Santander’s digital transformation and targeted deployment of artificial intelligence helped it achieve record profits in the first half, the bank said in a Wednesday (July 22) earnings release. The bank’s underlying profit rose 15% to reach a record 7.3 billion euros (about $8.3 billion) in...
Santander is extending artificial intelligence (AI) tools to all its employees as it works toward its goal of generating over 1 billion euros (about $1.15 billion) in business value from the technology between 2026 and 2028. The bank already had 40,000 employees using AI tools and, as...
Visa and Santander have launched an agentic commerce partnership in Latin America. The companies announced Thursday (March 12) that they had completed a series of pilot agentic commerce transactions in five markets — Argentina, Brazil, Chile, Mexico and Uruguay — powered by Visa Intelligent Commerce (VIC) solution. The pilot marks...
Mastercard and Santander completed Europe’s first live end-to-end payment using an artificial intelligence agent, according to a Monday (March 2) news release. The transaction marks the first agentic payment conducted within a regulated banking framework. It also represents “a significant milestone in the application of...
March 31, 2025
The mobile phone’s increasing penetration into global markets is helping blur the lines between telecom and financial services, where digital banks, and especially neobanks, are moving into communications and mobile payments, and telcos, in turn, are branching more fully into finance. At the end of 2022, PYMNTS Intelligence profiled a trend wherein partnerships with FinTechs […]
January 12, 2023
Digital technologies are driving innovation in trade finance, enabling faster decision-making and more streamlined processes. In the past, trade finance was bogged down by lengthy risk assessment and underwriting processes,...
August 23, 2022
As European economies seek shelter from inflation, governments across the continent are turning to windfall taxes — aimed at an industry that is perceived to have profited from a sudden...
July 18, 2022
If there was ever a time traditional banks have felt the intense pressure to abandon legacy infrastructure and embrace digital innovation, it has been in the wake of the pandemic,...
August 05, 2026
Santander says the Federal Reserve has approved its acquisition of Webster Bank. The $12 billion deal for the Connecticut-based Webster is now expected to close Aug. 20, Santander said in a news release late Tuesday (Aug. 4). “Santander U.S. and Webster are a perfect match. Together, supported by Santander’s global platforms, technology and expertise, we […]
July 22, 2026
Santander’s digital transformation and targeted deployment of artificial intelligence helped it achieve record profits in the first half, the bank said in a Wednesday (July 22) earnings release. The bank’s...
June 21, 2026
Santander is extending artificial intelligence (AI) tools to all its employees as it works toward its goal of generating over 1 billion euros (about $1.15 billion) in business value from...
March 12, 2026
Visa and Santander have launched an agentic commerce partnership in Latin America. The companies announced Thursday (March 12) that they had completed a series of pilot agentic commerce transactions in five markets — Argentina, Brazil,...
