Identity verification has long been a cost center for banks, but IDPartner wants to flip the script. It’s building a network that would let businesses prompt customers to identify themselves by logging in with their bank IDs. Banks invest huge sums in building safe, accurate know-your-customer (KYC) verification systems – and they should be able to […]
Tag: Santander
Santander is the latest bank to link up with earned wage access firm DailyPay, as on-demand payments become a “must-have” benefit for workers. Santander just announced a collaboration with fintech DailyPay to let its business clients in the US pay out their workers as soon as they finish a shift. DailyPay’s tech connects with clients’ […]
Financial firms crave the many benefits of moving to the cloud, but it’s a difficult, slow, and expensive process. Google Cloud and Santander are betting that big institutions will buy battle-tested software that makes the transition easier. Nine in 10 financial institutions are working on their digital transformation, but the process of migrating applications to […]
By creating a true destination for mortgage customers, Santander UK wants to set itself apart from competitors (and win incremental business). Santander wants to help its mortgage customers manage all aspects of their home, from finding a handyman to picking an internet provider. While most banks provide mortgage dashboards that include equity summaries, neighborhood trends, […]