Santander’s Botin bets on tech revamp starting with US consumer banking

LONDON, June 12 (Reuters) – Spain’s Santander (SAN.MC), opens new tab plans to make the United States the launch pad for a revamped platform serving consumer customers that it will roll out globally, Ana Botin, Executive Chair of the euro zone’s biggest bank by market value told Reuters.

Santander, which relies on 10 key markets for the bulk of its business, wants to use its third-biggest market by revenue, the U.S., to build its own technology platform for consumer banking, including digital-only banking and consumer finance.

Source: REUTER