Galileo Analysis
What is Galileo?
Financial technology platform for modern banking
Location
9800 Monroe St 7th Floor, Sandy, Utah 84070, United States
Employees
201-500
Founded
2005
Product Features & Capabilities
- Core banking solutions
- Card issuing services
- Payment processing
- Digital banking tools
- Risk management solutions
- Fraud operations support
- Program management services
Other Considerations
Named Best-in-Class for digital issuance by Javelin Strategy & Research; Serves a diverse range of clients across multiple countries; Trusted by major financial institutions and fintechs
Whitelabeling Services
- Types of Cards - Galileo provides the ability to issue various types of cards, such as: - **Physical Cards**: Traditional plastic cards for everyday use. - **Virtual Cards**: Digital cards that can be used for online transactions. - **Digital-First Cards**: Cards designed primarily for digital use, enhancing user experience. - **Secured Cards**: Cards that require a deposit, often used for building credit. - **General Purpose Reloadable Cards**: Cards that can be reloaded with funds multiple times. - **Debit and Prepaid Cards**: Cards linked to bank accounts or preloaded with funds. - **Contactless Cards**: Cards that allow for tap-and-go payments.
- Key Features - - **Instant Issue**:
- Galileo Instant Issuing
Api Availability
- Customizable Web and Mobile Apps - It offers a white-label web and mobile application that can be customized to reflect the brand's identity, allowing customers to onboard the program and access their co-brand rewards account with minimal development effort.
- Onboarding and Account Opening - The API supports onboarding and account opening processes, including Customer Identification Program (CIP) and Know Your Customer (KYC) compliance.
- Authentication - It provides secure authentication options, including log-in via credentials or biometrics.
- Card Issuance - Users can issue both digital and physical cards through the API.
- Secure External Account Linking - The API facilitates linking to external accounts and allows for account-to-account transfers. Galileo also manages the relationship with the sponsor bank and oversees compliance and legal requirements, ensuring that the white-labeled services adhere to necessary regulations.
