U.S. banks have a decisive role to play in minimizing their customers’ growing financial uncertainty. The time has come for the banking industry in the United States to become more involved in improving the financial health of its customers. This is one of the main conclusions set forth in the study “Making Outcomes Matter: An immodest Proposal for a New Consumer Financial Regulatory Paradigm” by researchers Todd H. Baker (Richard Paul Richman Center for Business, Law and Public Policy) and Corey Stone (Financial Health Network).
09 Sep 2020
The COVID-19 crisis is pushing vulnerable groups – those bearing the economic brunt of the crisis – to the limit. Leora Klapper, lead economist of the World Bank’s Development Research Group and member of the Advisory Board of the BBVA Center for Financial Education and Capability, analyzes the key factors to boosting these groups’ economic resilience and promoting their financial inclusion.
13 Jul 2020
07 Jul 2020
Spain finished first in the final of the international competition, European Money Quiz 2020, an initiative organized by national banking associations in Europe and coordinated by the European Banking Federation (EBF). Mateo González Villar, a student at Mirabal School in Madrid, managed to emerge victorious in a highly competitive contest in which 29 finalists participated from 22 European countries.
03 Jul 2020
Money isn’t everything; supporting communities, visibility, training, and strategic support are the key pillars of the BBVA Momentum program. This is one of the conclusions coming out of the panel, ‘BBVA Momentum: Support for Social Entrepreneurs,’ organized by The Next Web in collaboration with the Financial Times, and in which BBVA’s social entrepreneurship support initiative has been featured for best practices. María Erquiaga, global head of BBVA Momentum and Arancha Martínez, founder of Itwillbe.org and participant in the 2017 Momentum program, shared an online platform to stress the growing importance of sustainability in entrepreneurial ventures and the value of social innovation with an impact.
29 Jun 2020
Vulnerable population groups are bearing the brunt of the global pandemic and need more economic support measures. These are some of the ideas set forth by Mayada El-Zhoghbi. El-Zhoghbi, Managing Director of the Center for Financial Inclusion (CFI) and new member of the Advisory Board of the BBVA Center for Financial Education and Capability, who also advocates for, among other measures, equal access to financial services.
17 Jun 2020
The King and Queen of Spain held two meetings with entrepreneurs. Arancha Martínez, the founder of Itwillbe.org, and Pablo Santaeufemia, the founder of Bridge for Billions also participated in the meetings. Both participated in the 2017 edition of BBVA Momentum, BBVA’s program in support of social entrepreneurship. The meetings addressed the social and economic challenges that lie ahead, and the solutions entrepreneurs are proposing to overcome them.
15 May 2020
The global pandemic is devastating millions of people’s finances worldwide. How can the consequences of the crisis be addressed? Experts consulted by the BBVA Center for Education and Financial Capability point to financial education as a fundamental way to build crisis-proof finances.
07 Oct 2019
October 7 marks the celebration of Financial Education Day, a day that aims to raise awareness about the importance of a good financial education. Throughout the week training and awareness-raising activities will be held around the world. BBVA participates in various activities and announces the second installment of EduFin Talks, taking place in Madrid on Tuesday, October 8.
19 Jul 2019
Behind an event like the 2019 EduFin Summit, the global summit on financial education organized by BBVA’s Center for Financial Education and Capability, is a great team making sure that everything runs like clockwork. Their work is essential to ensure that the audience, from 23 different countries, enjoys this important event. An event where anecdotes and a sense of humor have their place. This is the backstory of the 2019 EduFin Summit.
28 Sep 2018
22 Mar 2018
A ‘teachable moment’ is a unique instant in which the opportunity presents itself to teach something to someone else who has had their attention captured by that something. These valuable learning opportunities in financial education lend themselves to teaching people to take informed decisions.
06 Feb 2018
This year Davos’ World Economic Forum (WEF) once more brought together world leaders, experts and thinkers to discuss the big economic matters that invite global concern. Over the course of the global event’s tight agenda, there was room for the inclusion and education of woman in financial affairs.
04 Jan 2018
Many sectors are already exploring the potential applications of Blockchain, a technology that according to experts could have an impact comparable to that of the internet. Beyond the famous cryptocurrencies, there is no longer any doubt that the uses of this technology can improve society, and several social enterprises are demonstrating it through interesting projects.