BankInovation

DECEMBER 20, 2023

Santander Bank has successfully moved its corporate investment banking business to the cloud as part of its effort to migrate all of its operations.

Google 66

Google Operations Digital Banking 66

PYMNTS

FEBRUARY 13, 2020

Banco Santander announced that it has hired Trish Burgess, formerly of Apple, to head up its peer-to-peer (P2P) payments department, according to a release. Burgess will work under Chirag Patel, Santander ’s global head of digital payments, and she will become part of the bank’s global payments and digital team.

Apple 225

Apple Payments Customer Experience America 225

Chris Skinner

MARCH 29, 2018

A good example of that big bank thinking I referred to yesterday is Santander, and an incident that I fumed about the other day. I usually make payments to EU companies via my business account, which pays no fees on EU payments as per PSD2 and SEPA principles.

Examples 283

Examples Payments Case Study Company 283

BankInovation

OCTOBER 25, 2023

Banco Santander focused on efficiency and technology in the third quarter with the ongoing implementation of its One Transformation plan.

Retail 64

Retail Operations Technology 64

PYMNTS

JULY 9, 2018

bank Santander is hoping to bridge local small businesses to the Chinese market, and is kicking off a series of networking events that bring entrepreneurs to Shanghai. Reports in Express on Sunday (July 8) said Santander is first taking 15 U.K.-based Head of International John Carroll.

America 100

America Report Marketing Payments 100

PYMNTS

DECEMBER 12, 2018

” He pointed to blockchain company Ripple in particular, which is working with American Express and Santander to test a blockchain-powered, cross-border payments solution. “We did a test, partnering with Santander locally, and with Ripple to just do cross-border transactions,” he said, according to reports.

blockchain 242

blockchain Payments Conference Technology 242

TheGuardian

JANUARY 24, 2023

Stephen Fry, Emma Thompson and Mark Rylance add their voices to Richard Curtis’s Make My Money Matter campaign A raft of famous names including Stephen Fry, Emma Thompson and Mark Rylance have joined activists and businesses in calling on the UK’s big five banks to stop financing new oil, gas and coal expansion.

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137

The Paypers

FEBRUARY 23, 2023

Santander has announced using Salesforce ’s technology to power Santander Navigator, its digital platform designed to help UK businesses expand internationally.

Technology 66

Technology 66

PYMNTS

SEPTEMBER 27, 2019

financial institution Santander digitize its small business, corporate and commercial banking units, according to a press release on Thursday (Sept. Deploying nCino’s Bank Operating System, Santander U.K. is replacing its existing business banking infrastructure that is currently made up of 13 separate systems.

Lending 116

Lending Operations System Regional 116

TheGuardian

DECEMBER 30, 2021

Scheduling issue leads to about 75,000 people and companies being paid a second time in error The high street lender Santander accidentally paid out £130m to thousands of individuals and businesses in a Christmas Day blunder.

Company 95

Company Payments 95

PYMNTS

JUNE 3, 2019

Santander, a Spanish bank, and eBay have teamed up to offer lending services to small businesses, in an attempt to stave off competition from not only larger companies but smaller ones as well, according to a report by the Financial Times. by the end of the year. by the end of the year.

Lending 166

Lending Operations Digital Banking Regulation 166

TheGuardian

JUNE 12, 2023

Move follows decision by HSBC and applies to brokers and online applications as lenders hike fixed rates Santander has become the latest major bank to temporarily pull its mortgage deals for new borrowers from sale, amid a fresh warning that further interest rate hikes may be needed to tackle inflation.

Online 73

Online Groups 73

TheGuardian

DECEMBER 9, 2022

Financial Conduct Authority found ‘serious and persistent gaps’ in bank’s controls Santander UK has been fined more than £100m after an investigation by the British financial watchdog found “serious and persistent gaps” in its money laundering controls, resulting in hundreds of millions of pounds of suspicious transactions through customer accounts.

Management 87

Management Regulation 87

Bank Innovation

MARCH 26, 2018

Spain’s Banco Santander is looking to launch an international money transfer app utilizing Ripple’s distributed ledger technology. The bank is exploring cross-border payments via blockchain, Business Insider reported, citing comments made by the CEO of its UK-based banking unit, Nathan Bostock.

Payments 210

Payments blockchain US Technology 210

The Paypers

DECEMBER 12, 2023

Spain-based Banco Santander has migrated the Corporate & Investment Banking (Santander CIB) business to a new digital banking platform, Gravity.

Digital Banking 41

Digital Banking 41

American Banker

NOVEMBER 3, 2016

Santander Bank is offering commercial customers their own mobile banking app. Businesses owners can use the app to deposit up to $15,000 per day without visiting a branch as well as to transfer funds between work and personal accounts.

Mobile 28

Mobile Regional National Technology 28

PYMNTS

JULY 2, 2019

The Financial Supervisory Authority (FSA) in Norway has fined Santander, a Spanish bank, $1 million for violating Norwegian anti-money laundering (AML) statutes, according to a report by Reuters. Santander went back and checked all of the transactions after the issue was brought to light by the FSA.

Regulation 122

Regulation Video System Report 122

BankInovation

JULY 26, 2023

Banco Santander, Deutsche Bank and Lloyds Bank prioritized efficiency in the first half of the year by leaning into technology. Banco Santander continued to implement its One Transformation plan, a common operating business model, across retail and commercial banking, Chief Executive Hector Grisi said during today’s earnings call.

Retail 52

Retail Operations Technology Data 52

PYMNTS

FEBRUARY 13, 2020

Banco Santander announced that it has hired Trish Burgess, formerly of Apple, to head up its peer-to-peer (P2P) payments department, according to a release. Burgess will work under Chirag Patel, Santander ’s global head of digital payments, and she will become part of the bank’s global payments and digital team.

Apple 150

Apple Payments Customer Experience America 150

TheGuardian

DECEMBER 15, 2021

If a bank involved in initiative decides to close a branch, it will inform ATM network Link Major UK banks have agreed to join forces and share services to help people and businesses to continue to be able to access cash.

ATM 98

ATM Groups 98

CB Insights

MARCH 28, 2023

Founded in 1857, Spain-based Santander is one of Europe’s largest multinational banks, with a market capitalization of around $60B, and a long history in retail, business, and commercial banking. Santander currently has 102M customers and over 14,000 branches worldwide, including the US, Europe, and Latin America.

Strategy 61

Strategy Fintech Capital Customer Experience 61

PYMNTS

MARCH 20, 2020

Companies that traffick in international business sales and other import and export operations should find use with the partnership, the company said in a statement. He added that this was the first time a Portuguese bank had decided to use such services, working with streamlined technology to accelerate their levels of business.

CA 130

CA Payments Lending America 130

Bank Innovation

APRIL 3, 2019

Banco Santander SA pledged to cut €1.2 billion) of annual costs and ramp up investment in digital and its prized Brazilian business as the Spanish lender seeks to revive its moribund share price. billion ($1.4

Groups 150

Groups Operations Capital blockchain 150

Bank Innovation

APRIL 5, 2016

Atlanta-based small business lender Kabbage is snapping up bank deals in Europe. Yesterday, the company announced it had reached an agreement with Santander UK to serve the bank’s SME customers. “Kabbage’s business growth throughout Europe, the Middle East and Africa has been exponential Read More.

Atlanta 150

Atlanta Company Lending Capital 150

BankInovation

JANUARY 27, 2023

Santander Corporate and Investment Banking has launched a business-to-business product via a new buy-now, pay-later solution.

Payments 52

Payments Company 52

TheGuardian

JULY 12, 2023

Banks ‘could weather £125bn hit in economic downturn’ despite rising interest rates Business live – latest updates The UK’s largest banks are strong enough to weather a £125bn financial hit during a severe economic downturn, despite facing mounting stress from rising interest rates, the Bank of England said. Continue reading.

Lending 60

Lending Groups 60

PYMNTS

JULY 6, 2018

Financial institution Santander is looking to “future-proof” its corporate payments services through adopting technology from Intellect Global Transaction Banking ( iGTB ), the firms announced Thursday (July 5). Businesses can monitor incoming and outgoing payments and gain access to operational controls, the firms explained.

Payments 108

Payments America Operations Management 108

TheGuardian

MAY 10, 2021

Santander says it will not lend to the self-employed if they received government help in the past three months Coronavirus – latest updates See all our coronavirus coverage I desperately need some help after Santander declined our remortgage application. I have never earned more than I do now and business is booming.

Payments 87

Payments Lending Company 87

PYMNTS

OCTOBER 21, 2019

Spanish lender Santander is planning to launch an online deposit platform in the U.S., The bank is planning to roll out a “national deposit gathering platform” in 2020 to reel in more attractive rates for its consumer business, Scott Powell, chief executive officer (CEO) of Santander in the U.S., In September, Santander lost $1.8

Metro 101

Metro US Online National 101

PYMNTS

NOVEMBER 4, 2019

Spanish bank Banco Santander is acquiring just over 50 percent of the U.K. The acquisition is scheduled to close in the first quarter of next year and is intended to help boost Santander ’s global payments business. . Ebury operates in 19 countries and will expand in Latin America and Asia with Santander’s investment. “It

Fintech 102

Fintech Capital America Payments 102

Chris Skinner

DECEMBER 14, 2017

Things we’re reading today include … NatWest bank spat prompts web security changes Deutsche Bank sells chunk of Polish business to Santander Britain’s indebted credit card customers could save up to £1.3bn under new rules Tech groups jostle for advantage in Indonesian digital payments The top grossing Christmas films of … The (..)

Groups 179

Groups Security Cards Payments 179

PYMNTS

NOVEMBER 17, 2017

American Express is the latest financial company to become a member of RippleNet, the blockchain network operated by Ripple that provides real-time, business-to-business (B2B) global payments. According to Ripple, American Express FX International Payments will partner with Santander U.K. for the first time. Given the U.S.

Innovation 182

Innovation Payments blockchain US 182

PYMNTS

OCTOBER 19, 2018

Citi , HSBC and Banco Santander are among seven major global banks that are banding together to form a cross-border trade finance network, Reuters reported Thursday (Oct. Collaboration can address the fragmentation between businesses, suppliers and lenders.

Groups 191

Groups blockchain Fraud Analysis 191

BankInovation

APRIL 26, 2023

Santander Bank tapped earned wage access fintech DailyPay to offer its commercial banking clients an on-demand payment method.

Fintech 52

Fintech Payments 52

PYMNTS

SEPTEMBER 30, 2019

While challengers such as Metro Bank , Santander and Monzo were expected to put a stop to the dominance of the big four, they are instead failing to thrive, according to the Financial Times. Last week, Santander lost 1.5 As a result, Santander had to legally transfer 25 billion euros ($27.2 Challenger banks in the U.K.

Metro 181

Metro Regulation Report Management 181

PYMNTS

MAY 1, 2020

It’s understandably an anxious time for Main Street businesses , even as downtowns prepare to reopen. But what about the entrepreneurs who are still hanging onto their dreams of starting a retail business? They know they can’t start a business by investing ahead of revenue. And what is that model?

Community 148

Community Massachusetts Boston social media 148

PYMNTS

SEPTEMBER 24, 2020

Santander Pilots SWIFT gpi. Also embracing SWIFT gpi is Santander U.K. Reports this week said the bank is testing the real-time payments service for its corporate customers, with plans to roll out SWIFT gpi universal payments confirmation for its business clients later this year. In a statement, Santander U.K.

Payments 187

Payments blockchain Fintech Innovation 187