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Fintech

Fintech

Technologies such as artificial intelligence, blockchain and APIs continue to dominate the forecasts of the leading experts in the fintech sector. However, there are some new caveats for 2018, due to regulatory pressure. As the digitization of financial services gathers force, BBVA stands among the banks that have invested most in their digital transformation.

More and more companies and consumers are turning to biometric technologies to enhance their authentication and payment methods. Compared to traditional password-based mechanisms, these solutions provide a better user experience and increased security.

Using the full functionality of the bank in your pocket is easier at BBVA Compass with the release of version 5.4 of its Mobile Banking App.

In the latest release, the bank added a search engine inside the app so users can fully capitalize on the many features that have won it multiple awards. With the new search, users simply start typing what they would like to do in the search bar, and the app automatically displays a list of applicable functionality from which the user can select. When the client taps on one of the results in the list, the app automatically navigates the client to the exact spot in the app where that functionality is or information is located.

The year 2018 looks to be a crucial one for the entire blockchain ecosystem and distributed ledger technologies (DLT). Beyond the speculative rage that cryptocurrencies have ignited, this year is expected to bring a certain maturity to the market. Here are seven predictions from three BBVA experts regarding the challenges of the new decentralized economy, featured in the specialized news website Criptonoticias.

Many sectors are already exploring the potential applications of Blockchain, a technology that according to experts could have an impact comparable to that of the internet. Beyond the famous cryptocurrencies, there is no longer any doubt that the uses of this technology can improve society, and several social enterprises are demonstrating it through interesting projects.

The new technologies, and their presence in everyday life, are radically changing the way we look at entertainment, social relationships and work. They have also created new professions that do not yet have a set educational pathway, such as videogame developer.