24 Jul 2019
Behavioral economics, the study of human behavior regarding decision making, is the latest field of study BBVA is using to improve customer experience and simplify banking for its customers.
12 Jul 2019
Decision making can be psychologically, emotionally and sometimes even physically exhausting. That’s why all of us have created mental shortcuts, biases, and preferences that help us make decisions. While this can save us time and fatigue, it doesn’t always help us make the best decisions.
25 Feb 2019
To trust or not to trust? This is the question that will redefine success in the digital age. Atom Bank, the first mobile bank in the United Kingdom has been called on to analyze the driving factor behind this new challenge, thanks to an agreement that secures their participation in a three-year project with Newcastle University. BBVA owns a 39 percent stake in Atom Bank.
07 Dec 2018
Nothing can prepare you for the loss of a spouse or partner. The emotional burden alone is enough to virtually paralyze even the strongest and most organized people. But the logistics in the aftermath of a death in the family can also be staggering. That’s why it is so important to prepare yourself and your family well in advance.
01 Dec 2018
20 Nov 2018
For some of us, Thanksgiving Day with its turkey, stuffing, mashed potatoes, gravy, green bean casserole and pie is just carb-loading for the race that will be run the day after, and by race, we mean the one to be the first one in the doors to nab some blockbuster deals on Black Friday.
26 Oct 2018
If you’re like most people, there’s not much more terrifying than that countdown to Christmas: only 120, 75, 15 days until Christmas. Not only does it trigger the anxiety to both start and finish shopping, it also usually comes with a mild panic about how to fund all those purchases.
14 Sep 2018
Your credit score. Just three little numbers that can impact your credit card interest rate, how much you can borrow, and sometimes even whether you’re qualified to borrow money or not.
11 Sep 2018
Understanding money seems simple enough, right? You earn it, you owe it, you spend it. Simple. But studies show that people who take the time to learn and understand some basic financial information are better off now and more likely to achieve their short- and long-term financial goals in the future.
05 Sep 2018
Anne-Joëlle Viguier-Galley is BBVA Compass’ Chief of Equity and Alternative Investments for the bank’s Global Wealth team. She also doubles as the Chief Investment Strategist for BBVA Wealth Solutions, Inc., the bank’s investment adviser affiliate.
Money isn’t very valuable if you can’t spend it. And during disaster situations — from tornados to ice storms and everything in between — a power outage could leave you feeling penniless, without access to ATMs, online or mobile banking, or debit card transactions.
24 Aug 2018
As a Certified Financial Planner, it makes sense that BBVA Compass Investment Solutions Executive Director Lorin McMurray would run the gamut when it came to saving for his children’s college, having an investment in a prepaid plan from his home state, a 529 savings plan and a custodial account. Even still, he says, “College will cost you more than you ever thought.”
16 Aug 2018
06 Aug 2018
In May 2018, the Federal Bureau of Investigations released its 2017 Internet Crime Report from its Internet Crime Complaint Center, or IC3. According to the report, in the last year, $1.42 billion in total losses was reported, all attributable to Internet crime. The crime reporting the biggest monetary loss was related to Business Email Compromise/Email Account Compromise (BEC/EAC).
30 Apr 2018
BBVA Compass is proud to celebrate those who help others develop healthy money habits. The bank’s own Carla Tessman is certainly deserving of such celebration. She teaches financial education classes at Houston’s Harris County Jail to prepare female inmates for a future beyond bars.
17 Apr 2018
Among the many perks of homeownership is the equity you build over time as your home appreciates and your total loan amount decreases. Equity is an asset that you can use in a variety of ways, including borrowing against it in the form of a Home Equity Line of Credit, or HELOC.
If you’re a homeowner and in the market for a loan, a HELOC may be the right option for you. To find out more, read on to understand what a HELOC is and how it works.
09 Apr 2018
The BBVA Compass Mobile Banking App has won multiple awards for its functionality, including most recently being recognized as a 2017 Mobile Banking Leader for Ease of Use by Javelin Strategy & Research.
From depositing checks to setting up direct deposits from the app and transferring funds, BBVA Compass has worked hard to put the power of the bank in customer’s hands, giving them always-on access and powerful functionality to conduct their financial lives as they see fit. With so much functionality, and more constantly being added, BBVA Compass has created a series of videos that explains the functionality and empowers the consumer to stay in control of their own financial journey.
05 Apr 2018
23 Mar 2018
For Kevin Cox, the adage ‘time is money’ was never more true than when he applied for the BBVA Compass Express Personal Loan.
The Locust Fork, Ala. resident was the bank’s first digital customer for the personal loan product, starting and completing his journey from application to funding in fewer than 13 hours. According to Cox, when it comes to his financial life, ease and convenience are everything, and the BBVA Compass Express Personal Loan fit the bill precisely.
16 Mar 2018
When it comes to obtaining credit, there are many different types of loans for many different uses, from buying a home to paying for education and remodeling. When it comes to the way those loans are repaid, two of the most common are installment and revolving.
Let’s take a look at the fundamental differences of each.
14 Mar 2018
According to a study from Spectrem Group’s Market Insights Report 2017, there are just 10.8 million millionaires in the United States. Assuming you’re not one of them – and let’s face it, most of us aren’t – there are certain purchases that require a loan. Loans for these purchases – houses and cars among them – most often take the form of an installment loan, which begs the question: What exactly is an installment loan?
12 Mar 2018
BBVA Compass, the U.S. subsidiary of the global financial services group BBVA, now offers near instantaneous decisioning and potential same day funding for both customers and non-customers with the footprint wide(1) opening of the fully digital BBVA Compass Express Personal Loan.
With the Express Personal Loan, customers and prospects can consolidate debt or fund large purchases with a low-interest personal loan that provides near instantaneous decisioning. Applicants with a BBVA Compass checking account can get same day funding upon loan approval. The loan, which represents months of effort across the entirety of the bank, underscores BBVA Compass’ drive to digital transformation and achieving excellence in customer experience.
14 Feb 2018
BBVA Compass continues to create opportunities for its clients, consumers and communities throughout its footprint, focusing on impactful hyper-local initiatives. Published on the bank’s global news platform, bbva.com, the articles below highlight BBVA Compass’ commitment to being an engine of opportunity within the communities it serves, and a bank with a mission of providing insights and services that help position its clients and consumers for a bright financial future.
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.
10 Jan 2018
Goodwill Central Texas will open a new hub for financial education as part of the future Goodwill Career and Technical Academy, with funding generously provided by the BBVA Compass Foundation. The BBVA Compass Center for Financial Education will break ground in late 2018.
18 Dec 2017
Global Finance magazine has chosen BBVA as the best private bank in Latin America in its “World’s Best Private Banks 2018” awards. Among its attributes, the magazine said, are the Group’s “high technology credentials”.
14 Dec 2017
The U.S. Congress got a step closer to improving access to mainstream financial services for the underserved and unbanked with the inclusion of the MOBILE Act (H.R. 1457) as part of an amendment to the banking regulatory relief bill that was reported out of the Senate Banking Committee last week, and the standalone bill reported out (by 60-0 vote) of the House Financial Services Committee this week.
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.
03 Nov 2017
19 Oct 2017
BBVA Compass and the Houston Dynamo wrapped up their joint campaign to raise money for Hurricane Harvey relief efforts with a series of community events that ended when the Dynamo took the pitch at BBVA Compass Stadium for the Ninth Annual BBVA Compass Dynamo Charities Cup.
29 Sep 2017
BBVA Compass has appointed its former Chief Fiduciary Officer Donette Stubblefield as its new Houston Market Global Wealth Executive, where she will lead all Global Wealth operations in the market.
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.
28 Jul 2017
Consumer debt in the U.S. continues to be pervasive some seven years after 2008’s economic downturn. If you count yourself as one of those still struggling, take heart. With a dose of discipline and self control, you could potentially loosen debt’s vice grip on your life.
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.
13 Jun 2017
Edufin Summit 2017, the first annual meeting of the BBVA Center for Financial Education and Capability, has a packed agenda full of the sector’s latest trends. One of the most relevant topics at this summit will be behavioral economics, or in other words, how people’s behavior affects the economy.
11 May 2017
Teaming with world’s most famous hacker Kevin Mitnick, BBVA Compass has been traveling across its markets and sharing cybersecurity insight in a quest to put its clients at the forefront of the new digital frontier.
20 Apr 2017
BBVA Compass and NBA Legends TJ Ford and Robert Horry tipped off an NBA Cares event on Thursday to inspire and teach financial literacy to local students at Houston’s John F. Kennedy Elementary School.
11 Apr 2017
BBVA Compass enlisted NBA Legend Bob Lanier and WNBA Legend Allison Feaster to tip off a WNBA Cares event last Thursday to inspire and teach financial literacy to local students at McAllen ISD’s Victor Fields Elementary School.
30 Mar 2017
On Wednesday, former black hat hacker turned security consultant Kevin Mitnick headlined BBVA Compass’ Bright Perspectives event held in Jacksonville, leading the minds of Northeast Florida clients on dynamic business technology topics such as cybersecurity.
29 Mar 2017
Nearly 200 BBVA employees, from both global and local teams, met on March 21st in Madrid for the Second Global Quarterly Planning Session. The goal of the event was to expedite the execution of the products and services the bank is developing, converting them into customer experiences. Global Executive Chairman Francisco González participated in the session, indicating that “BBVA has a unique opportunity to be one of the big ‘players” in the global financial system.
24 Mar 2017
BBVA Momentum is not your typical business funding program, because it places a special emphasis on strategic mentoring, training and support. However, businesses enroll in the program for a number of reasons, including the possibility of being awarded a cash prize that will allow them increase their impact. For this reason, the new edition will continue providing access to investment, but with a different approach.
16 Jan 2017
When the U.K. voted to leave the EU vote on June 24th, a series of unknowns started to emerge that have Europe in suspense to this day. Among the many questions to be resolved, the referendum has called into question London’s status as the financial center of Europe.
11 Nov 2016
Speaking in Seville, BBVA’s Executive Board Director explained that the reason why Spainis growing at a much faster pace than Europe is because the country has tackled very importantreforms in recent years. However, “we need measures capable of bolstering productivity in Spain,” pointed out José Manuel González-Páramo during his address in the context of the 6th Assembly of the San Telmo Institute Member Association, an event attended by King Felipe VI.
24 Aug 2016
BBVA Compass volunteers fanned out in 27 cities over 24 hours this summer to spread their expertise and a message of financial empowerment.
02 Aug 2016
The recent report, The Business of Financial Inclusion: Insights from Banks in Emerging Markets represents a new endeavor for the Institute of International Finance (IIF). It is based on the insights of 24 executives in charge of financial inclusion, a topic of growing interest.
15 Jun 2016
The digital transformation ripples across all areas of the financial system. In the investment portfolio management segment, algorithm based platforms are starting to challenge more traditional advisers. Are they an opportunity or a risk for the ecosystem?
13 Jun 2016
Structured products started getting special attention a few years ago, but remain the least known among the range of financial products that institutions offer.
19 Apr 2016
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