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Santander’s International Payments App Wins Global Award
Santander UK have won the Payments and Wallets Award and the Silver Medal for the Most Disruptive Innovation Award at the Efma Global Distribution & Marketing Innovation Awards for financial services. Both awards recognise our pioneering use of blockchain technology to enable faster and simpler international payments. The technology is being tested by staff in a pilot, and is currently only available to Go Smart users. It was created through active collaboration across teams in Technology & Operations, Isban, Innovation, Retail and Risk.
Efma (European Financial Markets Association) is an association of over 3,000 retail financial services companies from around the world. For the awards, we beat stiff competition from 200 financial institutions who submitted over 460 innovation entries.
About the international payments app
At the moment, international transfers can take several days and customers can never be sure how much money will arrive in an overseas account. By using blockchain technology by Ripple, a Santander Innoventures supported firm, we were able to successfully deliver next-day payments and provide certainty of the transfer value.
We will then take learnings from the pilot to consider how we can improve international payment services.
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CLS Appoints Six New Board Directors
CLS, a financial market infrastructure group delivering settlement, processing and data solutions, today announces the appointment of six new members to its Board of Directors at the CLS Annual General Meeting held on 9 June 2026.
Mobey Forum Calls for a Collaborative Approach to Fraud Prevention in Rethinking Fraud in a Connected World
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SumUp, the global financial technology company, today announced its official launch in Canada. The milestone makes Canada SumUp's 38th market and its latest step in building out its presence across the Americas, as the company continues its mission to make commerce simpler and more accessible for all businesses worldwide.
European Fintech Association Elects New Board of Directors
The European FinTech Association (EFA) today announced the election of its new Board of Directors, bringing together senior leaders from across Europe's fintech ecosystem to guide the Association's work over the coming term.
G+D: Navigating the Future of Fintech Agility and Innovation
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Connect IFA Strengthens Leadership Team to Drive Growth and Enhance Adviser Support
Connect IFA Ltd is pleased to announce key leadership appointments designed to strengthen its commitment to growth and enhance the support it provides to advisers and network members.
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