In a complex environment with interest rates at an all-time low, what business models make sense for both banks and customers? Finding the best idea that answers this question was the challenge for Open Talent Ideas, and the Garanti payment method team - BBVA’s bank in Turkey - won.
Fintech
Fintech
BBVA is one of the founding members of the recently announced Lyra Network, Spain’s first multisectoral consortium, founded to combine efforts in the creation of a cross-cutting, open-code and neutral platform based on the 'blockchain' and distributed ledger technologies (DLT).
Luis Robles Miaja, president of BBVA Bancomer, closed the Seminar for Latin American Regulators by asserting that the banking sector “cannot be removed from technological change.” On the contrary, it is obliged to “adopt it, for the benefit of society, and create more secure financial institutions.”
BBVA invited the principal regulatory agencies in Latin America to take part in a dialogue about technological change in financial services, “a radical change that the different countries in the region are experiencing,” which directly affects consumers’ behavior.
BBVA has announced the 10 finalists in its Open Talent Ideas Competition – aimed at finding a banking model that works for both customers and banks in an era of historically low interest rates.
Vest Wealth Management, the Mexican company that was a finalist in the last edition of Open Talent, has been selected to participate in an exclusive training program in Silicon Valley sponsored by Google.
BBVA customers can now interact in Spain with the bank via social networks and instant messaging services. BBVA has developed two new tools, Chatbot and BBVA Cashup, which allow customers to access financial information via Facebook and Telegram, and also to make payments via Bizum from Whatsapp or any messaging service.
Identity is a hot topic in financial services, and with today’s win in the BBVA Open Talent Identity competition, SnapSwap hopes to capitalize on its momentum.
Have you heard of Trojans? You certainly must know the story of the Trojan horse. Just like the mythical horse that the Greeks used to enter the city of Troy without being noticed, these programs try to make their way into your computer without raising suspicions, opening a back door for a remote attacker to also enter.