Banco Santander (SAN) Takes a New Step Toward AI-Powered Commerce

Banco Santander, S.A. (NYSE:SAN) is one of the 10 Cheap Jim Cramer Stocks to Invest In Right Now.

Banco Santander (SAN) Takes a New Step Toward AI-Powered Commerce

On June 9, 2026, Getnet, Banco Santander, S.A.’s global merchant payments platform, launched a secure infrastructure enabling businesses to automate the acceptance and processing of payments initiated by AI agents. The solution is built on open and interoperable standards. It features identification and authentication mechanisms to remove complex integrations. In Mexico and Latin America, Getnet partnered with Mastercard and Mexican fintech Neivor to successfully process a real-world transaction via Mastercard Agent Pay. The company also has plans to expand compatibility to Visa Intelligent Commerce. Juan Franco, CEO of Getnet, stated:

Our goal is to provide the infrastructure that enables merchants, platforms and AI agents to operate securely, interoperably and at scale, making it easier to adopt new AI-powered shopping experiences.

In a separate event, on June 3, 2026, Banco Santander, S.A. and the Abu Dhabi-based tech group G42 signed a Memorandum of Understanding to co-develop artificial intelligence initiatives. The framework utilizes G42’s AI infrastructure and Banco Santander, S.A.’s expertise in regulatory frameworks to build banking intelligence layers along with AI-enabled customer advisory solutions.

Along with a reference to its acquisition of Webster Financial Corporation, Banco Santander, S.A. has also received Jim Cramer’s support on its Buy rating in the Mad Money Lightning Round:

Not only do I like the acquisition, but I thought it was so good that I actually wrote the chairman Ana Botín, saying that is some franchise because I owned it when I was a hedge fund manager 20 years ago. Buy Banco Santander.

Banco Santander, S.A., founded in 1857, is a premier global banking giant. Headquartered in Spain, the company is one of the world’s largest financial institutions, maintaining a dominant retail and commercial banking presence across Europe and the Americas.

READ NEXT: 10 Safest Dividend Stocks to Buy Right Now and Chase Coleman’s Tiger Global Portfolio: 10 Best Stocks to Buy

Follow Insider Monkey on Google News.