Birmingham Mortgage Group

FINANCIAL MANAGEMENT, FINTECH

Galileo Financial Technologies and Atomic | December 14, 2022

Galileo Financial Technologies, LLC, a leading financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQ: SOFI), announced the launch of Galileo Direct Deposit Switch. Powered by Atomic, the infrastructure provider for connecting with payroll accounts, Galileo’s Direct Deposit Switch functionality gives the company’s fintech clients an opportunity to better serve consumers by offering faster access to their wages and a more streamlined approach ...

PAYMENTS

Pana | February 24, 2022

Pana, a Latino-focused neobank, has announced joining Visa’s Fintech Fast Track program. It has joined intending to speed up integrating with Visa, a world leader in digital payments. Pana with Visa can easily leverage the capabilities, reach, and security measures that VisaNet offers. VisaNet is the company’s global payment network, which will further issue Fast Track to Pana to address key pain points of Hispanics in the USA for managing banking services. “Amon...

Wirecard | June 22, 2020

Wirecard shares are once again in free fall on Monday after the German payments firm said it was likely that 1.9 billion euros ($2.1 billion) of cash missing from its balance sheet doesn’t exist. The Munich-based company said it was assessing the “prevailing likelihood” that unaccounted cash balances flagged by auditors at EY last week “do not exist.” The lost funds represent roughly a quarter of Wirecard’s balance sheet....

FINANCIAL MANAGEMENT

Kerv | July 11, 2022

Kerv, the next-generation, customer-first cloud & digital transformation services provider, has announced the acquisition of the Communications Compliance Practice business of TDS Global Holdings, to significantly enhance its capabilities in FCA regulated compliance services. The acquisition will take the total Kerv business to over £60m turnover and more than 500 staff and create the leading compliance technology practice serving the UK’s Tier 1 banking and financial services se...