Garanti Bank has pioneered the digitalization process in the banking sector in Turkey over the past 20 years and its efforts as a stand-out player in this field have been widely recognized internationally. Garanti continues to lead digital banking growth through its investment in  multi-channel technology, the fruit of which is seen in its excellent customer experience track record.

Garanti Bank recently launched the opening of brokerage accounts via digital channels, with the new process requiring only a few clicks and less than 5 minutes to complete. This is a great advance over the old process, which required signing dozens of forms and took 60 minutes to complete.

The Money20/20 Asia conference, which was held last week in Singapore, is all about uncovering the future of financial services.

BBVA is developing payment methods based on biometric technologies to make checkout at stores ‘invisible’. It is already being used in cafeterias and restaurants at Ciudad BBVA. More than 1,000 employees already use an app to automate payments and testing has begun on a biometric facial recognition system based on technology from the startup Veridas, a JV of BBVA and Das-Nano in 2017.

BBVA Compass customer David Everett never imagined when he deposited his Christmas bonus via the BBVA Compass Mobile App that he’d be rewarded with $10,000 simply for doing so.

So, when he got the January phone call saying he was the bank’s Sign In & Win Sweepstakes grand prize winner, Everett didn’t believe it. According to Director of Multi-Channel Sales and Promotion Cody Sparks, the fact that it was so easy to deposit his check - and in the process win $10,000 - is precisely why the bank conducted the sweepstakes.

Derek White, Global Head of Customer and Client Solutions at BBVA, took part in Money 20/20 Asia, the landmark event for the fintech sector, where he shared his take on the debate of who will corner the banking business in the future: Banks or Big Tech?

Representatives of the Government of Singapore, a beacon of innovation in Asia, and BBVA met at the institution’s headquarters in Madrid to share digital experiences and strengthen cooperation. The Government of Singapore inquired about BBVA’s digital strategy and set out its views on fintech and cybersecurity regulations.

BBVA will be taking part in the Money20/20 Asia event in Singapore this week, with a range of involvement ranging from keynote speeches to a fintech start-up competition.

At this point, it's not surprising that apps that are spontaneously installed on our devices use our personal data in a number of ways.

The BBVA Group has joined a Series B funding round in digital platform solarisBank, a pioneer in the ‘banking as a service’ concept.