Fintech Finance Presents: The Fintech Show 4.02 – Payments, They Are Changing
Oct15

Fintech Finance Presents: The Fintech Show 4.02 – Payments, They Are Changing

In today’s episode of The Fintech Show we are going to be looking at how the very nature of payments has changed over the last decade. With the digital economy moving at instant speed the way we buy and sell products is having to change: from subscriptions to pay later schemes there are a few players taking advantage of this revolution. But can we do more? To find out we talk to Ciran Chu, ACI Worldwide’s head of public cloud...

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Exclusive: ‘Cracking or coping? How COVID reset AI’ – David Bailey, Santander and Andy Renshaw, Feedzai in “The Fintech Magazine”
Sep28

Exclusive: ‘Cracking or coping? How COVID reset AI’ – David Bailey, Santander and Andy Renshaw, Feedzai in “The Fintech Magazine”

AI has had to run fast to catch up with dramatically different patterns of behaviour during the pandemic. David Bailey, Santander’s Head of Payments Strategy, and Andy Renshaw, VP for Banking Solutions at anti-fraud software firm Feedzai, consider the short-term and long-term consequences of changes in the way we spend. Artificial intelligence (AI) software spots bank account fraud by identifying behaviour changes. A sudden interest...

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Santander UK wins multiple industry awards for innovation in digital banking with nCino
Sep17

Santander UK wins multiple industry awards for innovation in digital banking with nCino

 nCino, Inc., a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that Santander UK has garnered multiple industry awards in recognition of its digitisation efforts in partnership with nCino. With the nCino Bank Operating System, Santander UK has been able to provide its SME, corporate and commercial banking clients with a faster and more transparent onboarding...

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Santander spins out its fintech venture capital arm while doubling allocated funds to $400 m
Sep11

Santander spins out its fintech venture capital arm while doubling allocated funds to $400 m

Banco Santander has today announced the launch of Mouro Capital, a new, autonomously managed venture capital fund focused on fintechs and adjacent businesses linked with the financial services industry. Mouro Capital succeeds Santander Innoventures and will have $400 million in allocated funds after the bank doubled its current commitment. Mouro Capital will manage the existing portfolio of Santander Innoventures, which was...

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The Fintech Magazine Issue 17
Sep01

The Fintech Magazine Issue 17

In this of The Fintech Magazine, From a messenger bank for Gen Zers to a challenger inspired by hip-hop, our look at neobanks of the world in this issue is a refreshing, upbeat change from the news of the past few months. There’s an urgency and optimism about these newbies – some spun out of more traditional institutions, others born out of pure, entrepreneurial genius, that haven’t been blown off course by the pandemic, and some that...

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Santander Partners with Ripple to Bring Certainty and Speed to International Payments
Jul24

Santander Partners with Ripple to Bring Certainty and Speed to International Payments

As well as being one of the biggest banks in the world, Banco Santander also has a reputation as one of the finance industry’s most innovative organisations. Since the launch of its innovation fund, InnoVentures, in 2014, Santander has invested heavily in a range of digital technologies. But every innovation must directly benefit the bank’s millions of customers, like One Pay FX—the transformative cross-border payments service created...

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The future of British banks
Jul22

The future of British banks

New research by fintech company Deposit Solutions suggests that the country’s largest retail banking brands’ ascendency in the savings account market could be under threat. According to Deposit Solutions’ analysis, a fifth (20%) of British consumers are considering switching savings account provider in the next 12 months. The findings have been published today in Deposit Solutions’ latest report – ‘The Future of Big British Banks: The...

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Major Eurozone banks start the implementation phase of a new unified payment scheme and solution, the European Payments Initiative (EPI)
Jul03

Major Eurozone banks start the implementation phase of a new unified payment scheme and solution, the European Payments Initiative (EPI)

A group of 16 major European banks from five countries (Belgium, France, Germany, the Netherlands and Spain) paved the way for the future launch of the European Payments Initiative (EPI).  The ambition of EPI is to create a unified pan-European payment solution leveraging Instant Payments/SEPA Instant Credit Transfer (SCT Inst), offering a card for consumers and merchants across Europe, a digital wallet and P2P payments. The solution...

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FF Virtual Arena: Friction CX and Fraud
Jul02

FF Virtual Arena: Friction CX and Fraud

Today’s Virtual Arena is with Santander UK and Feedzai, discussing the BIG topics of payments, fraud and AI. With corona locking everyone down, you do not want to miss this. Live onsite and on Linkedin at...

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Santander Consumer launches Wabi, a car subscription service
Jul02

Santander Consumer launches Wabi, a car subscription service

Santander Consumer has launched Wabi, a novel car subscription service that allows users to reserve a vehicle for personal use via app or online. Subscriptions last a minimum of 30 days and can be renewed every month under no contractual obligation.  Santander Consumer is providing drivers with the benefits of car ownership without needing to purchase a vehicle. The Wabi subscription service offers comprehensive insurance with...

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The Fintech Fix: It’s Over 3000!
Jun19

The Fintech Fix: It’s Over 3000!

Check out this week’s episode of The Fintech Fix where Doug Mackenzie hears about Santander’s great digital transformation plans and the massive changes hitting e-commerce.

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Klare, a revolutionary digital insurance broker in Chile partners with Amsterdam-based insurtech Digital Insurance Group
May12

Klare, a revolutionary digital insurance broker in Chile partners with Amsterdam-based insurtech Digital Insurance Group

The Amsterdam-based Insurtech Digital Insurance Group (DIG) celebrates the launch of Klare, a Chilean digital broker that aims to drastically innovate the insurance market which has been relying on traditional models for decades. DIG worked with Klare, supported by Santander, one of the world’s leading banks, to develop the digital platform the company is working with, based on its award-winning acceleration platform and core...

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Santander awards solutions for restaurants, farmers and travel in the EUvsVirus hackaton
May11

Santander awards solutions for restaurants, farmers and travel in the EUvsVirus hackaton

Innovators and problem-solvers from around the world put their creativity to the test, working to hack the covid-19 pandemic for three days in the EUvsVirus pan-European hackathon, which was hosted by the European Commission and EU member states with sponsorship from companies including Banco Santander. The EUvsVirus hackathon generated 2,160 pioneering solutions aimed at fighting the challenges resulting from the coronavirus...

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Santander strengthens its international trade operations for SMEs with the completion of the investment in Ebury
Apr29

Santander strengthens its international trade operations for SMEs with the completion of the investment in Ebury

Banco Santander announced today the completion of its purchase of a c.50.1% stake in Ebury, one of the best international payment, FX and international cash management platforms for SMEs, after obtaining all regulatory approvals from the required authorities. This transaction was announced in November 2019 and is part of the bank’s digital strategy, providing SMEs with the necessary tools for their international expansion...

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The Fintech Fix: Google owns your money now?!
Apr24

The Fintech Fix: Google owns your money now?!

Join Fintech Finance’s Doug Mackenzie for the latest episode of The Fintech Fix. The best weekly news round up on the web! This week we hear about Google’s Debit Cards, SIBOS 2020 and how will humble multinational bank- Banco Santander fair against the giant fintech unicorn,...

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Santander launches money transfer app in UK to fend off competition from fintechs
Apr16

Santander launches money transfer app in UK to fend off competition from fintechs

Santander on Thursday launched a money service app in the United Kingdom that will initially be free of fees for transfers of up to 3,000 pounds ($3,740) due to the coronavirus pandemic as lenders try to fend off competition from start-ups in the payments industry. Santander said its completely owned PagoFX, a low-cost international money transfer service, would be available via a mobile app and allow UK residents with a debit card...

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Moneybox app announces Open Banking merger with Santander
Mar30

Moneybox app announces Open Banking merger with Santander

Moneybox app has become the first third-party player to launch an Open Banking integration with Santander. Santander joins a small but growing number of traditional banks that have opened up its API to third parties. The partnership between Moneybox and Santander will support customers in saving and budgeting their spare change on a daily basis. Customers of Santander can now connect their accounts and save their spare change much...

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Moneybox app announces Open Banking merger with Santander
May11

Moneybox app announces Open Banking merger with Santander

Moneybox app has become the first third-party player to launch an Open Banking integration with Santander. Santander joins a small but growing number of traditional banks that have opened up its API to third parties. The partnership between Moneybox and Santander will support customers in saving and budgeting their spare change on a daily basis. Customers of Santander can now connect their accounts and save their spare change much...

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Santander InnoVentures invests in Roostify
Feb16

Santander InnoVentures invests in Roostify

Santander InnoVentures announced an investment in San Francisco based startup Roostify, specialized in the digitalization of the process of obtaining a mortgage, enabling it to be done even via smartphone. Founded in 2014, Roostify built their enterprise platform with the aim of improving speed, eliminate paper, as well as simplify the process and reduce costs. Manuel Silva, head of Investments at Santander InnoVentures, said: “We...

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Santander Corporate and Commercial appoints EQ Global
Jan18

Santander Corporate and Commercial appoints EQ Global

Santander Corporate and Commercial (Santander) has appointed EQ Global, the leading cross-border payments provider, to strengthen the bank’s international payments offering for UK-based SME clients. Santander offers a wide range of personal and commercial financial products and services, serving more than 14 million active customers through its branch network and regional corporate business centres across the UK. In a move to further...

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Santander Bank Shows Customers That Respect Adds Up
Jan09

Santander Bank Shows Customers That Respect Adds Up

Launch of New Digital Banking Features Highlights a Year Full of Customer Experience Enhancements Santander Bank is bringing respect back to banking. With the introduction of new features and upgrades to its digital banking platform at the end of 2017, the Bank topped off a year dedicated to showing customers how respect adds up. And, beginning this week with the launch of a new marketing campaign, including TV, radio, digital and...

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The Tall Group Extends Partnership with Santander with new Scanner Contract
Nov10

The Tall Group Extends Partnership with Santander with new Scanner Contract

The TALL Group of Companies has been awarded a significant contract for the provision of state-of-the-art cheque image scanners across Santander’s network of UK branches. This new agreement, which addresses the digitisation of cheque payments, further strengthens the long-standing relationship between the two organisations. Under the terms of the deal, The TALL Group will supply approximately 1,800 scanners for deployment across the...

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Openbank, the Digital Bank of Santander Group, selects Temenos Core Banking
Oct12

Openbank, the Digital Bank of Santander Group, selects Temenos Core Banking

Powering the most digitally advanced, open banking experience Temenos can confirm that Openbank, the digital bank of Santander Group, has selected Temenos Core Banking to be implemented as Openbank’s new core banking solution for retail and SME banking across its global operations. Temenos’ Core Banking solution is an integrated, upgradeable and scalable package built on an open banking architecture. Banks are able to utilise robust...

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Xero and Santander Announce Next-gen Small Business Banking Service
Sep14

Xero and Santander Announce Next-gen Small Business Banking Service

New collaboration will allow Santander Business Banking customers to seamlessly link their accounts with Xero Xero and Santander announce an integrated service for SMEs. The service will provide a secure and simple solution for customers that delivers their financial data directly from their bank account into Xero free of charge. Launching in the coming weeks, small business owners will receive the benefit of their accounting software...

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PayJoy Closes $6M Investment Round led by Santander and ITOCHU
Sep11

PayJoy Closes $6M Investment Round led by Santander and ITOCHU

PayJoy has closed $6M of new investment with strategic partners who will help PayJoy phone financing further expand internationally throughout Latin America, Asia, and Africa.  The investment was led by Santander InnoVentures, the fintech venture capital fund of Santander Group, and ITOCHU Corporation, one of the largest Japanese general trading companies in Asia.  Other strategic partners joined from Brazil, Nigeria, Mexico, China,...

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