Santander reportedly in discussions to purchase Abrdn’s private equity unit
A deal could be made in the next few months with the unit valued at around £250m, Sky News reports.
A deal could be made in the next few months with the unit valued at around £250m, Sky News reports.
Featuring practical business banking case studies from Metro Bank, Santander, and Lombard.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The bank is expecting to invest up to €300m in the strategic partnership.
Dual Run is built on top of the technology developed in-house by Santander.
The increase in shared banking hubs comes as retail banks continue to pull out of the country’s high streets.
The two firms will collaborate to develop “invisible banking” solutions that improve client-to-bank connectivity.
He will replace José Antonio Álvarez as group CEO next year, following a transition period.
Santander Bank N.A. has appointed Pierre Habis as the new chief consumer and digital transformation officer.
Santander expects to fully complete the transition within the next two to three years.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Fnality, Nivaura and Adhara teamed up with NatWest and Santander for the proof-of-concept pilot.
Already live in Germany, Santander now plans to roll out the service in the Netherlands and Spain.
The partnership plans to offer a solution that streamlines cross-border trade.
Santander’s Ana Botín also calls for further banking integration across the bloc.
PagoNxt plans to bolster the development of its payments service Getnet.
Santander Global Connect will roll out in phases through the year.
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Santander is “very well placed against large European banks”, says the bank’s global CTO.
Isle of Man and Jersey users switching over to Temenos platform.
Roll-out of Prosper has already started in Denmark.
The bank says all 840 affected staff will be offered new roles.
Spanish multinational to deploy Planixs’ Realti system.
“Vaccination is the most important economic policy for 2021,” says Botín.
Kapoor joins after three years at the major international bank.
Lloyds and Santander also fell behind NatWest, Nationwide, Metro Bank, and Virgin Money.
“The pandemic will only entrench the digital players,” says Botín.
The deal means the bank can expand its payment solution across Europe, says Santander’s CEO.
Clikalia’s IPO ambitions were likely a big part of Santander’s decision to invest now.
Santander claims its UK app has 4 million monthly active users at present.
The bank has doubled its investment into its VC arm.
The merger is expected to complete in Q2 2021.
Experts from Banco Santander, Foxit Software and Xendoo discuss digitising paperwork during the coronavirus crisis.
A new FinTech Futures report examining the role of core banking in the industry today.
The Mi Vuelta COVID-19 track and trace app allows employees to report any symptoms.
The appointment is expected to be approved later this week.
The bank joins a roster of more than 200 lenders.
The San Francisco-based challenger has landed a $40 million Series D.
Eight currencies from the Middle East and Central and Eastern Europe (CEE) have been added.
“They will be at the heart of our transformation,” says bank.