1 week Ago By Georgia
Santander Bank, N.A . (“Santander” or “the Bank”) announced today that is has expanded its suite of digital cash management solutions to enhance the commercial client experience while reducing its overall cost to serve.
With an increased focus on mobile banking and investments in treasury products, the Bank will continue to expand its offerings in 2025. Changes will focus on automation and reducing manual tasks while also improving processing speed and security that will make banking with Santander simpler and more convenient. “Over the past year, we transformed our U.
S. Commercial Bank offerings to provide best-in-class holistic banking solutions and experiences for clients. This has enabled us to be on the forefront of helping our clients utilize digital solutions.
From our investments in technology, to enhancements to existing digital platforms and the rollout of new digital capabilities, we’re unlocking even more ways to help our clients meet their business needs with a focus on convenience and efficiency.” said Michael Lee, Senior Executive Vice President and Managing Director of Commercial Banking at Santander Bank. The Bank expanded its suite of digital cash management solutions with the following new products and services in 2024: The new offerings join the existing set of Santander Commercial Bank solutions: Since launching Treasury Fusion in 2022, the Bank has made ongoing investments to its current suite of digital payment and receivable solutions.
Treasury Fusion allows clients to have their Santander account information flow directly to their internal resource planning software systems. This eliminates the multiple-step process of logging into an online banking portal and manually transferring account data. Treasury Fusion also streamlines clients’ day-to-day account reconciliation, including frequent updates of balances and transaction activity so they can focus on running their business.
In 2025, the Bank plans to continue investing in future capabilities with Mobile Check Deposit, which will enable clients to conveniently deposit checks either on a desktop scanner or “on the go” via a mobile device. “At Santander, our clients are at the center of everything we do. The pace of business is faster than ever, and clients need their banking partner to serve as a trusted advisor while delivering a convenient and secure banking experience,” added Lee .
“Our global and local expertise combined with our continued investment in digital capabilities in turn enables our clients to spend more time investing in the success of their business.”.
