BBVA has celebrated its first ‘Values Day.’ A day to embrace and live the values of the Group: Customer comes first; We think big; We are one team. BBVA Executive chairman Francisco González and CEO Carlos Torres Vila reaffirmed these values as “the heart of a long process of transformation that the bank is spearheading at a global level.”
01 Jun 2018
07 May 2018
The ‘BBVA Latin America Conference’, held on May 2 and 3 in New York, is a yearly event hosted by BBVA that brings together public and private Latin American debt issuers and North American investors. In this year’s edition of the conference —the eighth— BBVA CEO Carlos Torres Vila, and BBVA Global head of Customer Solutions Derek White were some of the prominent figures who took the floor to share their insights into pivotal issues such as investments in Latin America, sustainable finance and banking innovation.
19 Apr 2018
When Frances Guthrie started at Compass Bank in 1964, no one had to explain to her what “one team” meant. “We only had 11 people,” she said. “And that was counting the mail carrier.” That was just one of the memories shared by Guthrie and about 30 other retired former team members at the inaugural BBVA Compass Alumni Community Luncheon in Birmingham, Ala. last month.
09 Mar 2018
BBVA Compass clients and Dallas community leaders gathered downtown Thursday night at Café Momentum, where the former juvenile offenders who power the restaurant prepared and served attendees a haute-cuisine meal and gave them a firsthand look at social entrepreneur Chad Houser’s ambitious venture to rehabilitate the youth and help them reenter society.
05 Mar 2018
BBVA Open Talent, the world’s biggest fintech competition, will this year mark its tenth anniversary by working with more start-ups than ever before.
Find out more and register for Open Talent 2018 here.
28 Feb 2018
BBVA has presented the case of its digital transformation at the 13th Asia-Pacific High Level Meeting on Banking, held in Singapore. José Manuel González-Páramo explained BBVA’s digital business model to representatives of Asia’s most important central banks and financial institutions. He also discussed some of the regulatory challenges the region is facing, noting the need for international coordination on digital regulation in the financial sector.
20 Feb 2018
The regulation of the digital world is a key issue for Latin America and a necessary condition for achieving relevance in this field on a global level. So far, Latin American regulators have adopted a “wait-and-see” attitude that aims to avoid slowing down innovation. However, a lack of action on the regulatory front could put the brakes on innovation in industries such as finance.
19 Feb 2018
Four members of BBVA’s design team were invited to participate in Interaction18, the biggest technology and design event in France, to explain how design contributes to organizational change.
07 Feb 2018
BBVA took part in the first seminar organized by the Institute of Compliance Officers (IOC). Executives of Spanish multinationals addressed the main challenges facing the profession in applying current regulations within a company. They underscored the fundamental role of the compliance officer in companies committed to transparency and good corporate governance.
02 Feb 2018
Over the past three years, the asset allocation team of BBVA Asset Management has overhauled its investment process to bring as much objectivity as possible to decision-making when building a portfolio. Based on the principles of behavioral economics, the new process aims to determine how the power of the mind affects financial decisions.
29 Jan 2018
26 Jan 2018
This year, the World Economic Forum at Davos is attracting plenty of attention. From the long-awaited speech by U.S. President Donald Trump to the criticisms of American protectionism and support for global cooperation expressed by German Chancellor Angela Merkel and French President Emmanuel Macron, no leader misses their moment in the spotlight to send messages to the world community.
23 Jan 2018
BBVA is committed to working with the fintech community in a way that delivers real benefits for the start-ups, the bank and of course customers and clients.
18 Jan 2018
U.S. President Donald Trump has confirmed his attendance at this year’s annual World Economic Forum, which will kick off on January 23 at Davos, Switzerland. President Trump will share the spotlight with some 60 heads of state and government, and an ensemble of business leaders, scholars, artists and prominent figures from civil society. Together, they will seek to deliver on the meeting’s theme: “Creating a shared future in a fractured world.’ Indian Prime Minister Narendra Modi and President Trump will deliver the event’s opening and closing speeches, respectively.
10 Jan 2018
Once a year, some 180,000 people meet at the most famous consumer electronics show in the world: the CES in Las Vegas. There, in spectacular fashion, they are shown the latest creations of the biggest brands, the extravagances of the smallest ones and the trends that will define the next wave of audio, image, home and automobile electronic devices.
21 Dec 2017
The strategic commitment of the most dynamic banks to digitization is played out in several areas: the competition for talent, new technologies, the creation of their own fintech companies, agreements with startups, etc. The success of this strategy, which aims to improve customer experience, cannot be measured in the short term.
13 Dec 2017
Carlos Torres Vila, BBVA’s Chief Executive Officer, this morning said open innovation is one of the key elements of the bank´s transformation to adapt financial services to customers’ new needs. “Keeping up with the rapid pace of change that companies are undergoing, including the financial services sector, the connection with the innovation ecosystem and entrepreneurs is essential,” he said.
BBVA Group Chief Risk Officer (CRO) Rafael Salinas analyzed the challenges of digital transformation and the rapid evolution of technological developments in risk management at the event entitled ‘CRO Forum, Rethinking Risk Management’ organized in Amsterdam by RiskMinds International.
12 Dec 2017
María José Roa, a researcher at the Center for Latin American Monetary Studies (CEMLA), recently presented the results of her study, “The importance of financial capabilities: an empirical analysis in the Andean region,” which was carried out with the collaboration of CAF (the Development Bank of Latin America).
04 Dec 2017
Antoni Ballabriga, BBVA’s Global Head of Responsible Business, has been chosen to represent European banks on the Global Steering Committee of the UNEP FI Sustainable Finance Forum from 2018-2020. The candidacy led by Ballabriga was the most voted of a total of eight candidates in the running.
01 Dec 2017
The most impressive thing at this year’s Blockchain Summit in London was the enthusiasm and wide array of use cases for blockchain on show. Starting with its origins of digital currency and current evolution to ICOs (the abbreviation for initial coin offering) to applications in the energy and real estate sectors, there is seemingly no problem too big that it can’t be solved via blockchain technology.
23 Nov 2017
BBVA is the only bank participating in the European Business – Education Summit organized by the European Commission and CSR Europe in Brussels. At the meeting, BBVA’s Executive Member of the Board, Head of Global Economics, Regulation and Public Affairs, José Manuel González-Páramo, defended the importance of providing young people, not only with financial education, but also entrepreneurial skills, to boost Europe’s economy.
The APIfication phenomenon is by no means restricted to the banking sector. At the API Forum held this week in Madrid, insurance and entertainment companies participated, together with BBVA, to discuss the keys to designing APIs capable of attracting developers.
17 Nov 2017
The Bilbao headquarters of BBVA was one of the stops on a tour of Spain by future U.S. leaders. BBVA is the only Spanish financial institution involved in the “U.S. Young Leaders” program, which was launched in 2000 by Fundación Consejo España-Estados Unidos and the US-Spain Council.
06 Nov 2017
Madrid hosted last week the Service Design Global Conference (SDGC17), a leading event in the world of service design that pays special attention to how this discipline is changing the world of banking. BBVA took part in one of the sessions to explain how design is, without a doubt, a key element in the success of its financial products and in satisfying customer needs at a time of great challenges for banking.
03 Nov 2017
“We have to be as efficient as the newcomers,” BBVA Executive Chairman Francisco González said at an event organized by MIT Technology Review and BBVA in San Francisco, when describing the transformation process underway at BBVA to turn a conventional bank into a digital house. The process will allow BBVA to be part of the future competitive landscape in financial services, that will be formed by “some banks including BBVA, probably some startups and definitely some big digital players,” Francisco González said.
26 Oct 2017
What sort of a future awaits the banking sector? This morning, BBVA Executive Director José Manuel González-Páramo gave a 360-degree view of that future, during a speech at the opening of the academic year at the Fundación Sant Elmo in Seville. Banks, he said, face two possible scenarios: one in which they remain static, and which will cause them to disappear; or a transformative scenario, which implies a complete reinvention of the sector.
24 Oct 2017
In a conversation with journalist Gloria Lomana at the Forbes Summit, BBVA’s Group Executive Chairman offered his view of the transformation being provoked by the digital revolution. According to Francisco González, this fourth industrial revolution is going to change the world and offer opportunities to everyone.
BBVA has been in Las Vegas this week, taking part in one of the world’s biggest fintech events, Money 20/20. The scale of the conference is huge – more than 11,000 delegates, including 1,700 CEOs and Presidents, from 4,500 companies and more than 85 countries around the world. BBVA’s CEO, Carlos Torres Vila and its Head of Customer and Client Solutions, Derek White, both attended, alongside several other senior leaders.
The tenth month of the year is the most ‘summertumn’ of all. Check iWeather on a smartphone to see if it’s too cold to wakeboard. Use a laptop to find the best less-mainstream brunch spot in the Malasaña neighborhood. Having a hard time understanding? Maybe some millennial tips are needed to learn the slang.
You have to move quickly to bring the future within reach. That’s why I am at Money 20/20 in Las Vegas. It’s an event full of young startups and transformative ideas that will change and evolve rapidly. They discover and understand what needs to change in the world of financial services and use technology to innovate. This is where what will be the next big thing in banking is being discussed.
23 Oct 2017
BBVA Executive Director José Manuel González-Páramo believes the success or failure of a bank in the age of digital disruption involves a combination of internal factors, such as changing the corporate culture, and external factors, like regulation. Speaking at an event organized by the U.S.-Spain Council – where participants analyzed the impact of digital disruption on both sides of the Atlantic – BBVA’s Executive Director recalled that the banking industry is today in the process of reinventing itself.
20 Oct 2017
The objective is not an easy one to achieve: making sure that the products that reach the market are the ones customers need and demand. The task is even more complicated if production must be speeded up, in order to reach the market before the competition. Tech companies were pioneers in facing this challenge; they did so by using agile methods, a way of working that has played a key role in the success of companies like Google and Spotify, and which BBVA has made a fundamental tool in accelerating its digital transformation.
19 Oct 2017
An artificial inteligence startup aiming to give everyone their own virtual personal money manager has been named as the winner of the 2017 BBVA Open Talent Competition. Israeli high-growth outfit, Change, beat off strong competition from almost a thousand entries from dozens of country around the world to secure top spot in the world’s biggest fintech competition.
If you don’t innovate and change you will be dead, that was the message from BBVA CEO Carlos Torres Vila at the bank’s inaugural fintech focused Open Summit in Madrid today. Speaking to an audience of entrepreneurs, investors, influencers and startups, Torres Vila also said the only true way to keep innovation fresh was to be open to ideas from outside your own business and sector.
The BBVA Open Talent competition has included in its ninth edition a special prize dedicated to the work of women in the financial technology space, a sector of innovation that has a markedly masculine character.
18 Oct 2017
Alliances between startups and established companies are increasingly used to foment corporate innovation. Entrepreneurs and executives offer us the keys to building a successful relationship.
17 Oct 2017
This year’s event, which will be held in Toronto, will be attended by Alicia Pertusa, BBVA’s Head of Digital Transformation, CIB, and BBVA’s Head of Securities Services Alexis Thomson, who will share insights into the integration of blockchain in financial services and the challenges and opportunities brought on by this exponential technology.
Madrid will host Wednesday the first BBVA Open Summit, an event that brings together startups, entrepreneurs and experts in innovation, all of them disposed to shake the financial services sector.
06 Oct 2017
Companies usually don’t brag about not having a clear roadmap, but Amazon is different. The head of technology at the company since 2005 explains that constant change and trial and error are essential to Amazon’s innovation policy.
03 Oct 2017
Investors and entrepreneurs will once again come together at the South Summit in Madrid, an encounter that has been a proven success in previous years. BBVA will have a distinguished participation in the event.
27 Sep 2017
The recent elections in Germany have ended this year’s electoral cycle in Europe. With euroscepticism weighing in at the ballot box, it’s now up to the European Union to bring its institutions closer to the continent’s citizens, according to José Manuel González-Paramo, Executive Director of BBVA, speaking at a conference on “The New Europe: Challenges and Opportunities” organized by ADEIT.
BBVA has crowned DOV-E as its winner in the BBVA Open Talent Global Trends fintech competition, winning €30,000 and a spot at the BBVA Open Summit and Immersion Week in October at the BBVA Group headquarters in Madrid.
DOV-E, based in Israel, provides wireless connectivity using audio technology between any consumer’s mobile device and any merchant platform. It won the award after beating strong competition from hundreds of other entries from across the world.
22 Sep 2017
BBVA Global Head of Talent and Culture Ricardo Forcano told the young people attending the jobs forum organized by the newspaper El País that the world in which we are going to live in the coming decades will be one of constant and rapid change, which will radically transform the labor market. The Head of Talent and Culture at BBVA recommended that young people seeking employment cultivate their curiosity, empathy and integrity.
07 Sep 2017
Chris Skinner closed Latin America’s top ‘fintech’ meeting with a prognosis: The financial services of the future will be open source and real-time or will not be at all.
01 Sep 2017
Giorgio Trettenero is an ardent advocate of the idea that technology will be a major wake-up call for Latin American banking. As Secretary General of the Latin American Banking Federation (FELABAN), he was one of the proponents of the digitalisation of financial services in the region for banks of all sizes.
When a storm of controversy erupted in Spain about the alleged mistreatment of interns in Michelin-starred restaurants, there were some surprised faces in the world of haute cuisine. It is true that in this sector, which has been so fashionable for a number of years, there are still those who are in favor of a training system of the “no pain, no gain” type; but these implacable instructors coexist side by side with maestros who, like the Roca brothers, have for a number of years been committed to a humanist revolution in the kitchens.