NEWS BBVA.COM | COLOMBIA
Onur Genç
Chief Executive Officer
Bankers have existed from time immemorial. Modern banking as we know it today emerged in the 20th century. However, we can say that banking goes back many years, even beyond the 15th century, when it gained special relevance because of the boom in trade. Hundreds of years have passed, but its essence remains the same.
Over recent years open banking has become synonymous with the digitalization and transformation of the financial sector. New regulation has been one of the major drivers, starting in Europe before quickly spreading around the world.
BBVA Group executive chairman Carlos Torres Vila and BBVA CEO Onur Genç participated in a virtual Live@BBVA event with more than 65,000 connections from employees. They provided answers to questions about how BBVA is dealing with the coronavirus crisis and sent a message of hope. “Together we can ensure that the recovery is stronger,” the chairman said. “It is time to step up and make a difference,” and to do so, “ “it is essential that we all – authorities, companies and society a whole – act in a coordinated manner.”
Carlos Torres Vila
Group Executive Chairman
A new way of understanding banking
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Arturo Fraile
BBVA Research
Innovation
Mobile payments in Europe, QR codes in Latin America, and super apps in Asia: These are some of the trends that are getting the most traction across the globe in the digital payments arena. We review those initiatives that are making the biggest impact in each region.
