For traditional financial services players, core banking beckons as a way to enable other financial firms — banks and FinTechs included — to set up embedded payments, instant payments and lending. And microservices are in the mix. The basic building blocks of banking — setting...
This week in PYMNTS, industry insiders discuss everything from composable banking to network tokenization to which tradeoffs lipstick buyers are and are not willing to make. The Future of Credit Carl Pascarella, former CEO of Visa USA for more than a decade and current investor...
Digital banking architecture is having a moment. Financial technology companies and consumer-facing neobanks are using it to create new features, applications and customer experiences. Regulators are focused on it as they try to make sense of their potential involvement. And as its importance spreads beyond...
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...
June 12, 2024
Digital banking architecture is having a moment. Financial technology companies and consumer-facing neobanks are using it to create new features, applications and customer experiences. Regulators are focused on it as they try to make sense of their potential involvement. And as its importance spreads beyond the chief technology officer, financial services executives need to become […]
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.” ...
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...
March 28, 2024
For decades, consumer expectations around the convenience and always-on capabilities of their financial services could not be met. The typical Monday-through-Friday banking hours and 4 p.m. branch closings have made...
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 existing debit or credit cards, Galileo said in a news release provided to PYMNTS Tuesday (March 19). “This new offering bridges the gap between cards […]
March 04, 2024
Galileo Financial Technologies has expanded its collaboration with The Bancorp to enable instant payments. Together, the companies use the RTP® network from The Clearing House to enable instant money movement between bank accounts, allowing FinTechs and brands to...
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...
October 17, 2023
Galileo Financial Technologies introduced a corporate credit tool designed to control expense management. “Traditionally, managing thousands of employee charge cards and their individual credit limits has been a complex and...