Santander has launched a new money transfer business to take on the likes of TransferWise; PagoFX was created after Santander...
The lending partnership with allow small and medium sized businesses who sell products eBay to access capital; it is made...
Santander’s partnership with MasterCard will make them the first UK big five bank to issue a debit card with MasterCard;...
Mambu is reportedly powering the technology behind the platform which aims to better serve SMEs; the project is part four...
In an interesting use case Santander has become the first company in the world to use blockchain to make it...
Santander will acquire a controlling interest of 50.1% in Spanish trade finance software house Mercury TFS with a €30 million...
Saving Stream and Lendy have merged and will now combine operations under the Lendy platform; the platform will focus on property development lending and plans to triple its loan issuance in 2017; Paul Riddell, head of marketing and communications at Lendy had the following comments regarding the merger, "Unifying our lender and borrower brands together under one banner – and on a single online platform – is a step that allows us to streamline our process and make our offering simpler for the entire market." Source
German-based savings marketplace Raisin has received over EUR4 billion (USD $4.7 bn) in investments on its platform in less than four years; founded in 2013 it was the first investment marketplace of its kind in Europe and now has two times the total investment assets of its closest competitor; partnering with 34 banks across 17 European countries it helps customers find the highest retail deposit market rates. Source
Denmark based Saxo Bank announced a partnership with Microsoft to host the bank’s entire technology stack on the Microsoft Azure cloud; the bank said the partnership will allow them to ensure scalability, flexibility and security in the digital infrastructure; Kim Fournais, the bank’s founder and CEO, tells Banking Technology “Saxo Bank was a fintech long before the term was created, and it is a natural step for us to also pioneer cloud-based solutions in financial services.” Source.
Sber and its subsidiary SberCloud, a cloud service provider, have presented Russia’s all-new high-performance supercomputer, Christofari Neo.