National Investment Banking Competition & Co

nibc.ca

Founded in 2007 as a collaboration between students and industry, the National Investment Banking Competition & Conference (NIBC) brings together students from over 100 universities and 150 professionals in an annual Case Competition and Conference. The Competition attracts over 400 teams comprised of 1,600 Undergraduate and Graduate students from top schools across the world. The finalist teams present to a Managing Directors Panel at the annual Gala Dinner in front of over 350 students and 150 professionals. With the generous contribution and participation of 17 investment banks, 12 private equity and asset management firms, and several professional services firms, NIBC’s mission is to provide participants with a unique opportunity to develop investment banking skills and expand their professional network.

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PAYMENTS

PANA TO DELIVER AN INNOVATIVE DIGITAL BANKING EXPERIENCE TO HISPANIC IN USA

Pana | February 24, 2022

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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...

Read More

GOLDMAN SACHS SEES WALL STREET BANKS SUFFERING IN BAD LOAN PROVISIONS

Goldman | July 07, 2020

news image

Goldman Sachs sees Wall Street banks suffering from a surge in bad loan provisions and has outlined a grim estimate for a 69% drop in second-quarter earnings. Analysts at the bank wrote in a 7 July note to clients that they see $32bn in set-asides for bad loans for the largest seven American banks this quarter, an increase from about $26bn in the first three months of the year. A trading bonanza, fuelled by virus-driven volatility, has not been enough to outweigh an economic slump, the dr...

Read More

NCR TO EXPAND ITS DIGITAL FIRST BANKING PLATFORM BY ACQUIRING TERAFINA

NCR Corporation | February 09, 2021

news image

NCR Corporation, today announced that they acquired Terafina, which is a leading and well-known solution provider for account opening, and onboarding. NCR Corporation is a leading and well-known provider of technology and software banks and financial institutions. Terafina enlarges NCR marketing capabilities and sales in its industry foremost platform for Digital First Banking to enterprise income growth across customer and commercial market sections. Mixing the client onboarding ...

Read More

PAYMENTS

HUNTINGTON NATIONAL BANK EXPANDS DIGITAL PAYMENTS THROUGH ACQUISITION OF FINTECH TORANA

Huntington | May 16, 2022

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Huntington National Bank, a subsidiary of Huntington Bancshares, Incorporated (Nasdaq: HBAN) announced today it has acquired Digital Payments Torana, Inc. (Torana), a business-to-consumer payments fintech based in San Francisco. Torana's digital payments solution, which will launch as Huntington ChoicePay, will further enhance Huntington's digital capabilities and advance Huntington's enterprise payments strategy. Torana's payment solution is a software as a servic...

Read More
news image

PAYMENTS

PANA TO DELIVER AN INNOVATIVE DIGITAL BANKING EXPERIENCE TO HISPANIC IN USA

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...

Read More
news image

GOLDMAN SACHS SEES WALL STREET BANKS SUFFERING IN BAD LOAN PROVISIONS

Goldman | July 07, 2020

Goldman Sachs sees Wall Street banks suffering from a surge in bad loan provisions and has outlined a grim estimate for a 69% drop in second-quarter earnings. Analysts at the bank wrote in a 7 July note to clients that they see $32bn in set-asides for bad loans for the largest seven American banks this quarter, an increase from about $26bn in the first three months of the year. A trading bonanza, fuelled by virus-driven volatility, has not been enough to outweigh an economic slump, the dr...

Read More
news image

NCR TO EXPAND ITS DIGITAL FIRST BANKING PLATFORM BY ACQUIRING TERAFINA

NCR Corporation | February 09, 2021

NCR Corporation, today announced that they acquired Terafina, which is a leading and well-known solution provider for account opening, and onboarding. NCR Corporation is a leading and well-known provider of technology and software banks and financial institutions. Terafina enlarges NCR marketing capabilities and sales in its industry foremost platform for Digital First Banking to enterprise income growth across customer and commercial market sections. Mixing the client onboarding ...

Read More
news image

PAYMENTS

HUNTINGTON NATIONAL BANK EXPANDS DIGITAL PAYMENTS THROUGH ACQUISITION OF FINTECH TORANA

Huntington | May 16, 2022

Huntington National Bank, a subsidiary of Huntington Bancshares, Incorporated (Nasdaq: HBAN) announced today it has acquired Digital Payments Torana, Inc. (Torana), a business-to-consumer payments fintech based in San Francisco. Torana's digital payments solution, which will launch as Huntington ChoicePay, will further enhance Huntington's digital capabilities and advance Huntington's enterprise payments strategy. Torana's payment solution is a software as a servic...

Read More