Spanish bank Banco Santander has launched a new app, One Pay FX, which it based on blockchain technology. The bank becomes the first international bank to utilize the technology for online payment transfers. Santander has operations in 10 countries across North America, South America and Europe. It has more than 14,000 branches and 100 million customers. The One Pay FX app is the result of the bank’s 2015 investment in Ripple, the US fintech start-up.
