National Investment Banking Competition & Co

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...

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...

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 ...

PAYMENTS

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...