‘Big data’, ‘IA’, ‘blockchain’, ‘cloud’, biometrics… these are just a few of the new technological developments that are reshaping the financial world in general, and BBVA in particular. BBVA and Cisco’s new Engineer Exchange Program creates the perfect opportunity to exchange talent and new ways of working in this digital environment.
14 Nov 2018
The digital revolution has social consequences that must be understood and managed. Nobel Laureate in Economics Joseph Stiglitz says the key is to ensure that inequality does not increase.
12 Nov 2018
Who will win the battle between fintech and banks in an age where geographic borders matter less and data is a critical factor in business growth? Actually for BBVA Chief Executive Officer Carlos Torres Vila the answer is simple – it will be the customer. This was one of the key messages he delivered in front of several thousand people at the world’s biggest fintech conference in Singapore, earlier today.
07 Nov 2018
31 Oct 2018
Garanti Bank won big at the 30th Crystal Apple Awards advertising event in Turkey. The bank took home five different awards, including a Special Award, a Great Prize, a Crystal, a Silver and a Bronze award.
Head of Customer Solutions Analytics & Open Innovation
BBVA is deploying its global development platform in Uruguay, marking a new milestone in the bank’s digital transformation. This initiative will make it possible to accelerate the delivery of mobile solutions, unifying design, functionality and features and user experience.
29 Oct 2018
25 Oct 2018
BBVA Global Head of Investment & Cost Management Luisa Gómez Bravo has been included in this year’s edition of MujeresyCía’s 100 Female Leaders in Spain 2018 list. Women’s news site MujeresyCía has unveiled the seventh edition of the ranking aimed at boosting the visibility of female talent in Spain and promoting the presence of women across all spheres of society. Gómez Bravo, was named in the ‘Executives’ category among over 1,000 candidates.
Head of Global Finance
23 Oct 2018
Are banks going to withstand the challenge of the big tech players and indeed beat them at their own game? It’s a question that banks all over the world are working on but for two of the leading digital banks in the world —BBVA and Citi— it’s more a question of how far do ‘we’ want to go.
17 Oct 2018
Boundaries between sectors are quickly disappearing in the fintech world – a trend also apparent in efforts to innovate. With this in mind, the second edition of Open Summit is exploring different ways in which startups and corporations can work together. “At BBVA we want to turn the magic of startups into products that reach our customers,” Derek White, the head of Client Solutions, said at the opening session of the event.
15 Oct 2018
Technology is now disrupting every sector from retail to recruitment, and financial services are no different. What is different is how the incumbent players in the sector choose to respond. Do they collaborate, challenge, or do nothing?
11 Oct 2018
BBVA executive chairman Francisco González attended this year’s meeting of the International Monetary Fund (IMF) and World Bank in Bali (Indonesia). He commented that resulting from today’s digital revolution, “ultimately there will be more wealth and prosperity for the whole world, and I hope less inequality; less difference between the have and have-nots.” Francisco González’s remarks come from what will be one of his last international meetings ahead of handing over the baton to Carlos Torres Vila, after December 31.
The digital revolution is making itself felt in the area of international payments in response to the demands and needs of customers. As a key player in the transformation of the financial sector, BBVA has played an active role in bringing all of the advantages provided SWIFT gpi to its clients. It is the first bank in Spain to offer this service.
10 Oct 2018
In a global bank with operations in over 30 countries and more than 130,000 employees, efficiency and agility when coordinating its workforce’s collaborative efforts is pivotal. In this video, Google shows BBVA’s success story using Google Cloud’s tools as a key element to facing its digital transformation.
09 Oct 2018
The CEO and future chairman of BBVA, Carlos Torres Vila, stressed this morning that “privacy should never be the price to pay for a service.” At the IX Financial Meeting organized by KPMG and Spain’s daily business journal Expansión he explained that new European regulations for the protection and use of data (GDPR and PSD2) are a step in the right direction, although he called for a level playing field between banks and other sectors.
05 Oct 2018
BBVA has given Sheetgo the award as the startup with the most scalable business during the closing of Spain’s biggest startup conference in Madrid.
Self-management, wholeness and evolution are the basic pillars on which this management model rests.
04 Oct 2018
‘BBVA AvalBox’ is the new BBVA digital tool that allows for the first time in Spain to request, present and consult guarantees online. In doing so, BBVA has simplified a process that up until now could only be carried out in person and on paper.
03 Oct 2018
BBVA’s executive chairman, Francisco González, believes that the success of a company’s transformation is directly related to employee talent. “To have excellent people is a must” he said at the South Summit, an event held in Madrid this Wednesday. “If you don’t have the best people, it’s impossible to advance.”
02 Oct 2018
Mario Pardo, the global head of Enterprise Solutions at BBVA, shared the stage at the Open Innovation Forum with Henry Chesbrough, renowned academic of the University of California and known as the ‘father of open innovation’. Both speakers spoke about how BBVA is working with its corporate clients and startups to develop better banking solutions.
01 Oct 2018
After announcing that he will be stepping down as BBVA Group Executive Chairman, which is set to take place at the end of December, Francisco González granted an interview to Spanish newspaper El Mundo. During the interview he went over his almost 18 year tenure at the helm of the bank, but mostly spoke about the future. Francisco González leaves a bank set for “huge success” in the new digital scenario, managed according to clear principles, by the best possible leader, Carlos Torres Vila.
27 Sep 2018
16 Sep 2018
Francisco González weighs in on the challenges of the financial sector to compete with big tech firms in an article published on the ‘Singapore Summit’ website. BBVA Group Executive Chairman participated this weekend in the event – which analyzes Asia’s role as the driver of world growth – and in the annual meeting of the International Advisory Panel (IAP) of the Monetary Authority of Singapore (MAS).
05 Sep 2018
BBVA’s digital transformation has always been as much about serving customer needs as it has been about securing the future of the bank. In fact the two are synonymous, by ensuring customers can bank when, where and how they want to – including on the device of their choice – BBVA is building a bank that better serves their needs.
04 Sep 2018
Marga Barrera, Global Head of Design and UX (User Experience) at BBVA, speaks with Spain’s leading business newspaper, “Expansión” about her role and the effort her team is making to transform the bank into a digital business that delivers value-added products to its customers every quarter. “Design is a profession on the rise, that will have a lot of influence in the coming years.” states Barrera who emphasizes that in the current climate where companies are competing for talent with big firms like Microsoft, a commitment to design is essential.
29 Aug 2018
Luisa Gómez Bravo, Global Head of Investment & Cost Management BBVA Group.
Luisa joined BBVA almost 20 years ago. During this time, she has held various positions in the bank, moving up to become the main financial head overseeing the Group’s investments and spending and, specifically the ‘Single Development Agenda’ (SDA).
She studied at ICADE and graduated with degrees in law and business administration. She lived in London for several years where she worked for American investment banks. Her view of BBVA is that it has always given her the opportunity to learn and develop. “That’s my main motivation.” she states.
Passionate about her job, she gets excited when she talks about the new way of working – using agile methodologies in small, multidisciplinary teams with quarterly product deliveries that enable fast results. “It’s exciting because your effort becomes tangible” she remarks when interviewed about the implications of the new management approach, which prioritizes resources on a global level according to the impact each project could have on BBVA’s business.
28 Aug 2018
20 Aug 2018
13 Aug 2018
BBVA’s efforts to foster product sales through its digital channels have been well received by customers. Customer adoption of digital channels -and sales across these channels- have seen increasing growth month after month.
In a context marked by a loss of confidence in digital companies such as Facebook because of their handling of data who can users trust their information with? A report by the Institute of International Finance (IIF) studies the role of banks in this new scenario and goes over their strategies, their strengths and their commitment to protecting the data of their customers.
10 Aug 2018
Advertising will experience stable growth in the next five years, developing toward a more digital and mobile business, touched by fewer hands.
06 Aug 2018
As Jorge Soto noted in conversation with BBVA, increasing connectivity is making developing economies a hotbed of innovation in financial services: “It is empowering startups to create relevant solutions to the bigger and more significant challenges that still exist in those markets, which have largely already been solved elsewhere.”
02 Aug 2018
Cristina de Parias holds an undergraduate degree in Law from Universidad de Sevilla and an MBA from IESE. Since her appointment as Head of Spain in 2014, she’s tackled some major challenges, such as the integration of Catalunya Caixa in 2016 and expediting BBVA Spain’s digital transformation efforts.
Her career has always been linked to the financial industry, where she started working more than 25 years ago. She joined the BBVA Group in 1998 as head of Personal Banking and Methods of Payment. Between 2004 and 2008 she served as Managing Director of Uno-e. In 2008 she was appointed Head of Digital Businesses, Innovation and Development and in 2011 she became the first woman to head a Territorial Directorate, the Central one.
Born in Seville, married and mother of four, she travels constantly across Spain. Her associates define her as a thoughtful, very intuitive and approachable person. She loves going on walks, reading, film and travelling with her family. Great Place to Work recognized her as the Best Manager of 2016.
25 Jul 2018
24 Jul 2018
BBVA Compass recently announced the launch of two new industry-leading fraud prevention and account reconciliation products, BBVA Compass RealTimeARP™ and BBVA Compass RealTime Positive Pay™. Shortly after the launch, we took a closer look at Positive Pay. Today, we put the bank’s ARP product under the microscope.
20 Jul 2018
A major superstore chain is making waves in the world of fintech news this week, lending to some interesting developments for an Oakland-based startup.
19 Jul 2018
Since June, asset management customers of BBVA in Switzerland can go online to contract any type of financial asset adapted to their risk profile. With “Click & Trade,” the bank advances its digitalization process, providing solutions that address its customers’ needs.
12 Jul 2018
BBVA Colombia has been recognized as the best bank in the country by Euromoney magazine, thanks to the progress made in the digital transformation process that the institution launched a few years ago. Other reasons cited by the publication that merited the award include the expansion of the institution’s digital customer base, its financial results and its solid market position.
11 Jul 2018
The world of business is constantly coining new terms to name and categorize emerging concepts, ideas, technologies and activities that existing words struggle to convey. In this article we’ve assembled a list of relevant neologisms that will help you keep up with what’s happening in the field of digital innovation.
10 Jul 2018
BBVA keeps making headway in its transformation to become a fully digital organization. Madrid hosted a new quarterly global planning meeting where the company confirmed its commitment to materialize over 160 projects.
28 Jun 2018
27 Jun 2018
Head of Strategy and Business Development of Global Finance at BBVA
26 Jun 2018
“I love food and I am mad about sports.” Hearing him talk about his hobbies, Jaime Sáenz de Tejada (Madrid, 1968) comes across as someone who enjoys life. As a kid he was into basketball and track and field. Later, he got interested in paddle tennis and golf. About a year and a half ago he fractured his thigh bone forcing him to focus a bit more on swimming and cycling. He defines himself as a lover of Peruvian cuisine, because it offers “the best fusion of sensitivities from many places, with ingredients of unparalleled quality.” He’s even given cooking chifa (a fusion of Peruvian ingredients and traditions with Cantonese elements) a go, but “being surrounded by so much talent, I would never dare to compete in culinary skills.” Married and with five children – “one of them is on his way to becoming a chef, just like his mom,”- he’s been a part of BBVA for more than 25 years. In 2014 he became the Group’s Chief Financial Officer. He devotes most of his scant free time to “living his children’s education intensely and sharing activities with them.” He’s been lucky to live in New York – at two different periods – , London, Uruguay and Peru.
Using a smart contract will always make sense when there is a defined workflow that needs to be managed according to certain rules or to ensure the fulfillment of certain previously agreed conditions.
20 Jun 2018
Two years ago, when BBVA defined its company purpose —to bring the age of opportunity to everyone— it also decided that the best way to reach this ambitious goal was to transform itself into an agile organization. Ricardo Forcano, BBVA’s Global Head of Talent & Culture, addressed more than 1,700 participants at the National Human Resources Congress where he shared the milestones of a journey that has revolutionized the way BBVA works.
The two companies have just used the blockchain technology to renew a credit line worth €325 million, the first initiative of this collaboration.
19 Jun 2018
18 Jun 2018
BBVA CEO Carlos Torres Vila opened the seminar in Santander organized by the International Menéndez Pelayo University and the Spanish Association of Economic News Journalists (APIE), which this year puts the spotlight on blockchain. BBVA’s CEO lauded digital transformation as a way to improve people’s lives. Additionally, he released the news that in May, BBVA’s digital sales reached 40% of the total, and that the Group will begin testing the negotiation and contracting of syndicated loans using blockchain. Finally, he stated that technological development fosters long-term economic progress and social well-being, which requires collaboration between public and private institutions.
15 Jun 2018
Mexico’s BBVA Bancomer is the Group’s first bank to adopt the globally developed mobile banking platform. It will be gradually rolled-out across the rest of the countries where the Group operates, providing a speed-to-market advantage.
11 Jun 2018
Can Big Tech take the place of banks in the financial services sector? According to Francisco González in his op-ed article in today’s edition of Financial Times, while the Big Tech’s threat is widely known, digitization opportunities for some banking institutions are less evident. BBVA Group Executive Chairman is confident that “we have what it takes to redesign banking and to bring about the next stage of this industry’s evolution.”
08 Jun 2018
Digitalization is revolutionizing financial services, with the PSD2 directive speeding up the transformation. What role will traditional banks, fintech, and tech giants play in this new environment?
07 Jun 2018
BBVA has launched a pioneering training model that facilitates the exchange of knowledge between professionals thanks to a token-based initiative.
04 Jun 2018
Consumer habits have changed. Users are increasingly demanding and want services that understand and meet their needs in the moment. How do banks adapt to this new paradigm? Eugenia Gibbons, the Global Head of Digital Sales and Customer Engagement BBVA, explained during the Adobe Summit 2018 that the key lies in creating one-click, intelligent and customized products.
23 May 2018
BBVA Group Executive Chairman Francisco González thinks it is necessary to establish “a new global regulation,” one that could benefit society as a whole with all the opportunities the digital era has to offer. “We are living an unprecedented revolution, that could bring a never-before-seen level of well-being if we manage to make progress in a new legal architecture,” he pointed out during a meeting at the Institute of International Finance (IIF) in Brussels.
Around the 1960s the U.S. Army coined the name soft skills to refer to abilities other than those involved in working with machines. Military instructors realized the need for other abilities in the profesional development of its technicians and engineers.
Technology serves to create opportunities and also solve problems in the public sector. However, because of its many peculiarities, the pace of innovation is different, and its implications are more profound.
22 May 2018
In light of the digital revolution and the arrival of fintechs, financial entities need new employee profiles with mathematics and engineering. These professionals are in short supply, and so the commitment to training, both internally and in collaboration with universities, is increasingly important.
21 May 2018
BBVA Bancomer has been crowned as the most innovative bank in Latin America in this year’s edition of British publication Global Finance’s The Innovators 2018 awards, which recognize the institutions that systematically identify new businesses and design new financial tools. With this award, the magazine acknowledges the institution’s value proposal, which includes a customer-centric data-based user-friendly design, developed in collaboration with the fintech ecosystem.