Ibos Cross-Border Banking System Goes Global With U.S. Partner

TECHNOLOGY

Banco Santander of Spain and the Royal Bank of Scotland (RBS) now have global ambitions for Ibos, their real-time European cross-border banking system, with the admission of a Dallas-based information technology services company EDS and investment bankers Goldman Sachs as equity partners.

Currently four banks with more than 2,600 locations in the U.K., Spain, France and Portugal are linked through Ibos which was founded in 1991 - the Portuguese and French partners being Banco de Comércio e

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