Santander

Santander Bank, N. A., formerly Sovereign Bank, is a wholly owned subsidiary of Spanish Santander Group. It is based in Boston and its principal market is the northeastern United States.

Source: santanderbank.com

LendingClub Picks Santander as Auto Refinancing Partner
LendingClub Picks Santander as Auto Refinancing Partner
September 12, 2023  |  News

LendingClub has tapped Santander Consumer as the primary loan servicer for its auto refinance portfolio.  The partnership, announced Tuesday (Sept. 12), involves LendingClub Bank’s direct auto refinance program...

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Self-Serve Finance Marketplace Helps Buyers Find Cars They Can Actually Afford
Self-Serve Finance Marketplace Helps Buyers Find Cars They Can Actually Afford
January 18, 2023  |  Partnerships

AutoFi and Santander Consumer USA plan to launch a finance-based auto shopping marketplace this spring. The online, direct-to-consumer (D2C) marketplace will use a soft credit...

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Digitization Speeds Approvals, Closes Gaps in EU Trade Finance Sector
Digitization Speeds Approvals, Closes Gaps in EU Trade Finance Sector
January 12, 2023  |  B2B Payments

Digital technologies are driving innovation in trade finance, enabling faster decision-making and more streamlined processes. In the past, trade finance was bogged down by lengthy...

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Santander, Allianz Trade and Two Debut BNPL for Large Businesses
Santander, Allianz Trade and Two Debut BNPL for Large Businesses
January 09, 2023  |  Buy Now Pay Later

Santander, Allianz Trade and eCommerce platform Two have launched a new buy now, pay later (BNPL) solution for large businesses. The BNPL product is aimed...

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UK Mortgage Lenders Agree on Measures to Help Struggling Borrowers
UK Mortgage Lenders Agree on Measures to Help Struggling Borrowers
December 28, 2022  |  Loans

The U.K.’s largest mortgage lenders have agreed on measures to help struggling borrowers. The new measures follow a meeting between the chancellor, Jeremy Hunt, and...

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Major Banks Incorporate New UK Company to Promote Shared Hubs
Major Banks Incorporate New UK Company to Promote Shared Hubs
December 19, 2022  |  Banking

The U.K.’s major banks have joined forces to protect consumers’ access to cash. A new nonprofit company called Cash Access UK has been set up...

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European Banks Pay for Anti-Money Laundering Failures
European Banks Pay for Anti-Money Laundering Failures
December 15, 2022  |  AML

A string of fines is shining a light on anti-money laundering failures at European banks. First, the U.K.’s Financial Conduct Authority (FCA) slapped Gatehouse Bank...

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Santander Hit With $132M Fine for AML Failures
Santander Hit With $132M Fine for AML Failures
December 09, 2022  |  AML

The FCA has fined Santander over 107.7 million pounds ($132.2 million) for AML failures. In announcing the penalty, the Financial Conduct Authority (FCA) said Santander...

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Santander UK Turns ATM Operations Over to NCR
Santander UK Turns ATM Operations Over to NCR
November 21, 2022  |  Banking

Santander UK has expanded its partnership with enterprise technology provider NCR, a move that illustrates the trend of banks using ATMs to bridge the physical...

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