Galileo Taps DataVisor to Expand Payment Risk Platform

Galileo Financial Technologies, LLC, a leading financial technology company owned and operated independently by SoFi Technologies, Inc., has expanded its Galileo Payment Risk Platform jointly with DataVisor, a market leader in fraud and risk management, to offer robust fraud management solutions that help clients mitigate risk with precision and speed.

The Galileo Payment Risk Platform targets every corner of the payments ecosystem by combining Galileo's industry knowledge in fraud analytics and payments with DataVisor's advanced AI technology and powerful end-to-end fraud and risk management platform capability. Expanded platform capabilities support debit and credit card transactions, ACH, as well as provisioning/onboarding to protect clients against a variety of payments fraud.

"The new Galileo Payment Risk Platform was built to anticipate clients' needs and meet the evolving demands of today's payment risk environment. It's highly flexible and customizable to align with businesses' needs, risk tolerance and customer preferences," said David Feuer, Chief Product Officer at Galileo. "rough our evolving Galileo Payment Risk Platform, we continue to invest in protecting our clients with automated fraud mitigation technology that delivers rapid responses, intelligent decisioning and tailored solutions through flexible APIs."

"We are proud to integrate our sophisticated AI-powered solution into Galileo's infrastructure and enable a layered approach to payments risks and security," said Yinglian Xie, Co-founder and CEO of DataVisor. "As fraud remains a big concern for businesses, our partnership showcases our common commitment for business and customer protection."