Payments Case Study: Implementing a Market-Leading Global Payments Platform

The partnership between Santander and iGTB has created a global payments platform that did not exist in the market previously.

Boston, September 8, 2021Financial institutions are under increasing pressure to provide corporate clients with both local and global payment functionality. But for financial institutions that have a footprint in multiple geographies, meeting these demands is difficult due to local regulations, payment networks, and culture. To solve for these concerns, Santander Bank, supported by Intellect, has successfully launched a market-leading global payments platform.

This case study analyzes how Santander implemented a global payments platform through a development partnership with Intellect, putting Santander in a leading position to compete, and even surpass, the payment capabilities of the largest global banks. This case study is based on Aite-Novarica Group interviews with Santander and iGTB executives. It also draws from the analyst’s in-depth knowledge of the market.

Clients of Aite-Novarica Group’s Commercial Banking & Payments service can download this 13-page Impact Brief. To learn more about the topic covered in this Impact Brief, please contact us at [email protected].

This report mentions Intellect Design Arena and Santander.

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