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

UK Banks Hold Internal Investigations Into Business Loan Practices
UK Banks Hold Internal Investigations Into Business Loan Practices
May 18, 2020  |  B2B Payments

After a financial watchdog raised the issue, banks in Britain are looking into whether they pressed businesses into giving them more work in exchange for...

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Santander Seals $453M Deal For UK-Based FinTech Ebury
Santander Seals $453M Deal For UK-Based FinTech Ebury
April 29, 2020  |  Partnerships / Acquisitions

Banco Santander has officially acquired a 50.1 percent stake in Ebury, a payments platform that has been growing at a brisk pace, for $453 million...

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Santander FinTech PagoFX To Compete With TransferWise
Santander FinTech PagoFX To Compete With TransferWise
April 16, 2020  |  Banking

Madrid-based Santander, the world’s 16th-largest bank, is set to roll out PagoFX, a new FinTech spinout intended to compete with cross-border money transfer service provider...

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Santander Expands One Pay FX To Mexico
Santander Expands One Pay FX To Mexico
March 30, 2020  |  Cross-border Payments

Spanish bank and investment institution Santander has expanded its One Pay FX international payments system to include Mexico, according to a report by Cointelegraph. The...

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Ebury Powers Global Payments For Crédito Agrícola Corporates
Ebury Powers Global Payments For Crédito Agrícola Corporates
March 20, 2020  |  B2B Payments

U.K. payments platform Ebury and Portuguese bank Crédito Agrícola (CA) have forged a partnership to allow the bank to work with more customers online and...

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Top News In Payments: Wells Fargo Appoints COO; Visa Names New Partners To Help FinTechs
Top News In Payments: Wells Fargo Appoints COO; Visa Names New Partners To Help FinTechs
December 03, 2019  |  News

In today’s top payments news, Wells Fargo has selected former Santander head executive Scott Powell to be its new chief operating officer. Also, Visa is working with four global...

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Wells Taps Former Santander Chief For COO Role
Wells Taps Former Santander Chief For COO Role
December 02, 2019  |  Personnel

Wells Fargo has hired former Santander head executive, Scott Powell, as its new chief operating officer, according to a release on Monday (Dec. 2). Powell will...

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HSBC, Santander To Reimburse Overdraft Fees After Failing To Alert Customers
HSBC, Santander To Reimburse Overdraft Fees After Failing To Alert Customers
December 02, 2019  |  Banking

HSBC and Santander UK will refund the overdraft fees of more than 115,000 customers. The Competition and Markets Authority (CMA) reported that both banks failed...

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Santander Takes Big Stake In UK FinTech
Santander Takes Big Stake In UK FinTech
November 04, 2019  |  Partnerships / Acquisitions

Spanish bank Banco Santander is acquiring just over 50 percent of the U.K. payments platform Ebury for £350 million ($453 million), Ebury announced in a...

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