Openbank news and trends

Santander Positions New Digital Platform as First Step in US Expansion
Banking // October 21, 2024

Santander’s digital banking platform, Openbank, is now officially live in the United States. According to a Monday (Oct. 21) press release, the launch marks a significant expansion of Santander’s U.S. consumer banking operations beyond the Northeast, enabling the bank to serve customers nationwide. Openbank features...

Virtual Banks Forge Ahead in Defining Banking’s Digital Future
Digital Banking // April 10, 2024

The banking landscape is undergoing a digital transformation, as traditional financial institutions (FIs) race to keep pace with evolving consumer preferences and technological advancements.  Santander’s recent announcement of plans to launch its digital bank, Openbank, in the United States and Mexico in the second half of 2024 underscores...

Santander to Launch Openbank Digital Bank in US, Mexico
Digital-First Banking // April 09, 2024

Santander will launch its digital bank, Openbank, in the United States and Mexico in the second half of 2024. Currently, Openbank serves 2 million customers in four European countries — Spain, Portugal, Germany and the Netherlands — and has 18 billion euros (about $19.5 billion) in deposits,...

Santander Mexico to Launch Digital Bank Service This Year
Banking // January 24, 2024

Santander Mexico, a subsidiary of global banking giant Santander, is preparing to launch its digital bank service. Matias Nunez, the head of digital and innovation at Santander Mexico, said the service, Openbank, will launch this year, Reuters reported Tuesday (Jan. 23). Openbank received its license...

Quick Reads
Santander Says Its US Digital Bank Will Become Full Service

October 24, 2024
Three days after Santander launched its digital bank in the United States, offering high-yield savings accounts, Executive Chair Ana Botin reportedly said the bank will have a full-service digital bank in the country by the end of 2025. Santander’s digital bank, Openbank, is Europe’s largest digital bank in terms of deposits, Reuters reported Thursday. Santander […]

Santander Positions New Digital Platform as First Step in US Expansion

October 21, 2024
Santander’s digital banking platform, Openbank, is now officially live in the United States. According to a Monday (Oct. 21) press release, the launch marks a significant expansion of Santander’s U.S....

Santander to Launch Openbank Digital Bank in US, Mexico

April 09, 2024
Santander will launch its digital bank, Openbank, in the United States and Mexico in the second half of 2024. Currently, Openbank serves 2 million customers in four European countries — Spain, Portugal,...

Santander Mexico to Launch Digital Bank Service This Year

January 24, 2024
Santander Mexico, a subsidiary of global banking giant Santander, is preparing to launch its digital bank service. Matias Nunez, the head of digital and innovation at Santander Mexico, said the...