Iran reportedly used two of Great Britain’s largest banks to get around sanctions. Santander UK and Lloyds provided accounts to front companies owned by sanctioned Iranian petrochemical companies, the Financial Times reported Sunday (Feb. 4), citing documents seen by the paper’s journalists. According to the report, the state-run Petrochemical...
Santander UK has warned that macroeconomic challenges in the United Kingdom could impact credit quality. In its 2022 results announced on Thursday (Feb. 2), Santander UK revealed that it put aside 321 million pounds last year to cover potential defaults, compared with 233 million pounds...
Santander UK has expanded its partnership with enterprise technology provider NCR, a move that illustrates the trend of banks using ATMs to bridge the physical and digital banking gap. Santander has chosen NCR’s ATM-as-a-service offering to “transform, connect and run its self-service network of more...
Noting that it can be risky to invest in cryptocurrency, British bank Santander UK has announced that it will begin limiting the amounts its customers can send to cryptocurrency exchanges. The restrictions will begin Nov. 15 and will be applied to payments that the bank...
February 13, 2024
In this era of connectivity, where virtual encounters often precede physical ones, online relationships have become a breeding ground for exploitation, with fraudsters capitalizing on the vulnerabilities of hopeful hearts for financial gain. This darker side of romance manifests in the rising tide of online romance scams, also known as confidence scams. In these schemes, […]
February 04, 2024
Iran reportedly used two of Great Britain’s largest banks to get around sanctions. Santander UK and Lloyds provided accounts to front companies owned by sanctioned Iranian petrochemical companies, the Financial Times reported Sunday (Feb. 4), citing documents seen by the paper’s journalists. According to the report, the state-run Petrochemical Commercial Company (PCC) was part of a network accused by […]
February 02, 2023
Santander UK has warned that macroeconomic challenges in the United Kingdom could impact credit quality. In its 2022 results announced on Thursday (Feb. 2), Santander UK revealed that it put...
November 21, 2022
Santander UK has expanded its partnership with enterprise technology provider NCR, a move that illustrates the trend of banks using ATMs to bridge the physical and digital banking gap. Santander...
November 03, 2022
Noting that it can be risky to invest in cryptocurrency, British bank Santander UK has announced that it will begin limiting the amounts its customers can send to cryptocurrency exchanges. ...
