Latest news with #Atomic
Yahoo
21-05-2025
- Business
- Yahoo
Galileo Financial unveils payment method switch
Galileo Financial Technologies has launched a new service called Galileo Payment Method Switch, to ease bill payments. This service, which is powered by Atomic, facilitates updating payment methods across various merchants and service providers. The Galileo Payment Method Switch allows users to easily change their default payment options, including debit and credit cards, as well as bank accounts. The service is said to be useful for managing payments related to subscriptions, utility providers, and digital wallets like Venmo and PayPal. Banks, fintechs, and brands can integrate the Galileo Payment Method Switch into their applications, enabling customers to prioritise their issued cards or accounts for recurring payments. The integration is also compatible with Galileo's Direct Deposit Switch, which may help clients to accelerate their service launch timelines. Atomic's role in the partnership involves providing the necessary connectivity to update payment information across different merchants' billing systems. Galileo, on the other hand, is responsible for the secure exchange of card and account details. The service offers users the ability to select which card or account to use for each bill and seeks to minimise payment errors by providing a way to update payment details, preventing missed payments. Furthermore, the solution enables users to set a default card or account for recurring bills and subscriptions and interchange revenue when a card is utilised. Galileo product management vice president Prashant Shah said: 'Galileo Payment Method Switch allows banks, fintechs and brands to help customers easily manage bill payments without leaving an app they already trust. This solution keeps people spending in a branded environment, creating new recurring revenue streams, which are proven to be stickier, more predictable and scalable. We're pleased to expand our role as the one-stop shop for supporting modern payments.' In March 2024, Galileo expanded its Buy Now, Pay Later offering, which allows banks and fintechs to offer cardholders installment payment options on their existing debit or credit card accounts. "Galileo Financial unveils payment method switch " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Finextra
20-05-2025
- Business
- Finextra
Galileo makes it easier for people to update their default payment method
Galileo Financial Technologies, SoFi Technologies, Inc.'s Technology Platform (NASDAQ: SOFI), has launched Galileo Payment Method Switch, powered by Atomic. 0 This product enables banks, fintechs and brands to make it easier for people to update their default payment method—including debit cards, credit cards, and bank accounts—across leading merchants, subscription services, utility providers, and digital wallets like Venmo or PayPal, all in one place. Clients can embed Galileo Payment Method Switch into their apps, positioning their own issued card or account as the most visible and convenient option for recurring bills and everyday payments-helping them become their customers' preferred choice as subscription-based and automatic payments continue to rise. Global recurring payment transactions are projected to exceed $15.4 trillion in 2027. According to Atomic, people switch an average of three to five payments during their first visit, linking approximately $420 in recurring monthly spend. These usage patterns underscore growing demand for fast, easy ways to manage payments—especially when cards expire or accounts change. Galileo Payment Method Switch lets people update their payment method in seconds. With a single integration-also compatible with Galileo Direct Deposit Switch-clients can speed up launch timelines and give people an easy way to update payment methods, directly from their app. Atomic provides the merchant connectivity to update information across billing systems, while Galileo manages the secure exchange of card and account details, helping clients simplify payment management for their customers, drive account primacy, and earn more interchange revenue. 'Galileo Payment Method Switch allows banks, fintechs and brands to help customers easily manage bill payments without leaving an app they already trust,' said Prashant Shah, Vice President, Product Management at Galileo. 'This solution keeps people spending in a branded environment, creating new recurring revenue streams, which are proven to be stickier, more predictable and scalable. We're pleased to expand our role as the one-stop shop for supporting modern payments. Benefits for Consumers • Easy Updates in One Place: Change or update payment details-such as a new debit or credit card, or a different bank account- for thousands of popular merchants, subscriptions, and utility providers all from one banking, fintech, or brand app. • More Control and Flexibility: Choose which card or account to use for each bill, giving them more control over how they pay. • Fewer Payment Errors: Avoid missed payments or mistakes with fast, secure payment updates-no need to manually enter card or account details on multiple merchant websites. Benefits for Banks, Fintechs and Brands • Account Primacy and Increased Revenue: Boost customer stickiness by allowing them to set a default card or account for recurring bills and subscriptions, thereby increasing recurring payments and interchange revenue whenever a card is used. • Faster Setup: One-time integration with simple steps that help customers get started quickly and stay connected. • Stronger Loyalty: Making payments easy builds lasting customer relationships. 'We're helping financial services providers stay top of wallet by delivering a more seamless experience for their customers,' said Jordan Wright, Co-founder and CEO of Atomic. 'Our continued partnership with Galileo enables institutions to make it easier for people to update their payment methods—driving increased spend and deeper engagement.'
Business Wire
20-05-2025
- Business
- Business Wire
Galileo Launches Payment Method Switch to Help Banks, Fintechs, and Brands Stay Top of Wallet Through Easier Bill Payments
SALT LAKE CITY--(BUSINESS WIRE)-- Galileo Financial Technologies, SoFi Technologies, Inc.'s Technology Platform (NASDAQ: SOFI), has launched Galileo Payment Method Switch, powered by Atomic. This product enables banks, fintechs and brands to make it easier for people to update their default payment method—including debit cards, credit cards, and bank accounts—across leading merchants, subscription services, utility providers, and digital wallets like Venmo or PayPal, all in one place. Clients can embed Galileo Payment Method Switch into their own apps, positioning their card or account as the most visible and convenient option for recurring bills and everyday payments. Share Clients can embed Galileo Payment Method Switch into their apps, positioning their own issued card or account as the most visible and convenient option for recurring bills and everyday payments–helping them become their customers' preferred choice as subscription-based and automatic payments continue to rise. Global recurring payment transactions are projected to exceed $15.4 trillion in 2027. According to Atomic, people switch an average of three to five payments during their first visit, linking approximately $420 in recurring monthly spend. These usage patterns underscore growing demand for fast, easy ways to manage payments—especially when cards expire or accounts change. Galileo Payment Method Switch lets people update their payment method in seconds. With a single integration–also compatible with Galileo Direct Deposit Switch –clients can speed up launch timelines and give people an easy way to update payment methods, directly from their app. Atomic provides the merchant connectivity to update information across billing systems, while Galileo manages the secure exchange of card and account details, helping clients simplify payment management for their customers, drive account primacy, and earn more interchange revenue. 'Galileo Payment Method Switch allows banks, fintechs and brands to help customers easily manage bill payments without leaving an app they already trust,' said Prashant Shah, Vice President, Product Management at Galileo. 'This solution keeps people spending in a branded environment, creating new recurring revenue streams, which are proven to be stickier, more predictable and scalable. We're pleased to expand our role as the one-stop shop for supporting modern payments.' Benefits for Consumers Easy Updates in One Place: Change or update payment details–such as a new debit or credit card, or a different bank account– for thousands of popular merchants, subscriptions, and utility providers all from one banking, fintech, or brand app. More Control and Flexibility: Choose which card or account to use for each bill, giving them more control over how they pay. Fewer Payment Errors: Avoid missed payments or mistakes with fast, secure payment updates–no need to manually enter card or account details on multiple merchant websites. Benefits for Banks, Fintechs and Brands Account Primacy and Increased Revenue: Boost customer stickiness by allowing them to set a default card or account for recurring bills and subscriptions, thereby increasing recurring payments and interchange revenue whenever a card is used. Faster Setup: One-time integration with simple steps that help customers get started quickly and stay connected. Stronger Loyalty: Making payments easy builds lasting customer relationships. 'We're helping financial services providers stay top of wallet by delivering a more seamless experience for their customers,' said Jordan Wright, Co-founder and CEO of Atomic. 'Our continued partnership with Galileo enables institutions to make it easier for people to update their payment methods—driving increased spend and deeper engagement.' To learn more about Galileo Payment Method Switch, visit About Galileo Financial Technologies Galileo Financial Technologies, LLC and certain of its affiliates collectively comprise a financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQ: SOFI) that enables fintechs, financial institutions, and emerging and established brands to build differentiated financial solutions that deliver exceptional, customer-centric experiences. Through modern, open APIs, Galileo's flexible, secure, scalable and fully integrated platform drives innovation across payments and financial services. Trusted by digital banking heavyweights, early-stage innovators and enterprise clients alike, Galileo supports issuing physical and virtual payment cards, mobile push provisioning, tailored and differentiated financial products and more, across industries and geographies. About Atomic Atomic is the market leader in growing account primacy and enabling financial connectivity that drives action. They are trusted by over 195 financial institutions and fintech firms, including 13 of the top 20 fintech firms and 8 of the top 10 financial institutions. Atomic serves as the essential bridge between consumer data and financial solutions by allowing unparalleled access to payroll, HRIS systems, and merchants, facilitating a range of financial services including direct deposit switching, income and employment verification, payment method updating, and subscription management. For more information, visit ©2025 Galileo Financial Technologies, LLC. All rights reserved. Galileo Financial Technologies, LLC is a technology company, not a bank. Galileo partners with many issuing banks to provide banking services in North and Latin America.
The Spinoff
12-05-2025
- Entertainment
- The Spinoff
Review: Atomic 2.0 was just what we needed
The local femme rock supergroup, reviewed in two cities. Alex Casey in Christchurch I peeped the posters for last year's Atomic concert and was thrilled by the novelty concept: some of the most talented women in New Zealand music, rocking out to the likes of Blondie, Hole, Alanis Morissette and Patti Smith for a whole night? Love a tribute band, love seeing a women-heavy lineup, love the chance to see gaggles of Christchurch ladies dressed up in their finest leather and leopard. When I made it along to the very first night of Atomic 2.0 at the Isaac Theatre Royal last week, the crowd did not disappoint. Among the typical uniform of Christchurch puffer jackets, there were people wafting about in long Stevie Nicks robes and beads, plenty of tight black jeans and thick eyeliner, and that's before we even get onto the outfits on stage. Vera Ellen's red leather pants! Boh Runga's velour jumpsuit! Dianne Swann's shaggy blonde mop! The ensemble group comprising Atomic 2.0 was made up of musical director Julia Deans (Fur Patrol) Boh Runga (stellar*), Dianne Swann (When the Cat's Away), Vera Ellen, and Jazmine Mary, backed by Karen Hu (drums), Rebel Reid (guitar), Mareea Paterson (bass), and Ladyhawke's Ilayda Tunali (keys). Swann immediately demanded everyone get up and out their seats, and by the second song ('Call Me' by Blondie) the aisles were full of people boogying. The hits came thick and fast, with songs from The Pretenders, The Cranberries, Patti Smith and even a tribute to Shona Laing. Helmed by Julia Deans in Courtney Love cosplay, there was an air of joyous chaos to the whole thing. 'Undies? No undies?' Deans asked the whooping crowd while hiking her skirt up (later, when she sat down on the stage, a cackling crowd member stood in front to cover her crotch, just in case). With a few false starts and flubs, it had the energy of a shambolic talent show – just one where the contestants happen to be the most talented people in the country. A huge highlight of the night was when guitarist Rebel Reid took the microphone to sing 'Cherry Bomb' by The Runaways. 'This is the biggest crowd I've ever sung in front of,' Reid muttered shyly, before basically ripping the roof straight off the Royal with a belting cover. It was difficult not to well up when Boh Runga stood back in wonder with her glittering water bottle to let the crowd sing most of 'Nothing Compares 2 U'. Vera Ellen strutting around the stage like Mick Jagger to 'I'm Just a Girl' by No Doubt was also an appropriate serve of fierce and silly for the current moment. Atomic 2.0 was a hugely fun night out, but it did leave me pondering a (potentially tedious) thought, especially during New Zealand Music Month. Is it a bleak sign of the times that these musicians can only fill a room this big with their powers combined and an arsenal of nostalgia covers? How many of the people in the audience would go and see them performing their own songs? Maybe the Venn diagram is two separate circles. Maybe it doesn't matter at all. Maybe nothing compares 2 seeing a bunch of women making bank and rocking tf out. Claire Mabey in Wellington I want whoever is in charge of these things to send me back as any one of the women in Atomic. I haven't seen anything so cool in ages and don't expect to top Julia Deans and Vera Ellen guitar battling in this lifetime. Or Boh Runga's black leather pants, or Dianne Swann's VOICE. My god! What a revelation. I am ashamed I didn't know more about Swann before this night of rock Wellington crowd was a woman-strong mob featuring a lot of grey hair and tight pants. My friend and I arrived in the nick of time and I felt immediately young which was a pleasant sensation given I'd eaten too many fried potatoes at Damascus just minutes before, and am not young. The show got immediately underway and I remembered why I have long harboured a crush on Julia Deans. Why is she not Dame Julia Deans yet? Even from way in the back of the stalls she exudes such energy and obvious love for her art and craft, and for the women on stage and for the songs that have inspired them. Deans is the musical director of this genius concept: cover bangers and get a whole opera house full of mostly women singing, dancing and screaming out 'You deserve equal pay!' The supergroup opened with Joan Jett and the Blackhearts' 'I Hate Myself for Loving You' which reminded me just how magnificent Boh Runga is. The pipes, the style, the presence! A massive highlight was Runga singing 'Nothing Compares 2 U' by the late Sinead O'Connor, who Runga said was one of her favourite artists of all time. It was a stunning rendition – deeply felt. There was a lot of love for Wellington's own Vera Ellen in the room. It was Ellen who roused the Wellington crowd by saying 'You know you're allowed to sing along and dance, eh? Christchurch did.' Then she launched into Blondie's 'Heart of Glass' and the gun shy horde stood up and surged forward, joining Julia Deans who'd jumped off the stage to boogie on the floor with the fans. Shout out to the group of women who wore cowboy hats with neon lights – beautiful work. For me, Dianne Swann and Jazmine Mary were revelations. Swann sounds exactly like Marianne Faithfull and pierced my very heart with Faithfull's ' The Ballad of Lucy Jordan '; and her version of Patti Smith's 'Gloria' was wild. Jazmine Mary absolutely nailed 'Zombie' by the Cranberries. I was hoarse by the end of it and had only just enough voice left to belt out 'You Outta Know' by Alanis Morrisette (sung by Deans who also did so good to Courtney Love with 'Celebrity Skin' by Hole). Vera Ellen shone in the second half of the show ('welcome to the 90s segment,' quipped Deans) with 'I'm Just a Girl' by No Doubt (Gwen Stefani really was something back in the day) and with Sheryl Crow's evergreen 'If It Makes You Happy'. It was a night of excellence – the musicians were incredible: Karen Hu was sublime on drums, Rebel Reid epitomised rock goddess on guitar, Mareea Paterson's bass entered directly to the bloodstream, and Ilayda Tunali was phenomenal on keys. Eilish Wilson on saxophone was tremendous – what an instrument, what a shirt, what a player. Going by Alex's review it sounds like this show was tighter than the Christchurch version: Atomic 2.0 Wellington was slick, it was joyful and the musicianship really shone out. After an encore of Florence & The Machine's 'Dog Days Are Over' sung by Runga, a thousand elated bodies poured out of the Opera House into the rain, impervious to the damp and refreshed by rock. Can't wait for Atomic 3.0.
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Business Standard
07-05-2025
- Politics
- Business Standard
Chennai, Kalpakkam civil defence drill today: What residents should expect
India has retaliated and hit terrorist infrastructure deep in Pakistan and Pakistan Occupied Kashmir in the wake of attack in Pahalgam on April 22. As part of a nationwide preparedness exercise initiated by the Union Ministry of Home Affairs (MHA), Tamil Nadu's Chennai and Kalpakkam are among the districts that will witness a large-scale civil defence mock drill today. Residents are advised to stay calm and cooperate with authorities during the simulated emergency operations. Kalpakkam hosts the only nuclear plant in India with a Fast Breeder Test Reactor (FBTR) and a Pressurised Heavy Water Reactor (PHWR), besides affiliated research installations. Moreover, the Madras Atomic Power Station is also situated in Kalpakkam. It is around 80 km south of Chennai. The exercise is part of a pan-India mock drill being conducted across 244 civil defence districts, according to a directive issued by the MHA through the Directorate General of Fire Services, Civil Defence and Home Guards. The objective is to test the country's readiness in event of an hostile attack. What to expect Also Read Moreover, it will include the participation of Home Guards personnel, youth groups like NCC, NSS, and NYKS, college and school students, and local residents of categorised Civil Defence districts. Why is the mock drill happening? Following the Pahalgam attack, India has imposed various diplomatic measures and conducted multiple military drills. Meanwhile, the Pakistan military has said that it has test-fired two missiles, even as its troops have been violating ceasefire protocols along the Line of Control for over 12 days now. In its letter to various states and union territories, the Directorate General Fire Service, Civil Defence and Home Guards said, "In the current geo-political scenario, new and complex threats/challenges have emerged, hence, it would be prudent that optimum civil defence preparedness in the states/UTs is maintained at all times."
