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Santander takes on fintech with blockchain payments service

Santander takes on fintech with blockchain payments service

Santander has become the first international bank to launch a cross-border payments system based on blockchain, using the new technology with a view to taking on specialist fintechs such as TransferWise. The bank's executive chairman Ana Botín...

FT News in Focus · Financial Times

April 18, 20186m 55s

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Show Notes

Santander has become the first international bank to launch a cross-border payments system based on blockchain, using the new technology with a view to taking on specialist fintechs such as TransferWise. The bank's executive chairman Ana Botín spoke to the FT about the new service, which is being offered initially to customers in Spain, the UK, Brazil and Poland.

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