Santander and Mastercard run Europe’s first AI-executed payment pilot

Santander and Mastercard have launched Europe's first AI-executed payment pilot, enabling an AI to complete a transaction without human intervention. This groundbreaking test was conducted within Santander's live banking network, marking a significant milestone in agentic payments.

This pilot is crucial as it integrates AI into tightly regulated payment systems, ensuring compliance and security. With 33% of enterprise software expected to adopt agentic AI by 2028, this could revolutionize how transactions are processed in the future.