MINNEAPOLIS, May 23, 2017 (GLOBE NEWSWIRE) -- Digiliti Money, Inc. (NASDAQ: DGLT ), a leading mobile FinTech provider of cloud-based remote deposit capture (RDC) and mobile prepaid solutions, has partnered with Galileo Processing to offer Galileo’s global network of prepaid, debit and credit card program managers a broad set of mobile features and enhancements.
The solution integrates Digiliti Money’s award-winning Select Mobile Money SaaS platform with Galileo’s industry-leading processing capabilities. It allows program managers using Galileo’s processing services to offer their partners and end users a feature-rich companion app for iOS or Android mobile devices.
The mobile app can present a variety of services that helps card users personalize their mobile experience, better manage their prepaid cards and personal funds, including account management, transaction history, international remittance, bill pay, card-to-card transfer, check-to-card, and other convenient options. The app also features location-based technology that can pinpoint nearby reload locations and ATMs, as well as supports coupon loyalty programs.
Powerful back-end analytics enable card program managers to segment users based on behavior and send relevant marketing notifications in the app that keep them engaged. As a unique ‘white label’ offering, Select Mobile Money allows program managers to quickly and easily deploy a variety of branded cards directly to the end user or through their independent distributors.
“Major FinTech players like Galileo are increasingly turning to partner with Digiliti Money because the word is spreading that we have the best white-label platform for the prepaid market,” said Larry Blaney, Digiliti Money’s EVP of Sales. “We now have several Galileo programs that have deployed our multi-tenant white-label platform, which allows the program manager to quickly create custom mobile applications for their programs.”
According to Scott Johnson, SVP of Business Development at Galileo: “We’ve partnered with Digiliti Money because we have experienced firsthand the unique functionality and capabilities of Select Mobile Money, and how it can be tremendously beneficial to our prepaid program managers. By integrating Digiliti Money technology into our platform, we are able to further leverage our payment expertise and enhance our leadership position in the payment solutions industry.”
About Galileo Processing Galileo was founded in 2000, and they quickly established a leadership position in the advanced payment solutions industry by providing based on partner needs. From day one, their mission has been to leverage their payment expertise while developing new and innovative technology and strategies to empower their clients. The result? Galileo Processing continues to redefine what’s possible in payment solutions. For more information, go to www.galileoprocessing.com .
About Select Mobile™ Money Digiliti Money's award-winning Select Mobile Money is a cloud-based SaaS platform that enables financial institutions to offer their prepaid cardholders a full suite of convenient financial services in one easy-to-use, multilingual mobile app available on both iOS and Android systems.
The platform can be integrated with existing card programs or used to develop a new prepaid card program, complete with a feature-rich mobile app and branded general purpose reloadable prepaid card. Powerful back-end analytics enable financial institutions to segment customers based on behavior and send relevant marketing notifications that keep customers engaged.
The mobile app delivers a range of convenient cloud-based mobile services that include mobile account management, check-to-card fund loading with an option for instant good funds, and card-to-card transfer and remittance. The mobile app supports fingerprint authentication and location-based technology that can pinpoint nearby reload locations and ATMs.
Cardholders may also send money internationally to family and friends with fully integrated, seamless and secure money transfer, as well as gain access to a national mobile coupon network of 150,000 merchants offering local deals. These mobile capabilities address the needs of the “unbanked,” while encouraging greater engagement among card users.
To learn more about Select Mobile Money, email info@digilitimoney.com or visit www.digilitimoney.com/solutions/mobile-money-management .
About Digiliti Money Digiliti Money is a leading cloud-based, SaaS technology provider serving the financial services industry with mobile money and remote deposit capture solutions for PC, Mac and mobile. Founded in 2010, Digiliti Money has quickly grown into a technology leader and trusted partner of some of the world’s largest and most respected financial organizations. With remarkable growth, an impressive client base and award-winning technologies, Digiliti Money continues to drive innovation and deliver world-class solutions to financial institutions of all sizes.
The company's industry-leading solutions help clients to increase customer engagement, grow revenues and gain competitive advantage. Digiliti Money’s cloud-based technology platform simplifies development, deployment and servicing of consumer and commercial solutions—minimizing cost and accelerating speed-to-market and ROI. Enabled by Digiliti Money’s complete suite of business and consumer solutions, financial institutions can better serve the needs of all their customers. For more information, visit www.digilitimoney.com .
Important Cautions Regarding Forward-Looking Statements This press release contains certain statements that would be deemed "forward-looking statements" under Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1933. Words such as "may," "likely," "anticipate," "expect" and "believes" indicate forward-looking statements.
These statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements.
Forward-looking statements reflect our current views with respect to future events, are based on assumptions and are subject to risks and uncertainties. We discuss many of these risks in greater detail in our Annual Report on Form 10-K for the fiscal year ended Dec. 31, 2016, filed with the Securities and Exchange Commission on Feb. 24, 2017, under the heading "Risk Factors" and in the other reports we file with the Commission. You are cautioned not to place undue reliance on these forward-looking statements. Also, forward-looking statements represent our estimates and assumptions only as of the date of this press release. Except as required by law, we assume no obligation to update any forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available in the future.
Company Contact: Bryan Meier EVP & CFO Digiliti Money 952-698-5214 bmeier@digilitimoney.com Investor Relations Contact: Matt Glover or Najim Mostamand Liolios Group, Inc. 949-574-3860 DGLT@liolios.com
