. The developer-centric design instantly creates code fragments, in popular programming languages, with a single click in for any API method or function, cutting development time.
The sandbox simulates Galileo’s live operating environment, so developers—whether working at a startup, tech company or large bank—can code to the APIs and test their concepts at will. By giving businesses the option to innovate without limitations, Galileo hopes to enable and promote tremendous creativity in payments and financial services.
By Clay Wilkes, founder and CEO of Galileo Processing, an innovative payments processor and program manager for prepaid, debit and virtual transactions.
Galileo Lança ‘Payment Switch’ para Facilitar Pagamentos de Contas
A Galileo integra mais uma nova solução, impulsionada pela Atomic, para ajudar os clientes a se tornarem a primeira escolha para gastos do dia a dia e aumentarem a receita recorrente.
Galileo Leva Recompensas em Débito Co-Branded ao Setor de Hospitalidade
A Galileo está levando seu programa de recompensas em cartão de débito — que permite às marcas oferecer aos usuários de débito acesso a recompensas normalmente reservadas para clientes de cartão de crédito — ao setor de hospitalidade nos Estados Unidos.
Escolher a Melhor Opção Bancária Nem Sempre É Fácil
Escolher a opção bancária certa pode ser complexo, já que os consumidores avaliam fatores como tarifas, acessibilidade e ferramentas digitais entre bancos tradicionais, cooperativas de crédito, bancos digitais e empresas de fintech.
Por Trás do Negócio de Tecnologia da SoFi
A SoFi construiu um negócio bancário em plena expansão, mas como funciona e escala a área de tecnologia?
Perspectivas da Alta Liderança sobre IA: Derek White, da Galileo Financial Technologies, sobre onde usar IA e onde confiar apenas em humanos
À medida que a inteligência artificial (IA) continua a avançar e a se integrar em diversos aspectos dos negócios, os tomadores de decisão no mais alto nível enfrentam a tarefa complexa de determinar onde a IA pode ser utilizada com mais eficácia e onde o toque humano continua insubstituível. Esta série busca explorar as decisões cuidadosas tomadas por executivos do C-Level sobre a implementação da IA em suas operações. Como parte dessa série, tivemos o prazer de entrevistar Derek White.
