Widening the Presence of that Smart Fintech Reality

Human beings are known for a myriad of different things, but most importantly, we are known for getting better on a consistent basis. This progressive approach, on our part, has already got the world to hit upon some huge milestones, with technology appearing as a major member of the stated group. The reason why technology enjoys such an esteemed stature among people is, by and large, predicated upon its skill-set, which ushered us towards a reality that nobody could have ever imagined otherwise. Nevertheless, if we look up close for a second, it will become clear how the whole runner was also very much inspired from the way we applied those skills across a real world environment. The latter component was, in fact, what gave the creation a spectrum-wide presence, and consequentially, kickstarted a tech revolution. Of course, this revolution then went on to scale up the human experience through some outright unique avenues, but even after achieving such a monumental feat, technology will somehow continue to produce the goods. The same has grown a lot more evident in recent times, and assuming one new fintech development shakes out just like we envision, it will only make that trend bigger and better moving forward.

Galileo Financial Technologies, LLC, a leading financial technology company owned and operated independently by SoFi Technologies, Inc, has officially confirmed the decision to list its solutions on Amazon Web Services marketplace, thus enhancing their accessibility by a dramatic margin. According to certain reports, the move should empower the company’s clientele in terms of streamlining their procurement and billing processes, while simultaneously obtaining the innate benefits of Galileo’s industry-leading API platform. Talk about what solutions are expected to be in the mix here, the collection starts from Galileo’s transaction processing function, which delivers transaction processing capabilities for products such as debit card, transaction validation and settlement, ACH, account transfer, virtual cards, and more. Beyond that, it also has the means to fulfill your money management needs, doing so through options like credit, overdraft, loans, and direct deposit accounts etc. Next up, we have the company’s payments risk platform. This one thrives on a set of tools that are necessary to verify applicants and identify higher risk transactions in real time. You see, with the help of machine learning, specialized protocols, analytics, and more, the platform is able to ensure optimal security for your each and every transaction. Interestingly enough, customers can use AWS marketplace to also access Galileo’s conversational AI technology called Cyberbank Konecta. The stated technology lets you speak to customers in their preferred language, and further bolstering its utility is the assistant’s knowhow in working across all digital channels.

“As more companies look to modernize their financial infrastructure and deliver digital experiences that meet today’s market demands, they need access to powerful financial technology solutions,” said Jamie Chomas, Head of Partnerships at Galileo Financial Technologies. “We are excited to leverage AWS Marketplace to connect our clients with cutting-edge solutions, help them accelerate innovation at scale and build products that create a better financial future for their customers.”

Founded in 2001, Galileo’s rise to prominence has arrived on the back of an ability to help both new and established brands conceive customer-centric fintech experiences. On a more practical note, the company currently serves up solutions across disciplines like physical and virtual payment cards issuance, mobile push provisioning, along with tailored and differentiated financial products etc.