14 Oct 2020
BBVA has launched Aqua, a new line of pioneering credit cards in Spain which feature a dynamic CVV code and do not contain card numbers (PAN) or expiration dates printed on them. This reinforces security both for its digital and physical versions since not having this data prevents possible fraudulent use of them. In addition, BBVA´s app has renewed the entire payment experience to make it easier for the customer to manage their expenses and order the services it offers based on their use. The bank is already working to launch this mobile experience in other countries.
08 Oct 2020
01 Oct 2020
Garanti BBVA is betting on technology and innovation to continue leading the payment system and credit card sector. Now customers can complete the credit card application and authorization process on Bonus’ website and start enjoying all of the benefits immediately.
10 Jul 2020
A total of 15 new BBVA USA branches will open in early 2021, as announced by the bank recently, with all branches being opened in the bank’s Texas footprint. One of the biggest, and more unique, differences of these modern branches is the new Personal Banker Bar, a feature meant to replace a traditional teller line, and enhance the consumer experience.
09 Jun 2020
The relaxation of pandemic restrictions has given consumption a boost in those Spanish regions that first moved into phase two of the country’s reopening. BBVA Research’s weekly analysis measuring debit and credit card spend reveals that for regions remaining in phase one, previous consumption improvements (coming out of the transition from phase zero to one) stalled, with declines last week of May standing firmly at between 10 and 15 percent.
12 Dec 2019
02 Jul 2019
The potential of open banking to change the face of financial service provision has been laid bare in a new deal between car-hailing giants Uber and digitally focused global bank BBVA.
BBVA and Uber, leaders in their respective markets in Mexico, announced their alliance, which sees BBVA launching an entirely new financial experience by making its services available in a third party platform for the benefit of Uber driver and delivery partners and their families.
17 May 2019
Credit cards are a useful financial tool that can be utilized in various situations.
However, not everybody carries a credit card. Some people may want to simply use a debit card, or some may not have a good enough score required to obtain a credit card. This could prove difficult in certain situations – especially when trying to rent a car.
30 Apr 2019
We interview Jon Groch,
04 Mar 2019
We interview Jon Groch, BBVA Compass Payments Director
04 Feb 2019
Garanti blazes a trail in the Turkish credit card market with the launch of Shop&Fly, a new product in the bank’s portfolio that makes life easier for its customers.
19 Dec 2018
Like many Americans, you may find your mailbox stuffed with envelopes from banks, credit card providers and other lenders who want to make you an offer. (That includes your email, too.) Those offers may range from a pre-approved offer, to an invitation to apply, to a 4-page application.
08 Oct 2018
Cash or card? The numbers opting for the latter continue to grow, especially among young people – the millennial generation – and in large cities like Madrid and Barcelona. Additionally, with ever-present POS’s and more and more retailers who accept them, card payments are increasingly frequent, even for low value transactions. These are some of the conclusions reached by BBVA Data & Analytics and reported by BBVA Research in a study about spending habits in Spain: The use of cash is on the decline and digital payments are increasingly popular.
23 Apr 2018
26 Mar 2018
Rewarding, simple and secure. All apt descriptors of the new BBVA Compass Rewards Card, the newest credit card offering from the U.S. subsidiary of the global financial services group BBVA. Available today, the new credit card offers rewards to customers for every purchase they make, with no cap on earnings, and boasts an easy to understand rewards structure that earns 1.5 percent in rewards for every $1 spent across all categories, and the ability to garner 2 percent in rewards with a qualifying bank relationship.
23 Jan 2018
BBVA Compass was an official supporter of the Alabama Crimson Tide’s championship parade this past Saturday, Jan. 20, helping the school celebrate its College Football Playoff National Championship.
17 Jan 2018
Owning a credit card in 2018 may become more lucrative, says BBVA Compass Head of Payments Jon Groch.
According to Groch, rewards – or more precisely, the proliferation of them – is one of the biggest trends for credit cards in 2018. Other trends, he says, underscore the same emphasis on the consumer, as well as strategies to differentiate and distinguish individual cards and credit card issuers from one another.
09 Jan 2018
In what is becoming a frequent tradition, BBVA Compass announced today it will offer an updated Bama-branded Visa® debit card next month, giving University of Alabama’s football fans another way to display their Crimson Tide colors after the team’s 17th national championship win on Monday.
16 Nov 2017
Money 20/20 Las Vegas is without doubt one of the showcase events for technology and financial services in the world. Every years thousands of people involved in the industry, from big banks like BBVA to technology firms like Google and most importantly innovators and start-ups, gather to discuss the future of the industry.
14 Nov 2017
26 Sep 2017
BBVA launches Urban Discovery, an interactive tool open to everyone that analyzes the cities of Madrid, Barcelona and Mexico City through the prism of their commercial activity. The analysis led to the creation of new maps that redraw urban borders and identify the most touristic and residential areas or those where young people go shopping.
Madrid tourists spend more near monuments and museums than those in Barcelona. People living in Vila de Gràcia in Barcelona have the same lifestyle as those in the Madrid neighborhood of Malasaña. Sant Antoni and Poble Sec are places that are popular to go out to dinner and then for a drink, and in Madrid, the Lavapies neighborhood is undergoing a transformation toward more cultural activity.
20 Sep 2017
Say you go into a hair salon and want to pay your stylist a tip, but you don’t have any cash on hand. Instead, you use your credit card and pencil in a tip amount. Given the fees merchants have to pay for the ability to accept debit or credit card payments, perhaps you’ve asked yourself how much of the tip will actually make it to the stylist. Will the merchant take a cut of it in order to help pay those fees?
01 Sep 2017
Cell phones are now competing with cards and cash as a payment method. The practice of paying by cell phone has become so widespread that in a large Spanish city, it’s now possible to get around, eat and shop without bringing your wallet.
30 Aug 2017
Each time I pull out my debit card to make a purchase, I’m hit with a minor – but not inconsequential – question. A cashier or the point of sale machine at the counter where I’ve swiped or inserted my card asks that all-too-familiar inquiry: Debit or credit?
Typically, my default choice is debit, but not for any good or informed reason. I’m paying with a debit card, so the obvious choice is debit, right? But then, why am I given an option in the first place? Does it really matter which button I hit or what option I choose? To help answer these questions, I talked to BBVA Compass Director of Merchant Acquiring Adam Spencer.
31 Jul 2017
Entrepreneurs seeking to launch or expand their enterprise may experience big success for their small business when it’s built with a set of prime financial tools. According to BBVA Compass Director of Small Business Product Solutions Lance Gibson, while needs differ from business to business, there are some financial tools that are essential when it comes to starting or growing a small business.
12 Jul 2017
06 Jul 2017
When it comes to BBVA Compass credit card options, one size might not fit all – and that’s a good thing for consumers looking to find just the right card for them.
20 Jun 2017
For BBVA Compass, helping clients create opportunities for their brighter futures is more than a slogan; it’s a mission the bank follows in order to help its clients realize their dreams and ambitions.
18 Apr 2017
31 Mar 2017
21 Feb 2017
10 Oct 2016
Anthony Thomson, founder of Atom Bank, is absolutely clear about his career goal: He wants to redefine customers’ everyday relationship with money, he wants to improve it. He is aware that the financial sector is in the midst of a revolution marked by an unstoppable wave of disruption. “The first change is that money is data and data are the main product of our business” he said during his address in South Summit, where he unveiled three essential challenges that all companies must face to survive in this paradigm shift.
01 Jul 2016
07 Jun 2016
04 May 2016
Now there are more ways for BBVA Compass customers to make purchases, thanks to the integration of Android Pay and Samsung Pay for BBVA Compass cardholders.
11 Nov 2015
BBVA Wallet, the bank’s mobile payment app, has been downloaded more than 1 million times, less than two years after its launch. Already available in four countries, the app is also being launched this week in Turkey by Garanti Bank – in which BBVA has a nearly 40% stake – under the BonusFlas brand.
03 Sep 2015
According to the Global Findex (2014) report, only 15% of adults worldwide use electronic money, and a lot of them live in developing countries.
24 Aug 2015
The French, British, Germans, Dutch and Russians are the biggest summer spenders in Spain, according to a study published today by the BBVA Innovation Centre in partnership with BBVA Data & Analytics.
14 Jul 2015
08 Jul 2015
23 Jun 2015
Credit card providers use machine learning techniques to attract new customers, drive up turnover, offer personalized recommendations to users and identify fraudulent operations.
10 Feb 2015
Although a few years ago security was one of users’ main concerns when making virtual payments, today consumers are more confident about the ubiquity of their cellphones and the payments they make, although the fears that deter them from unlimited use of their wallets include identity theft or additional charges on their purchases.
25 Nov 2014
Like all beginnings of decades, the symbolic date of 2020 raises all sorts of expectations and questions in these previous years about transformations to various activities, and financial services are no exception. From the technological innovations foretold at the Fintech Conference to the challenges set by the PwC study Retail Banking 2020: Evolution or Revolution?, all experts seem to agree on one thing: there will be profound changes in the sector over the next six years.
20 Feb 2014
BBVA has agreed to acquire Simple, a US-based company that has created a new standard in digital banking. The acquisition is part of BBVA’s strategy to lead the technology-driven change that is transforming the financial services industry. The transaction values Simple at $117 million