Banco Santander and Iberpay have processed the first international instant transfers based on the European Payments Council’s One-Leg Out Instant Credit Transfer (OCT Inst) scheme. These transfers were initiated and completed in different currency areas Tuesday (May 14), the companies said in a Thursday (May 16) press release. The OCT Inst scheme allows payment...
Santander, Spain’s largest bank, is set to expand its corporate banking presence in the United States. Speaking Thursday (Nov. 9) at the Reuters NEXT conference in New York, Banco Santander Executive Chair Ana Botin said the bank’s strategy will focus on renewable finance, auto lending and wealth...
Today in B2B payments, Nigeria’s Duplo, Germany’s topi and India’s Soptle announce their receipt of new funding to support the growth of their B2B platforms. Plus, TradeLens delivers the first electronic bill of lading transaction in Europe, while Freshly adds a B2B arm to deliver...
In today’s top news in digital-first banking, Transcard is rolling out an account-to-account (A2A) offering, while Banco Santander has closed a deal for Wirecard’s technology infrastructure. Plus, Revolut announced the debut of open banking for German users. Transcard Unveils New Account-To-Account Payments Solution Transcard, the payments...
June 21, 2024
Banco Santander and Amazon are reportedly close to reaching a deal in which the bank would provide financing options for Amazon shoppers across the Europe Union (EU). The negotiations between the companies are at an advanced stage, Bloomberg reported Friday (June 21), citing unnamed sources. Reached by PYMNTS, both Amazon and Santander declined to comment on the […]
May 17, 2024
Banco Santander and Iberpay have processed the first international instant transfers based on the European Payments Council’s One-Leg Out Instant Credit Transfer (OCT Inst) scheme. These transfers were initiated and completed in different currency areas Tuesday (May 14), the...
November 09, 2023
Santander, Spain’s largest bank, is set to expand its corporate banking presence in the United States. Speaking Thursday (Nov. 9) at the Reuters NEXT conference in New York, Banco Santander Executive...
September 11, 2020
Banco Santander is spinning off its FinTech venture capital fund into a new entity called Mouro Capital and is doubling its investment in the operation to $400 million, the Spanish...
