BBVA has acquired Spring Studio, a San Francisco-based user experience (UX) and design firm, to accelerate the Group’s efforts to become the leading digital bank through great design and technology.
Finance
Finance
The growth of this FinTech startup is one of the success examples within the sector: creation of a retail bank with operations that are exclusively online and, mainly, executed via mobile device. In addition, with the acquisition by BBVA, Simple also has become an example of open innovation strategies.
Africa continues to be a challenge for many companies seeking to do business in countries with very particular conditions, and where the most successful policy is often not to think in terms of what isn't there, but to take maximum advantage of the resources that are available. A few years ago M-Pesa triumphed with its model, which now needs to be replicated to achieve the same success in other nations on the continent.
BBVA Compass added to its list of recent accolades in February, landing a top spot in leading personal finance website GOBankingRates’ ‘Best Banks’ series. GOBankingRates examined the top 100 banks by assets nationwide to determine the rankings and evaluated each on a range of criteria: financial strength, favorable rates and terms on deposit accounts, and available products and services.
The role of branch offices is changing. In fact, 81% of consumers surveyed by Accenture believe that the role of branches should change: to move from being a transaction center to a center of relationships and advice.
BBVA Chairman & CEO Francisco González pointed out the dramatic impact that technology is having on the transformation of the financial sector during his speech at the Mobile World Congress in Barcelona. "BBVA will be a software company in the future,” said Francisco González, who anticipated that BBVA will compete in the new digital ecosystem.
Digital banking has grown by leaps and bounds around the world and in Chile as well. The possibility of transferring money and performing many other financial operations through ATMs, mobile telephones, computers and tablets via Internet, is now joined by an innovative bank account on Facebook, the first of its kind in Latin America.
Cryptocurrencies have become a trend. Everybody talks about Bitcoin and its rising value. Now is the moment to think about it and get to know where we are and which the situation is.
BBVA has been named Best Investment Bank in Spain for the fourth time in a row and, for the first time, Best Investment Bank in Mexico and Best Debt Bank in Latin America at the awards of the specialized magazine Global Finance.