Mobile payments is one of the trends that will take center stage in 2016
Fintech
Fintech
BBVA, one of the largest financial institutions in the world, announces today that it is adopting Google’s cloud-based collaboration and communication suite Google Apps for Business to increase productivity and drive innovation.
The BBVA International datathon InnovaChallenge MX, in which 378 developers from 36 different countries participated, has drawn to a close. The quality of the work submitted has surpassed the expectations of the panel that judged more than 50 new proposals on how to make use of BBVA’s data.
Mobile banking platforms provided by banks nearly always dominate the Finance category for stores like Google Play and App Store. However, other kinds of applications joining the top 10, be they corporate or not, can be indicative of user demands for managing their finances.
Octavio Novelo is co-founder of ZaveApp, an application that allows people to save without changing their consumption habits. It is an electronic piggy bank connected to a credit or debit card, which prompts users to make deposits to reach their goal.
Chris Skinner, a British expert on financial issues, was in Madrid on September 18 to take part in Innomoney, an event organized by Adigital on Fintech and the financial technology revolution. It was a whirlwind visit, during which the financial advisor and authority on payment method innovation cautioned that digital transformation is the only sure path to survival in the banking market. He also found time to give this interview with the BBVA Innovation Center.
Cash is by far the most used payment channel in the world, although in the digital age, smartphones aspire to be our new wallet.
The challenges and opportunities that that the financial world are facing since the so-called fintech companies were the main topics on the agenda at the Innomoney event organized by Adigital. The customer was the link between the financial companies that attended the event and the startups that are taking the sector by storm.
How to respond to the new challenges in the sector and leverage the new opportunities? This is a key question in digital transformation strategies. Here are the three steps that must be taken into account.
Sending and receiving money, saving or paying for products and services are unusual financial transactions for more than half of the world population. Financial inclusion programs promote financial services for these people with the aim of reducing not only the costs of their financial transactions, but also the risks involved.