Banco Santander - News, Articles & Research

Company announcement/people

Dean Nash departs from Wise to join PagoNxt as chief legal counsel

Today, PagoNxt, Banco Santander’s payments fintech, announces the appointment of Dean Nash as its new Chief Legal Officer and General Counsel.

13 January 2022

News/retail

Santander accidentally sends customers £130m

According to The Telegraph, Santander is attempting to claw back from its competitors a sum of £130 million, which was erroneously sent to 75,000 accounts on Christmas day, as the result of a payments duplication.

30 December 2021

News/payments

Fnality preps go live with pledge to slash intraday liquidity costs

Backed by some of the world's largest banks, blockchain for payments consortium Fnality says it expects to reduce banks' intraday liquidity requirements by 70% when it goes live next year.

15 December 2021

Company announcement/startups

Santander's Smart Fund invests EUR7m in fonYou

Fintech innovator fonYou today announces that it has secured €7 Million in growth funding from Banco Santander’s Smart Fund, in a financing deal that will support fonYou’s future technology development and market expansion as it rolls out its innovative fintech solutions across key regions – including Latin America and Europe, the Middle East and Africa.

09 December 2021

Company announcement/payments

Santander to allow customers to set contactless limit

Santander UK has announced that customers with either a Mastercard debit or credit card will now be able to set a lower limit for contactless transactions, ranging from £5 to £95.

06 December 2021

Company announcement/startups

Santander Germany chooses Ebury to support its SME customers

Ebury and Santander Germany are delighted to announce a new partnership to offer businesses in Germany a complete international finance solution to simplify international trade. By joining forces in Germany, clients will benefit from their combined services allowing them to trade with anyone from anywhere. The partnership has already been successfully trialled by a number of clients.

10 November 2021

Company announcement/inclusion

Santander invites startups and scale-ups to apply for financial inclusion challenge

Financial inclusion is crucial to reducing inequality and creating opportunity. That’s why Banco Santander (through Santander Universities) and Oxentia Foundation are launching Santander X Global Challenge | Finance For All for startups and scaleups to come up with innovative, scalable solutions that open up banking products and services to everyone.

27 October 2021

Company announcement

Santander Consumer Finance debuts online financial education platform in Spain

Santander Consumer Finance, Banco Santander’s specialised consumer finance unit with a presence in 16 European countries, Canada and China, has created ‘Simplifi’, an initiative that was conceived with the aim of contributing to the promotion of financial education in Spain and which will reinforce Banco Santander’s digital leadership and its firm commitment to the financial empowerment of people.

25 October 2021

Company announcement/retail

Santander to offer 400 MIT scholarships for emerging technologies

Banco Santander (through Santander Universities) and MIT Professional Education are offering 400 “Santander Tech | Emerging Technologies Program by MIT Professional Education” scholarships geared at courses related to in-demand technologies such as blockchain, AI, and cybersecurity in a job market dominated by digitalization and upskilling.

13 October 2021

News/Sibos

Sibos 2021: Digital identity for an interoperable and accessible future

Diving straight in to substantive content on day one of Sibos 2021, Brad Carr, managing director of digital finance at the Institute of International Finance led discussion during the morning panel ‘Digital Identity – Balancing between convenience and trust.’

11 October 2021

News/sustainable

Santander cards go green in Spain

Santander has begun rolling out its sustainable payment cards made with recycled material in Spain.

08 October 2021

Company announcement/payments

Santander spins off merchant payment business Getnet Brazil

Santander announced today that its leading merchant payment business, Getnet Brazil, is expected to begin trading on the B3 stock exchange in Sao Paulo on October 18, then on the Nasdaq stock exchange in New York on October 22 on a “regular way” basis.

07 October 2021