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Contract Type
partnership
Description
Santander announced a partnership with Verizon to expand its U.S. operations by tapping into the telecom major's vast customer base. This partnership will allow millions of Verizon customers to access high yield savings accounts with Santander's digital bank platform Openbank.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months