Santander’s AI Push Saves Billions

Banco Santander is aggressively deploying AI to slash global costs by over half a billion euros while boosting revenue and efficiency, aiming for over a billion euros in combined savings and revenue gains by 2028. Already seeing early wins—35 million euros in just three months—the bank is rolling out AI tools to all 185,000 employees, with nearly 40,000 actively using them. This isn’t just experimentation; it’s a full-scale transformation to streamline operations, enhance customer service, and manage risk—all while competing with other banks turning to AI to cut costs without confirming any job losses. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/cacea68fa5ad9fab