Banco Santander has consolidated all of its digital services into a single unit, Santander Global Platform, as it bids to reap EUR1 billion from efficiency gains in IT and operations and through shared services across regions.
Banco Santander is to launch its 'Work Café' concept in the UK, billed as a community hub offering state-of-the-art banking facilities, free co-working spaces and freshly-brewed artisan coffee.
Berlin-based fintech start-up bonify today announced new investments from Experian Ventures, the venture capital arm of Experian plc, and Santander InnoVentures. A number of other investors also participated in the investment round.
Santander has the most intuitive savings account and ranks fastest for account opening time when compared with nine other leading UK banks, according to Worship’s inaugural Savings Account Audit.
Yolt, the smart thinking money app, today announced it has extended its payment test phase to UK customers who bank with Nationwide, Santander and Barclays.
Santander has kicked off an experiment with Telefonica to explore potential use cases for superfast 5G networks in banking.
Some of the world's biggest financial services firms - including Barclays, Nasdaq and UBS - have pumped £50 million into a new venture building a Utility Settlement Coin (USC), an asset-backed digital cash instrument implemented on distributed ledger technology.
EBay has teamed up with Santander-backed fintech app Asto to offer cash flow loans to the online marketplace's small business customers in the UK.
Santander has today announced it is backing MK:U, the UK’s first university focused on digital skills, providing £30 million of funding to help establish the university and further strengthen Milton Keynes’ position as Europe’s leading Smart City.
Banco Santander plans to cut 3700 jobs and close 1150 branches in Spain as part of a cost-cutting programme that will also see tech spending ramped up.
© Finextra Research 2019