The Spanish Ministry of Science and Innovation has awarded BBVA the Special Mention in Design, in the Company category, of the Spanish Innovation and Design Awards 2020. The jury has chosen BBVA for "its ability to build solid bridges between traditional business areas and the world of strategic design."
Innovation
Innovation
What better way to demonstrate just how secure the card is than Jaime Bisbal, BBVA's Head of Marketing in Spain, showing his off in the middle of the street? This is the bank's way of introducing Aqua, the new family of bank cards that have no number (PAN) or expiration date printed on them and whose security code (CVV) is dynamic.
With data as of September 2020, BBVA has 35.6 million digital customers, double the number four years ago, and 32.8 million mobile customers, three times more.
Biometric advances are already being used in a multitude of financial sector processes. Artificial intelligence can analyse speech and facial characteristics to create a digital identity that allows for a much more secure online setting, where there’s a proliferation of apps from customised services to health care.
The teams will have 40 uninterrupted hours to solve one of the 12 programming challenges posed by BBVA.
Sponsored by Garanti BBVA, the Turkish technology company Kodluyoruz has developed Alchemist, a series of 15 podcasts on technology and artificial intelligence.
Financial and commercial services
BBVA advances in the exploration of instant payments in the U.K., together with SWIFT gpi
BBVA remains committed to this global network, participating in a new pilot project with which it has managed to integrate payments from the SWIFT gpi network with the U.K.’s national instant payment system. Progress that makes it possible to break away from the time zone restrictions in the process, going one step further in the exploration of this kind of payment.
BBVA is partnering with technology companies to be closer to its clients, who are starting to turn to third party digital vendors to cover their financial needs. "We see these partnerships as a way of growing our customer base,” stated Carlos Torres Vila, Group Executive Chairman of BBVA, speaking at a virtual panel discussion with Marcelo Claure, CEO of Softbank, that took place on the last day of South Summit.
BBVA has launched Aqua, a new line of pioneering credit cards in Spain which feature a dynamic CVV code and do not contain card numbers (PAN) or expiration dates printed on them. This reinforces security both for its digital and physical versions since not having this data prevents possible fraudulent use of them. In addition, BBVA´s app has renewed the entire payment experience to make it easier for the customer to manage their expenses and order the services it offers based on their use. The bank is already working to launch this mobile experience in other countries.