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March 25, 2025

On the wires

Santander UK Wins Bid To Throw Out Lawsuit Over Push Payment Fraud

Reuters

"The UK arm of Spain's Banco Santander won its bid to throw out a lawsuit that had alleged lenders have a duty to try and retrieve funds stolen by customers that turn out to be fraudsters. Santander UK was sued at London's High Court in 2022 by teacher training provider CCP Graduate School, which paid around 415,000 pounds (around $537,000) from its Natwest account into a Santander account operated by fraudsters."

October 22, 2024

On the web

Santander Launches Openbank in the US, Expanding Its Consumer Banking Business Nationwide

Santander

"Today, Santander is launching Openbank in the United States, enabling the group to serve individual consumers nationwide for the first time, expanding beyond its established branch network in the Northeast. Through the Openbank brand, Santander will offer U.S. customers a competitive high yield savings product, as well as an intuitive, secure, and seamless customer experience."

February 13, 2024

On the wires

Mitsubishi Motors Launches Industry-First Digital Retailing Program, Connects Prequalified Shoppers To Dealer In-Store Capabilities For A Transparent And Faster Car Buying Experience

PR Newswire

Mitsubishi Motors North America, Inc., has partnered with AutoFi Inc. and Santander Consumer USA to launch ClickShop 2.0, an industry-first digital solution. ClickShop 2.0 connects the car-buying journey from Mitsubishi Motors' Tier-1, and its dealer partner's Tier-3, websites directly to the Mitsubishi dealer showrooms, delivering an unparalleled and seamless shopping experience.

January 24, 2024

On the web

June 28, 2023

On the web

Santander Backs Lightning Network, Says It Can Surpass Visa

CryptoTvplus

Spain’s largest bank, Santander, has thrown its weight behind the Lightning Network, saying that the Bitcoin payment protocol has the capability of processing 1 million transactions per second. According to Santander, this will surpass the capacity of traditional payment systems such as Visa, which processes 24,000 transactions per second.

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