Santander
Banco Santander is one of the oldest banks on the planet. It was founded in 1857.
The Santander Group is a Spanish banking group centered on Banco Santander, S.A. and is the largest bank in the eurozone by market value. It is one of the largest banks in the world in terms of market capitalization. As its name suggests, the company originated in Santander, Cantabria, Spain.
The group has expanded since 2000 through a number of acquisitions, with operations across Europe, Latin America, North America and Asia. Many subsidiaries, such as Abbey National, have been rebranded under the Santander name.
The company is a component of the Euro Stoxx 50 stock market index. In April 2013, Santander was ranked as 43rd in the Forbes Global 2000 list of the world’s largest companies.
American Express will integrate Ripple’s xCurrent solution allowing its cardholders to perform instant cross-border transactions and settlements.
The service will be powered by the Ripple’s xCurrent distributed ledger technology which facilitates same day global payments.
Santander will soon be launching a mobile app in Q1 2018 for instant payments powered with Ripple’s xCurrent technology.
The cooperation is expected to contribute significantly to the overall development of Ethereum.
R3 CEV is starting fundraising with most of consortium participants expressing their interest in investing.
A number of the world’s leading banks have partnered to form Global Payments Steering Group, the first interbank group for payments based on the blockchain technology.
The banks are planning to develop a new digital cash to serve as a standard for financial trades settlement.
The San Francisco-based financial technology startup has announced partnerships with seven new banks to provide its blockchain platform for overseas payments.
Everledger, a London-based startup using the technology behind bitcoin to solve fraud issues, is the first blockchain firm to win a ‘Meffy’.
Ripple has got several millions of investment from Santander and came up with a new protocol designed to increase transactions efficiency.
