A host of CEOs and chairpersons from some of Spain’s leading companies gathered at the BBVA headquarters in Madrid to attend an event organized by the bank and global business research association The Conference Board. During his welcoming speech, BBVA Group Executive Chairman Francisco González said the transformation that is rippling across the banking industry will go far beyond "doing the same things in different ways," and will require "doing new things that we couldn't even have imagined with the previous technological infrastructure.”
Current
Current
BBVA Research USA economists revised upward their estimate of the economic impact of Harvey, putting it at up to $111 billion, which would make it the second most costly natural disaster in recent U.S. history after Hurricane Katrina.
Online and mobile banking continues to grow. It currently represents the main channel to engage with financial institutions for two-thirds of U.S. citizens, according to the American Bankers Associaton. In fact, four out of every ten currently monitor their accounts online and 26% do so using their mobile phones.
Professional contacts continue to be the best way to find a job. According to the business daily Expansión, only 20% of jobs are advertised. The remaining 80% go to those with personal relationships – both virtual and real.
BBVA Executive Chairman Francisco González has reinforced the Group’s commitment to the U.S. after the most recent natural disasters. “We’re going to redouble our commitment to those affected through a number of actions,” he explained. In Houston, where he met with the city’s mayor, Sylvester Turner, he gave a message of solidarity on behalf of the entire BBVA Group. Francisco González also announced that he is going to visit Mexico City in the coming days to see first-hand the damages caused by the Sept. 19 earthquake.
BBVA Compass is today announcing that some of its branches in Houston and Dallas will serve as offer day pick-up locations for Amazon’s Treasure Truck.
The news comes seven months after BBVA Compass announced a collaboration with Amazon to pilot its Locker program at 11 Austin, Texas-area branches, the first time the program was made available at a bank location. Today’s announcement also marks the first time a bank in the Southeast has been chosen as a location to host the Treasure Truck.
Spain’s moped sector has seen three consecutive years of sales growth thanks to ecommerce and tourism. 13,500 mopeds have been registered so far this year, which represents 23% accumulated growth from January to August, according to the National Association of Companies in the Two Wheeled Sector (Anesdor), Cinco Días reports.
Cyberbullying is one of the problems currently affecting teenagers. According to a Panda Security study covered by Europa Press, between 5% and 10% of adolescents have sent or received these types of digital messages. The instant message service Whatsapp and the social networks Facebook and Instagram are some of the most common channels used for cyberbullying.
Despite the rise of e-commerce thanks to new technologies, physical stores continue to be the main sales channel for fashion retailers. For this reason, 61% of fashion brands plan to expand their network of stores in 2017, according to a study by Vente-privee and Modaes, as reported by Cinco Días.
Organic food is in style for European consumers. In recent years, many supermarket chains and small businesses have added these products which are grown in a completely natural, environmentally friendly way. In Spain, the sector’s business volume has reached €1.5 billion, according to the organization, Infoam, and covered by Cinco Días.