Galileo Financial Technologies news and trends

Upcoming Data Reporting Requirements Could Shape Small Business Lending’s Future
Loans // April 16, 2024

Main Street businesses represent the backbone of both the American economy and their local communities. And with the news on Tuesday (April 16) that Rapid Finance has teamed up with Galileo Financial Technologies on a small business financing solution, small business lending is top of mind for financial...

Rapid Finance Teams With Galileo on Small Business Financing Solution
Partnerships // April 16, 2024

Rapid Finance has teamed up with Galileo Financial Technologies on a small business financing solution. This collaboration has created Rapid Finance’s Rapid Access Mastercard program, which is managed by Galileo and sponsored by Galileo’s parent company, SoFi Technologies, the companies said in a Tuesday (April 16) press release emailed...

Post-Purchase Financing Ushers In a New Era of Lending
BNPL // April 01, 2024

The cart doesn’t lead the horse, which is why payments innovations tend to check the boxes that end users need most. And sometimes the smallest boxes, or micro moments, can have the biggest impact. “Embedded finance solutions need to be embedded in the consumer’s flow...

How Embedded Payments Help Businesses Own Key ‘Micro Moments’
Payments Innovation // March 28, 2024

In life, and in commerce, it is often the little things that matter most. And as digitization changes the world, those little things are getting both smaller and more important — particularly when it comes to payments. This, as leveraging embedded finance is emerging as...

Interviews & Exclusives
Customer-First Focus Unlocks Financial Technology Innovation

April 29, 2024
With the right technology, businesses can unlock critical insights hidden in their own customer data, Galileo CEO Derek White writes in the new PYMNTS eBook, “The Implications of Uncertainty.”   Financial services account for 25% — or $1 for every $4 — spent in technology today, making it the biggest revenue pool on the planet. […]

Post-Purchase Financing Ushers In a New Era of Lending

April 01, 2024
The cart doesn’t lead the horse, which is why payments innovations tend to check the boxes that end users need most. And sometimes the smallest boxes, or micro moments, can...

How GenAI Is Transforming Financial Services Through ‘Hyper-Personalization’

February 01, 2024
Michael Haney, head of product strategy at Galileo Financial Technologies, said machine learning combined with the rise of generative artificial intelligence will usher in a new era of back-office productivity...

2024 May Mark a Year of AI Regulations and Bring Clarity to Risks

October 26, 2023
Regulations over data, how it’s accessed and used — and especially, safeguarded — are changing rapidly.  And they’ll keep changing. In one recent example, the Consumer Financial Protection Bureau proposed a...

Quick Reads
Rapid Finance Teams With Galileo on Small Business Financing Solution

April 16, 2024
Rapid Finance has teamed up with Galileo Financial Technologies on a small business financing solution. This collaboration has created Rapid Finance’s Rapid Access Mastercard program, which is managed by Galileo and sponsored by Galileo’s parent company, SoFi Technologies, the companies said in a Tuesday (April 16) press release emailed to PYMNTS. The Rapid Access Mastercard is a prepaid commercial […]

Galileo Expands BNPL Offering for Banks and FinTechs

March 19, 2024
Galileo Financial Technologies has launched an expansion of its buy now, pay later (BNPL) offering. The company now lets banks and FinTechs offer cardholders new post-purchase installment payment options via their...

Galileo Aims to Combat Fraud With Payment Risk Platform

October 19, 2023
Galileo Financial Technologies has unveiled its Payment Risk Platform to help combat fraud. The tool, announced Thursday (Oct. 19), is a “holistic fraud engine” offering real-time payment risk mitigation controls to FinTechs...

SoFi Integrates Galileo’s Conversational AI Into Personal Finance App

August 08, 2023
SoFi Technologies has integrated Galileo Financial Technologies’ conversational artificial intelligence (AI) engine into its personal finance app. The intelligent digital assistant (IDA), Cyberbank Konecta, has increased member satisfaction, improved response...