US Edition
Santander announces big change with millions of customers set to benefit
- This week, Santander announced a partnership with Worldpay to provide secure and scalable payment solutions to its UK business customers.
- The partnership follows a background of lenders adjusting mortgage rates amid an uncertain market, with Barclays and HSBC raising rates on June 11 while NatWest cut theirs.
- Santander has become the first Spanish bank to enable Bizum instant transfers across European borders, allowing customers to send money instantly to individuals in Italy, Portugal, and Andorra via linked mobile payment systems.
- Barclays increased fixed mortgage rates by an average of 0.2 percent on June 11, while experts warned that sub-four percent mortgage deals are rapidly disappearing due to funding costs and cautious lender behavior.
- These developments suggest growing digital payment integration in Europe and ongoing mortgage market volatility, affecting consumer decisions and financial services across multiple countries.
23 Articles
23 Articles
Spanish banks to allow Bizum instant payments to other European countries
Several Spanish banks are preparing to offer instant and free Bizum mobile phone payments to users who want to send money to people in Italy, Portugal and Andorra, and the first bank to do so is Santander.
Dorset Echo
Santander announces big change with millions of customers set to benefit
Santander has announced a shake-up for banking and corporate customers - and millions could benefit.
Banco Santander presents its new mobile app to offer the 5 million customers a "simple, accessible and secure" banking experience.The entity reports 5 bald changes in its application, related to the summaries and the performance of some daily transactions.The changes were due to the fact that 80% of Santander's customers operate digitally and more than 1.2 million people enter the app every day.Key week for the most liquid action on the market: …
Santander has informed its customers that this Saturday will interrupt at night some services in Spain such as the operation through digital banking, payments with Bizum and the use of ATMs (except to withdraw cash). Read
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