Innovation
Innovation
More and more, going digital in banking is seen as 21st century cool, while for branch banking, some believe the death knell has sounded. At BBVA Compass however, branches are an increasingly important part of the bank’s digital transformation.
BBVA in Switzerland has just become the first private financial institution in the country to offer its clients the digital signature service, which facilitates the management and signing of documents and provides an improved user experience.
Chad Houser of Dallas-based Café Momentum, a restaurant training platform for juvenile offenders, won the top prize of $50,000 last week as the BBVA Momentum program for social entrepreneurs closed out its inaugural season in the U.S.
BBVA has been recognized as one of the corporations doing the most to support startups in Europe. Startup Europe Partnership (SEP), an initiative established by the European Commission to support new companies in the technology field, praised BBVA’s open innovation strategy and included the bank in its ranking of the top “12 Corporate Startup Stars."
Argentina’s small and medium sized enterprises, despite being pummeled by taxes and struggling to access credit, managed to survive the collapse of consumption. Now, they are gearing up to capitalize on the improving economic outlook, thanks to the lending and tax measures that the government will roll out in short to encourage them to invest. Four our of every 10 companies say they intend to do so.
In the era of the digital economy, it's crucial that entrepreneurs acquire the financial knowledge and skills needed to develop innovative projects with long term sustainability. That´s why the focus on education, and in particular financial education, should be widened to include entrepreneurship, especially among young people.
For new digital institutions, electronic payments, granting loans and accepting deposits are some of the biggest challenges of the technological transformation being promoted by the Central Bank of Argentina.
The winners have been announced of the eleventh annual Turkey’s Women Entrepreneurs Competition, organized by the Women Entrepreneurs’ Association of Turkey (KAGIDER), Garanti Bank and Ekonomist Magazine. The first prizewinners in four categories were announced at the award ceremony held on Tuesday, November 28.
BBVA won the Spanish Company category of the third annual Spanish-Turkish Official Chamber of Commerce and Industry prizes, which recognize achievements in promoting mutual understanding between the two countries. At the event, Jorge Sáenz de Azcúnaga, BBVA’s Director of Country Monitoring, said BBVA’s Turkish subsidiary Garanti Bank is one of the pillars of the group’s transformation.