According to a study from Spectrem Group's Market Insights Report 2017, there are just 10.8 million millionaires in the United States. Assuming you’re not one of them - and let’s face it, most of us aren’t - there are certain purchases that require a loan. Loans for these purchases - houses and cars among them - most often take the form of an installment loan, which begs the question: What exactly is an installment loan?
Finance
Finance
BBVA's Annual General Meeting, which took place on March 16th in Bilbao, boasted an event sustainability management system that was compliant with the UNE-ISO 20121:2013 standard, as certified by AENOR. This certification validates the 2018 Annual General Meeting as a Sustainable Event due to its “clear commitment” to the environmentally, socially and economically sustainable criteria defined by the standard.
BBVA Compass, the U.S. subsidiary of the global financial services group BBVA, now offers near instantaneous decisioning and potential same day funding for both customers and non-customers with the footprint wide(1) opening of the fully digital BBVA Compass Express Personal Loan.
With the Express Personal Loan, customers and prospects can consolidate debt or fund large purchases with a low-interest personal loan that provides near instantaneous decisioning. Applicants with a BBVA Compass checking account can get same day funding upon loan approval. The loan, which represents months of effort across the entirety of the bank, underscores BBVA Compass’ drive to digital transformation and achieving excellence in customer experience.
Over 300 businessmen Monday took part in a meeting in Bilbao of the Business 20 (B20) –a corporate forum of the G20. The companies present at the meeting are at the vanguard of digitalization and industry 4.0. At the start of the event, José Manuel González-Páramo, BBVA Executive Board member and vice president of one of the B20 task forces, called for “greater cooperation between the public and private sectors” to meet the challenges posed by the new digital economy.
Yet another year, BBVA was named best investment banking in Spain and Mexico by U.S. publication Global Finance Magazine. Also, for the first time, BBVA secured a spot in the 'Best investment bank' and 'Best bank for new financial technology' categories in Latin America, thanks to its technological efforts and significant advances in digital transformation.
We are reaching the point when the financial system regulation principally dedicated to correcting the shortcomings of the crisis is reaching its end. The approval of Basel III is “good news” and now is the time to implement reforms and make way for economic growth. This is one of the observations of María Abascal, BBVA's Director of Institutional Relations, in the 'Women in Finance' forum.
Top global banking regulators have shared their insights into the potential impact of fintech on the financial industry. A report by the Basel Committee on Banking Supervision analyzes how fintech can impact the banks and supervisors. This is something that, at least in the short term, may have been overstated. “Despite the significant number of financial products and services derived from fintech innovations, volumes are currently still low relative to the size of the global financial services sector,” says the report.
BBVA Compass assembled Albuquerque leaders Thursday to celebrate the bank’s $2.8 million in equity equivalent investments in Homewise and the New Mexico Community Development Loan Fund, two organizations dedicated to creating opportunities for low- to moderate-income families in the city.
Garanti Bank CEO Fuat Erbil said the turkish bank’s performance last year far exceeded expectations and looks forward to extending that success this year. “Last year was much more positive than expected, both for the country, the sector and Garanti,” Fuat Erbil told journalists in a recent meeting. “As witnessed by the positive outlook for key indicators and investor interest, 2017 was a successful year for Turkey. The banking sector’s performance excelled expectations as domestic demand increased and economic activity as a whole expanded”.
Which technologies will mark the development and protection of our digital identity? It seems that biometry and blockchain could be the keys that will set the future of our identity in the web and will help protect us.