Challenge, approach, and impact

Santander Portugal has achieved a significant milestone by transforming the account opening process for sole proprietorships and individual entrepreneurs. As the innovative second player to provide this service, they are at the forefront of simplifying access and enhancing convenience for businesses. Behind the scenes, a sophisticated engine diligently validates risk, cross-references blacklists, and assesses business eligibility with utmost security. This advanced automation empowers the bank to swiftly onboard new clients or seamlessly update information, ensuring a rapid and fortified process that aligns seamlessly with modern business needs.