Tag: digital banking

July 01, 2024 BY Robert Bell

Major Banks Suffer Online Banking Outages

The outage occurred on a date commonly used as a payday for many British workers. Many turned to social media sites like X to complain that they couldn’t access their bank accounts or make transactions on any device. For some customers, this was the second time in two months they’ve been left locked out of…

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Santander bank
March 04, 2024 BY Simon Mugo

Santander Fires 320 Employees in the US on Digital Strategy

The reduction accounts for about 2.4% of its overall U.S. workforce, totalling 13,489 employees across the bank's group operations in the country. The decision to streamline its workforce comes as part of Santander's broader initiative to adapt and innovate in response to the dynamic demands of the banking industry, particularly the shift towards digital banking…

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February 01, 2022 BY Steffy Bogdanova

Paysafe finalises acquisition of SafetyPay

With its acquisition, Paysafe gains further access in the fast-growing Latin American eCommerce market, where merchants and consumers have growing interest in using use eCash solutions to transact online. With SafetyPay’s network of bank relationships in Latin America, Paysafe is positioned to take part in the open banking market through integrating further its services and…

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