June 30, 2024
Finance

Santander and Amazon Plan Consumer Finance Partnership in EU

Banco Santander and Amazon are reportedly close to reaching a deal in which the bank would provide financing options for Amazon shoppers across the Europe Union (EU). The negotiations between the companies are at an advanced stage, Bloomberg reported Friday (June 21), citing unnamed sources. Reached by PYMNTS, Santander declined to comment on the report. Amazon did

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Finance

Small Businesses Emerge as Candidates for Embedded Lending

Lenders across major global economies offer embedded lending. However, data suggests that the typical lender that serves consumers or small- to medium-sized businesses (SMBs) has not fully embraced the potential of embedded lending. For example, nearly half of lenders serving SMBs have not entered this space. Roughly 1 in 5 lenders show high interest in

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