US banking

2 articles tagged "US banking"

Santander Doubles Down on U.S. Digital Banking Despite Industry Skepticism

Santander has launched its digital banking platform Openbank in the U.S. with plans to develop it into a full-service digital bank by 2025, despite industry skepticism about international banks succeeding in America. Executive Chair Ana Botin announced the aggressive timeline while defending the bank's U.S. strategy, positioning the platform as more than just high-yield savings accounts but as a tool to fund auto loans and strengthen broader operations.

25 Oct 2024

Fintech

Santander Plans Full-Service Digital Bank Launch in U.S. by 2025

Spanish lender Santander will unveil a comprehensive digital bank in the U.S. by the end of 2025. Ana Botin, the chair, confirmed this strategy during a conference in Washington.

24 Oct 2024