# Santander and Nvidia Build AI Banking Tools

> Santander partners with Nvidia to cut AI banking costs by 99% using specialized models.
- Title: Santander and Nvidia Build AI Banking Tools · Pymnts
- Summary: Santander partners with Nvidia to cut AI banking costs by 99% using specialized models. Santander and Nvidia deploy smaller AI models for banking tasks…
- Keywords: santander, nvidia, ai banking, model arena, neom customizer, cost reduction, business, finance, Build, Banking, Tools, Pymnts
- Source: Pymnts — https://pymnts.com/news/banking/2026/santander-turns-to-nvidia-to-build-new-ai-banking-capabilities
- Author: PYMNTS
- Published: 2026-10-19T05:00:47+00:00
- Read time: 1 min
- Topics: santander, nvidia, ai banking, model arena, neom customizer, cost reduction, business, finance
## Santander and Nvidia Partner
Santander teams with Nvidia to create AI model evaluation tools for banking tasks.
## Cost Reduction Achieved
Serving costs dropped from €5 per interaction to €0.03 while maintaining strong performance.
## Model Arena Deployment
Santander uses Model Arena to test open-weight models against banking tasks.
## Specialized Models for Banking
Santander shifts from large models to smaller, specialized banking models.
## Next Steps with Nvidia
Santander and Nvidia will expand AI work on fraud, anti-money laundering, and real-time banking decisions.
## Key takeaway

Santander and Nvidia deploy smaller AI models for banking tasks, reducing costs from €5 to €0.03 per interaction while maintaining performance.