Articles with tag: santander

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Santander, Ripple to boost international payments

27 Jul 2020 | Payments General

Banco Santander has teamed up with Ripple to develop a cross-border payments service called One Pay FX.

euro zone, Ripple, Banco Santander, cross-border payments, One Pay FX, InnoVentures, digital technology

Scalable Capital raises EUR 50 mln

23 Jul 2020 | Online & Mobile Banking

Germany-based startup Scalable Capital has closed a round of EUR 50 million to further expand its business. 

Scalable Capital, Germany, startup, BlackRock, HV Holtzbrinck Ventures, Tengelmann Ventures, B2B, B2C, banks, robo advisor, Barclays, Gerd Kommer Capital, Raiffeisen Banking Group Austria, Raisin, ING Deutchland, Siemen Private Finance, Openbank, digital bank, digital, Santander, Targobank, Crédit Mutuel, Oskar, Baader Bank, Prime Broker

Mastercard leads the payments industry forward to a more sustainable future

22 Jul 2020 | Cards

Mastercard has worked with global industry players to develop a sustainable card programme for all card issuers globally.  

Mastercard, sustainable card programme, card issuers, Crédit Agricole, Mauritius Commercial Bank, Santander, Doconomy, RE100, SBTi, SMEs

Spain-based banks pilot blockchain-based digital payments

17 Jul 2020 | Payments General

Spain-based companies Banco Santander, Banco Sabadell, BBVA, and CaixaBank have finalized a proof-of-concept (PoC) test for digital payments via blockchain-based smart contracts.

Banco Santander, Banco Sabadell, BBVA, CaixaBank, Spain, Iberpay, PoC, blockchain, digital payments, smat contracts, DLT, Spanish Payment System, SNCE, red-I, dlt based payments

Santander add 6 regions for its One Pay FX app

10 Jul 2020 | Mobile Payments

Spain-based bank Santander has added 6 available regions for its One Pay FX international payments app built in collaboration with Ripple

Santander, partnership, Ripple, Spain, banks, One Pay FX, payments, app, blockchain, UK, Poland, Brazil, US, Chile

Major Eurozone banks start the implementation phase of the European Payments Initiative

02 Jul 2020 | Online Payments

Today, a group of 16 major European banks from five countries (Belgium, France, Germany, the Netherlands and Spain) have paved the way for the future launch of the European Payments Initiative (EPI). 

European Payments Initiative, EPI, payments, banks, digital payments, BBVA, BNP Paribas, Groupe BPCE, CaixaBank, Commerzbank, Crédit Agricole, Crédit Mutuel, Deutsche Bank, Deutcher Sparkassen- und Giroverband, DZ BANK Group, ING, KBC Group, La Banque Postale, Banco Santander, Société Générale, UniCredit

PSR's Confirmation of Payee goes live

02 Jul 2020 | Online Payments

Six UK-based banking groups, covering around 90% of bank transfers, have fully implemented the Payments Systems Regulator’ Confirmation of Payee with effect from 30 June 2020.

UK, United Kingdom, PSR, Payments Systems Regulator, Confirmation of Payee, CoP, bank transfers, banking groups, Lloyds, Bank of Scotland, Halifax, Royal Bank of Scotland, NatWest, Ulster Bank, HSBC, First Direct, Barclays, Santander, Nationwide, payments, TSB, Authorised Push Payment, APP scams

BCR extends the deadline for The Incentivised Switching Scheme

25 Jun 2020 | E-invoicing, SCF & E-procurement

Banking Competition Remedies (BCR) has extended the deadline on its EUR 249 million scheme to switch business current accounts away from RBS subsidiary Williams & Glyn. 

BCR, SME, Banking Competition Remedies, RBS, Williams & Glyn, Incentivised Switching Scheme, ISS, banks, Starling Bank, Metro Bank, Santander

US-based Upgrade secures USD 40 mln funding with help from Santander

18 Jun 2020 | Payments General

Alternative lender Upgrade has raised a USD 40 mln Series D funding round from investors including Santander InnoVentures.

Upgrade, Santander, Santander InnoVentures, US, funding, extended credit, alternative lender, non-bank, loans, credit cards, Union Square Ventures, Ribbit, Vy Capital, Silicon Valley Bank, Ventura Capital, Uncorrelated Ventures, financial crisis

Ripple to release On-Demand Liquidity in Brazil

15 Jun 2020 | Cryptocurrencies

US-based crypto company Ripple has announced plans to launch its On-Demand Liquidity service in Brazil, as reported by a company representative during an interview.

Ripple, On-Demand Liquidity, Brazil, ODL, crypto, cross-border payments, Latin America, Santander, Bradesco, Banco Rendimento, blockchain, RippleNet, payments, XRP token, fiat currencies, cross-border transactions

OBIE launches online app store amid COVID-19

09 Jun 2020 | Online & Mobile Banking

The Open Banking Implementation Entity (OBIE) has announced the launch of an online app store to assist customers with finding open banking-enabled financial products. 

OBIE, CMA, open banking, COVID-19, Allied Irish Bank, Bank of Ireland, Barclays, Danske, HSBC, Lloyds Banking Group, Nationwide, RBS Group, Santander, app store, financial products, budgeting, accountancy & tax, payments, borrowing, debt advice, financial safeguarding, The Power of Network, Ecosystem Infographic, TPP Events

IBM becomes shareholder of European blockchain initiative we.trade

25 May 2020 | E-invoicing, SCF & E-procurement

IBM has become a shareholder in we.trade, a trade finance platform jointly owned by 12 European banks.

IBM, we.trade, supply chain finance, blockchain, banks, CaixaBank, Deutsche Bank, Erste Group, HSBC, KBC, Nordea, Rabobank, Santander, Société Générale, UBS, UniCredit

Ripple joins ISO 20022 standards body

07 May 2020 | Payments General

Cross-border payments network Ripple has become part of the ISO 20022 standards body, becoming one of its first members focused on distributed ledger technology (DLT). 

Ripple, XRP, ISO 20022, distributed ledger technology, DLT, RippleNet, API, global payments network, MUFG, SCB, Santander, SWIFT MT, cross border payments, payment messaging standard

UnionPay works closely with multiple acquirers to boost online payments

04 May 2020 | Online Payments

UnionPay International has responded to the global fight against COVID-19 by working with its partners to increase consumer access to key online services. 

UnionPay, Covid-19, Stripe, Santander, Nexi, acquirers

Santander completes its investment in Ebury

30 Apr 2020 | Payments General

Banco Santander has announced the completion of its purchase of a c.50.1% stake in Ebury after obtaining all regulatory approvals from the required authorities.

Ebury, Santander, investment, SME, banking, trade finance, platform, global trade, payments

Barlcays opens CLBILS to help large corporate clients impacted by COVID-19

22 Apr 2020 | E-invoicing, SCF & E-procurement

Barclays has opened the Coronavirus Large Business Interruption Loan Scheme (CBILS) to help large corporate banking clients that are impacted by the COVID-19 pandemic.

Barclays, CLBILS, COVID-19, coronavirus, UK, CBILS, banking, loans, working capital, liquidity, supply chains, FX, Clydesdale Bank, Danske Bank, HSBC, Lloyds Bank, Santander

Wells Fargo, Santander take actions at branch operations, waive fees

24 Mar 2020 | Online Payments

US banks have started to adjust bank hours, waiving fees and offering payment extensions to help customers impacted by the coronavirus pandemic. 

Wells Fargo, Santander, branch operations, fees, mortgage, withdrawal, credit, banks

Banco Santander to acquire trade finance automation provider Mercury TFS

16 Mar 2020 | E-invoicing, SCF & E-procurement

Spain-based Banco Santander has acquired a majority stake in Mercury TFS, a company offering automation software for corporate trade finance transaction management.

Banco Santander, Santander, Mercury TFS, Mercury Trade Finance Solution, mergers and acquisitions, M&A, acquisition, trade finance, trade finance management, internal process management, Spain, Europe

Santander Group buys Elavon Mexico

25 Feb 2020 | Online Payments

Santander Group has signed a deal to buy Elavon Mexico, a merchant acquirer, for USD 86 million from U.S. Bancorp.

Santander Group, Elavon Mexico, merchants, payments

Santander Argentina selects FacePhi's biometrics solution

14 Feb 2020 | Digital Identity, Security & Online Fraud

Santander Argentina has selected FacePhi’s digital onboarding solution, SelphID, which specialises in developing biometric authentication solutions.

Santander Argentina, FacePhi, biometrics, digital onboarding, authentication, banks, accounts, account opening, security