How the New World of Invisible Banking Supports Decarbonization

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08/07/2023 - 04:30 PM EDT

NORTHAMPTON, MA / ACCESSWIRE / August 7, 2023 / SAP

Originally published by Forbes

Santander CIB has partnered with SAP to expand the digitization of their global transaction banking services. Through the alliance, Santander has become the first bank in the European Union to join SAP Multi-Bank Connectivity, a service connecting banks and financial institutions to corporations across the globe. The partnership prioritizes connectivity and new digital solutions to accelerate client-to-bank services. It provides invisible banking solutions by embedding Santander services within a company's Enterprise Resource Planning (ERP) system.

"SAP is the most widely used ERP among corporate clients, and it is the perfect partner to co-create distinctive solutions and make invisible banking tangible," said Calderón.

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