Post Tagged with: "Santander"

Blockchain Groups Gain Momentum in Cross-Border Payments

Blockchain Groups Gain Momentum in Cross-Border Payments

by June 22, 2016 at 11:56 am 2 comments

Real-time international payments are not far over the horizon anymore. San Francisco-based Ripple announced that seven global banks have joined its network to improve their cross-border payments experience. Among the banks are Santander, UniCredit, UBS, ReiseBank, CIBC, National Bank of Abu Dhabi (NBAD), and ATB Financial. All of the banks tested transferring moneyRead More

Santander UK Pilots App Powered by Ripple

Santander UK Pilots App Powered by Ripple

by May 26, 2016 at 12:58 pm 1 comment

Real-time international payments are becoming ever-so real. Banco Santander’s UK unit partnered with San Francisco-based settlement system Ripple to launch a pilot app to enable fast international transfers, the bank announced today. The app, currently being tested among 6,000 of Santander’s staffers, allows for next-day international transfers between the UK and 21Read More

SigFig Deal Shows Banks Love Robo-Advisors

SigFig Deal Shows Banks Love Robo-Advisors

by May 24, 2016 at 6:56 pm 3 comments

More and more companies are jumping on the robo-advising bandwagon. Santander InnoVentures, the fintech venture arm of Santander Group, together with nine other major FIs and investors, today announced its investment in robo-adviser SigFig. SigFig netted $40 million overall from Comerica, Eaton Vance, New York Life, UBS and venture capitalRead More

5 Best New Financial Apps 2016

5 Best New Financial Apps 2016

by May 9, 2016 at 7:24 am 3 comments

We can all agree Credit Karma, Chase Mobile, Bank of America, Wells Fargo, and PayPal aren’t leaving the Top Ten on App Annie anytime soon. But ratings and rankings aren’t everything — there’s also the cool factor. How easy is the app to use? Does it makes us feel good (evenRead More

Banks Still Don’t Trust Bitcoins

Banks Still Don’t Trust Bitcoins

by May 6, 2016 at 12:31 pm 3 comments

“Blockchain — good, bitcoin — bad” has been quite a theme in financial circles recently. While many recognize bitcoin’s cost- and time-cutting benefits, big FIs in particular still seem unlikely to trust this new currency. When banks look into improving their payment rails, using bitcoin is not on top of the agenda,Read More

Kabbage Scores Another European Bank with Santander UK Deal

Kabbage Scores Another European Bank with Santander UK Deal

by April 5, 2016 at 12:19 pm 2 comments

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. This follows a similar deal with ING in Spain last October. “Kabbage’s business growth throughout Europe, the Middle East and Africa has been exponentialRead More

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Nuance Wins Key Deal to Provide Voice System to Santander

by March 22, 2016 at 2:41 pm 0 comments

Nuance, a banking technology vendor, will be providing Santander UK with voice banking technologies, the companies announced today. The deal marks a big score for Nuance’s Nina artificial intelligence voice recognition system. There are other voice recognition systems out there: Fiserv’s Voice Response for DNA, ebankIT, Interactions, and Finantix, for example.Read More

Cambridge Blockchain Wins Santander/Onevest Distributed Ledger Challenge

Cambridge Blockchain Wins Santander/Onevest Distributed Ledger Challenge

by January 28, 2016 at 12:42 pm 1 comment

Many banks are interested in using distributed ledger technology, but Santander has taken matters a step further by hosting a competition among blockchain startups. The event took place in New York yesterday at an Amazon Web Services popup loft in SoHo. Distributed ledgers are not identical to blockchains, it should beRead More

What Santander’s Belinky Is Looking for in Fintech Startups Right Now [VIDEO]

by November 12, 2015 at 11:13 am 0 comments

TEL AVIV — Mariano Belinky is arguably the Most Famous Man in Fintech Today. And not just because of his Spanish accent. No, it’s because Business Insider made a big deal last week about how Belinky has reviewed 820 fintech startup pitches this year for the bank’s $100 million VCRead More

Lending Club Gets Dissed

Lending Club Gets Dissed

by October 30, 2015 at 3:37 pm 0 comments

Why did Santander Consumer USA decide yesterday to ditch its agreement to buy loans from Lending Club? This is an important question because the conventional wisdom is that peer-to-peer credits, well, rock. First, the details. Back in July 2013, Santander, mainly an auto finance company, made a deal with LendingRead More