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Banking Uses AI to Push Down Consulting Fees

Summary by Merca2.es
The Spanish bank activates an unprecedented pressure on the big consulting companies to transfer to their rates the productivity gains they obtain thanks to artificial intelligence. Santander, BBVA and CaixaBank lead a movement that puts in check the traditional invoicing model by hours and that anticipates a deep readjustment in the professional services industry. Keys to the operation The big banks want to share the savings of the AI. They dem…
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The Spanish bank activates an unprecedented pressure on the big consulting companies to transfer to their rates the productivity gains they obtain thanks to artificial intelligence. Santander, BBVA and CaixaBank lead a movement that puts in check the traditional invoicing model by hours and that anticipates a deep readjustment in the professional services industry. Keys to the operation The big banks want to share the savings of the AI. They dem…

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Merca2.es broke the news on Thursday, June 18, 2026.
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