The most viewed news
15 May 2019
Garanti has introduced three new inflation-indexed products that will peg the Turkish lira to inflation thereby helping its customers achieve their savings goals while also making a positive contribution to the national savings rate.
19 Dec 2018
Over the years, my life has gotten increasingly digital, without me even realizing it. Take for instance, payments. Typically, I pull out a debit or credit card to pay for store purchases. Online bill pay works for the monthly bills. And for splitting dinner bills, classroom payments, sports fees and babysitters, P2P does just fine.
18 Oct 2018
Continuing to notch wins for its mobile banking app, BBVA Compass Mobile Banking was recently recognized as one of the top five banks in mobile deposit user experience in the 2018 Mobile Deposit Benchmark Report. The report, conducted by fintech and digital commerce research firm Futurion, was sponsored by Mitek, a global leader in mobile capture and digital identity verification solutions.
08 Aug 2018
24 Jul 2018
At the bottom of every check you write and every check you cash or deposit, you’ll find a long string of numbers: nine digits, then a colon followed by eight more digits, one more colon and another four digits. But what do those 21 numbers really mean?
20 Jul 2018
LOL. BRB. AFK. BTW. IMHO. Social media and texting have made this kind of alphabet soup ubiquitous. But what about FDIC? You see those letters on nearly every bank branch and every bank website you visit. But what do those letters mean? What do they even stand for?
25 Jan 2018
According to a recent Bankrate.com survey, just four in ten people indicated they were able to cover an unexpected $1,000 expense without going into debt to do so.
For these people, a savings plan is the obvious answer, but for the many Americans living paycheck-to-paycheck, even the smallest savings can feel out of reach. But it doesn’t have to be that way. Below are five tips to help you get started saving today.
24 Jan 2018
Around seven years ago, in the wake of recently enacted regulatory changes, the availability of free checking accounts started a slow descent into oblivion as banks grappled with how to adjust business models.
Fast forward to today, and banks are still grappling with the issue, as evidenced by a recent bank’s announcement that it would be eliminating its free checking account and moving customers into an account charging a $12 monthly fee – unless the customer maintains a direct deposit of $250 or more, or a minimum daily balance of $1,500
06 Sep 2017
UK Challenger bank Atom is making its first move overseas by beginning to offer savers in Germany access to its products.
The app-based bank, which is part owned by BBVA, has partnered with Deposit Solutions in order to launch fixed-rate products to customers in the country.
29 May 2017
The European Union has finished the first half of its match to create a common capital market among the 27 EU member states. But there’s still a second half ahead, with obstacles such as how to continue the project without the United Kingdom.
20 Apr 2017
As part of BBVA Compass’ promotional campaign, Check It Out, Houston-area client Derrick Russell was recently awarded $1,000 for depositing a one-penny check through the Mobile Deposit® feature on the BBVA Compass Mobile Banking app.
19 Apr 2017
The European Commission is currently seeking to answer this and many other questions that citizens have posed about retail financial services. In 2015, the Commission launched a public consultation that is set out in a document containing requests from citizens, presented by the European Parliament at the close of 2016. The next step was the publication of the Consumer Financial Services Action Plan: Better Products, More Choice, with specific proposals for eliminating the barriers to retail banking in Europe.
07 Mar 2017
With a cash-back incentive, BBVA Compass aims to boost client engagement and awareness around the convenience of depositing via its award-winning Mobile Banking app.
21 Feb 2017
19 Oct 2016
The core activity of a bank is financial intermediation. This function entails using resources from customers (liabilities) to offer financing to the same or other bank customers (assets). Therefore, it is essential to be able to understand a bank’s balance sheet and each line linked directly to customers.
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.
15 Sep 2016
01 Jul 2016
13 May 2016
A bank is not like any other company. Its main activity consists of using money from savers to lend to those requesting credit. This means that a bank’s balance sheet is somewhat different from a company that is not a financial institution. To be sure you’ve got it clear, we have summarized the main characteristics of a bank’s balance sheet below.
12 Jan 2016
Today, if a bank defaults, the Spanish deposit guarantee fund will guarantee the deposits of each investor up to a maximum amount of €100,000. However, the European Commission wants this to be an issue that no longer depends on the jurisdiction of each country. Europe is taking a step forward and wants to ensure all European citizens’ deposits have the same guarantees. To what amount? Also to €100,000.
21 Dec 2015
Don’t miss Carlos López-Moctezuma’s interview featured in CNN en Español’s GloboEconomia, From CNN’s studios in Wall Street (New York), BBVA’s Head of Financial Inclusion and Easy Banking of BBVA explained why there are still over 2 billion people across the world (38% of the total adult population) that still don’t have access to financial services, not even a bank account, and what a bank like BBVA is doing to include them in the system. New mobile payments and online banking technologies are key.
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.
08 Jul 2015
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.