BBVA Bancomer's outstanding loan portfolio is growing at a rate of 13%, meaning that the financial institution is continuing its support and cover of the credit needs of corporate banking, retail banking, and SMEs and consumer finance, thus underpinning economic growth.
Innovation
Innovation
Maite Pastor –creative director– and Becky Edid –commercial director– are the founders of the Mexican startup Pantone321.com, an on-demand graphic design platform based on bids –SMEs or entrepreneurs launch a bid with their design needs, and the creatives submit their ideas.
Experts from the Obama administration are debating on the consequences of robotization. The OECD (Organization for Economic Cooperation and Development) expects automation to replace on average 9% of jobs.
Beyond the myth or legend, companies are in the midst of digital transformation. And not only to survive, but also to compete. Through 3 examples and 2 institutions, the new challenges of these 4.0 industries are analysed.
Computer studies, sciences and development
The keys to finally understand the importance of blockchain
Is blockchain really the philosopher's stone that will transform the fintech world? In order to answer this question, financial sector experts met in the last edition of Revolution Banking 2016 This article outlines the key lessons of the discussion that took place and which can help to better understand why blockchain technology is in vogue and its role in the future.
The Spanish Data Protection Agency (AGPD) has published a document on the new regulatory framework adopted by the European Union (EU) to guarantee the privacy and protect the data of European citizens.
France is the Eurozone country that has seen the fewest branch closures, at just 3% between 2010 and 2014. Nonetheless, the industry is well aware that young people rarely set foot in branches. Now they are out to win them over.
Over the last four years, BBVA has implemented a global methodology based on customer recommendations called IReNe (Net Recommendation Index).
Computer studies, sciences and development
BBVA signs strategic collaboration with Red Hat to accelerate the Group’s global transformation
BBVA today announced a global strategic collaboration with global provider of enterprise open source solutions Red Hat, Inc. (NYSE: RHT) aimed at helping accelerate BBVA's global transformation and technology-driven innovation processes. The agreement, which turns Red Hat into a priority partner for BBVA, is part of a series of alliances that BBVA is aiming to forge with strategic partners. Red Hat president and CEO Jim Whitehurst and BBVA Head of Engineering Ricardo Moreno signed the strategic collaboration during a ceremony in Madrid today.
The Spring IIF event always brings together a collection of the highest-profile figures in financial services and cutting edge topics, and this year in Madrid has been no exception. With panels on ‘regtech’ and alternative lending, as well as the views of BBVA’s Chairman Francisco González and Executive Chairman of Santander Ana Botín, the event is very much the contemporary face of finance. For fans of distributed ledger technology, there was one highly anticipated panel - ‘Banking and Blockchain’ . Boasting a panel featuring some of Blockchain’s biggest names - Digital Asset Holdings’ Blythe Masters, UBS’s Axel Lehmann and BBVA’s Teppo Paavola, it was a packed conference room for a session on the potential of Blockchain in the banking industry . BBVA was lucky enough to sneak in at the back, and as the panel progressed, picked out the following points: