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.
03 May 2018
Human rights are an essential element of BBVA’s purpose: “to bring the age of opportunity to everyone.” Its Commitment to human rights, approved in 2018, sets the foundations for further progress in that direction, involving all the people who work in BBVA’s ecosystem.
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.
02 Mar 2018
Fair-trade coffee, quality guarantee, ecological tomatoes… consumers read the labels on the things they eat. But is there any way of checking that what they say is correct? In order to do so, you would need a register of the processes to which the product has been submitted, something blockchain can do.
21 Feb 2018
BBVA Compass and Opportunity Finance Network are putting out the call to dedicated leaders at community development financial institutions and inviting them to apply to the Opportunity Fellows Program, their joint initiative to boost the CDFI industry’s leadership ranks and spur greater access to capital in under-resourced communities.
29 Jan 2018
Your ability to build strong relationships with colleagues is critical to the success of your career. It opens doors to key projects, personal development, mentoring opportunities and promotion.
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.
28 Dec 2017
Sustainable Development is essential to achieving more peaceful and just societies and the United Nations counts on the private sector to help in this effort. The BBVA Microfinance Foundation (BBVAMF) has contributed its experience in the finance sector to the report entitled “Business and SDG 16: contributing to peaceful, just and inclusive societies,” drawn up by the Sustainable Development Goals Fund and the University of Pennsylvania.
19 Dec 2017
Chad Houser of Dallas-based Café Momentum, a restaurant training platform for juvenile offenders, won the top prize of $50,000 last week as the BBVA Momentum program for social entrepreneurs closed out its inaugural season in the U.S.
04 Dec 2017
All organizations operate at what is known as the edge of chaos. It is a transition space between order and disorder, a region of bounded instability, where forces both progressive and conservative battle for control. A manager may have a three-year strategy, and the protocol, teams and departments in place to deliver it, but realizing that strategy means contending with countless disruptive events; a new competitor entering the market, a shift in consumer behavior – even, perhaps, the manager’s own desire to retire to a quiet village on the countryside.
29 Nov 2017
Whether it was an image of a dog, a grumpy cat, a disguised hyperlink to Rick Astley, or an illustrated stickman called Bill, you’ve probably seen – and maybe even shared – a meme in the past 24 hours.
31 Oct 2017
The social entrepreneurs selected for the inaugural U.S. class of the BBVA Momentum mentorship program dove into the details of business-building in their second session with top-flight educators at the University of Texas at Austin.
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.
17 Oct 2017
Sex, religion, and politics, along with harmony and trust, gave birth to money. At first, there was barter. Later came coins and bills, which have now given way to the network age, a world in which space and time have disappeared and transactions are conducted in bits. In order to understand the present and predict the future, Chris Skinner reflects on the history of money in his book, ‘The Next Step: Exponential Life’, which can be downloaded online free of charge as part of BBVA’s OpenMind project.
10 Oct 2017
The development of new technologies as a means to alleviate workloads is part of the day to day running of businesses. Increasingly, robots, artificial intelligence, and computer algorithms are taking over humans in the execution of mechanical tasks. However, many theoreticians are wary of the consequences this development will bring upon the workplace. Darrel M. West discusses the impact of these emerging technologies on society in the book ‘The Next Step. Exponential Life’, which can be downloaded for free from the BBVA OpenMind project website.
20 Sep 2017
Doing business is no longer enough. One of the trends in business is also having a positive impact on society. The key is how to make it profitable.
01 Sep 2017
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.
09 Aug 2017
In 2007, one of the biggest financial crisis in modern history started, one that has brought drastic changes to the world’s economy.
The bursting of the financial bubble caused by subprime mortgages triggered a deep economic recession, especially in countries such as Spain. The crisis also resulted in record-high unemployment rates that still affect large segments of the population. This is how the crisis that started a decade ago has evolved and affected people and the economy.
27 Jun 2017
Low- to moderate-income seniors have a new place to call home in Huntsville, Ala., after the grand opening on June 15 of Lenox Park Apartments, a 60-unit development financed by BBVA Compass.
15 Jun 2017
Dozens of families in one of the areas where the country’s digital divide is the widest will be getting free internet access thanks in part to BBVA Compass’ steadfast commitment to using the power of digital to create opportunities in its communities.
06 Jun 2017
Twenty social entrepreneurs from Texas who have channeled their passions into solving an array of society’s issues were selected to join the inaugural U.S. class of BBVA Momentum, an intensive seven-month training program for those who want to change the world through their work.
20 May 2017
“Plain language entails putting readers first: discovering what they want to know, what information they need and helping them meet their goals. The goal is for readers to be able to understand a document written in plain language the first time they read it. But plain language doesn’t only have to do with language: it also includes the design, layout and mucho more.”
International Plain Language Federation
11 May 2017
Free Wi-Fi, reservations by mobile phone or requesting a massage via WhatsApp. Travelers today are digital and hotels cannot ignore the needs of their guests – even though new concepts are appearing where disconnecting is in vogue, such as Digital Detox. Modern travelers can choose the option that best suits their needs.
30 Mar 2017
There has been an increasing focus on sustainable finance and on the impact of the climate change for the financial stability since 2015 year. Having said that, sustainable finance and the analysis of the consequences of climate change for the financial system are still in a very nascent stage and there is still a lot of work to be done. Two leading projects that are a step in the right direction are those of the Financial Stability Board (FSB) Task Force on Climate-related Financial Disclosures (TCFD) Recommendations -at global level- and the creation of a European Expert Group on sustainable finance -in the EU.
29 Mar 2017
After a years of steep deterioration, Uruguay has managed to partially recover some of the ground lost after a historic fall in productivity. Despite this, a person working in Uruguay today reaches an average productivity slightly above 40% of the level they would achieve working in an advanced economy. How is this possible? What can be done? This paper sets out a potential explanation and suggests a line of action for further progress.
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.
09 Mar 2017
BBVA launches the sixth edition of its social entrepreneurship support program, which from now on will be global – it will be developed in Spain, the United States, Mexico, Turkey and Colombia –, will offer support to more companies and will adjust better to the reality of social entrepreneurs. BBVA Momentum channels its support through five initiatives: a training program; a strategic mentoring program; a network of entrepreneurs, customers and investors; collaboration to provide visibility to the companies; and, finally, funding.
03 Mar 2017
Nobody wants to go into a care home. Based on this premise, Saraiva Senior, a project by Sacendi (a social and healthcare company that provides integrated services for the elderly in Pontevedra), aims to implement a new approach to care for the elderly. The company, a participant in BBVA Momentum, BBVA’s support program aimed at social enterprises, is determined to change mindsets, promote a positive vision of aging and renew the traditional concept of the care home. The director of this social enterprise, Lucía Saborido, its associate director, Noelia López and its technical director, Ricardo Fra Otero, explain how.
01 Mar 2017
Francisco González, Group Executive Chairman of BBVA, presented the book The Next Step: Exponential Life in an event held at the Massachusetts Institute of Technology, This work collects the insights of twenty of the world’s most authoritative voices in a number of fields, analyzing the tremendous opportunities – and the risks and uncertainties – that the so-called “exponential technologies” will bring to humanity
23 Feb 2017
Thirty years ago, microfinance revolutionized the market with affordable loans for the disadvantaged. Until then, the most vulnerable population segments were left out on the fringes of the financial system, and had no way of accessing credit. Today, with 2 billion adults still unbanked, new technologies are emerging with the potential to reach more people at a lower cost. But this opportunity is having a challenging impact on the current microfinance model, which was built on the pillars of personal relations and trust.
16 Feb 2017
This month’s BBVA Compass Volunteer Summit in Houston brought together the bank’s top volunteers – employees who step up beyond their regular jobs to help lead the bank’s community efforts.
03 Feb 2017
The U.K. is convinced that London will continue to be Europe’s fintech capital and a global financial center after Brexit. But other European capitals are hoping to take its place. It will all depend on the long negotiation about to begin between the EU and the U.K.
19 Jan 2017
16 Nov 2016
Javier M. Flores, CEO of the BBVA Microfinance Foundation, renewed the foundation’s commitment with the Sustainable Development Goals Fund until 2019. During the session held at the headquarters of United Nations, the SDG Fund also presented the report “Universality and the SDGs: A Business Perspective”. This publication examines some of the key issues facing companies when incorporating and implementing the SDGs within their core strategy.
03 Nov 2016
02 Nov 2016
Fintech firms could be the saving grace for the U.K.’s financial sector, but greater complications to attract global talent could pose a serious problem. It all depends on the political negotiations.
13 Oct 2016
Over the past five years, media hype over these concepts has led to the success of numerous projects… but also completely the opposite. Knowing how to distinguish the financial terms is a good idea to access financing with the minimum security necessary to be an entrepreneur.
03 Oct 2016
A few days ago, Junior Achievement Europe and VISA published an interesting report on the financial skills and abilities young people should possess in today’s world, “a world of virtual currency and financial complexity”. Vienna University of Economics & Business collaborated in the study that interviewed 445 executives in 39 countries.
31 Aug 2016
The data generated by the endless amount of operations we engage in every day: transactions, medical inquiries, online publications… have paved the way for the ascent of the data analyst profile. A professional whose work is shrouded in myth and mystery.
30 Aug 2016
29 Aug 2016
The concept of teamwork is so ingrained in companies and organizations that practically no one dares to question it. Milovan Dragañac [BBVA Peru] thinks there is a better way.
05 Jul 2016
04 Jul 2016
BBVA Group and the Regional Government of Catalonia signed a deal to roll out a social housing project. Within the framework of the agreement, the institution will temporarily transfer tenancy rights over 1,800 housing units to the Generalitat. The 8-year agreement also sets out a social inclusion plan to improve the personal prospects of the beneficiaries. With this social agreement, BBVA’s social housing portfolio now stands at 7,000 units in Spain.
The Americas receive more tourists than anywhere else in the world. Nearly 191 million people decided to travel to there last year, according the World Tourism Organization. This represented a 5% increase in international tourism, mainly boosted by the appreciation of the dollar. But before you head for the Americas, it’s important to keep in mind a few health tips.
01 Jul 2016
What connects a customer who is about to lose two million Mexican pesos (nearly 100,000 euros), soy milk, butterflies, and children who immigrate to the United States? One person. Her name is Amelia Aguilar and she is the manager of a BBVA Bancomer branch in Puebla, Mexico.
21 Apr 2016
The bank in Colombia has adopted collaborative, agile work methodologies, involving dozens of people from different areas in the process.
20 Jan 2016
One of the main motivations for Pilar Aguilar, managing director of Endeavor Mexico, is the number of new projects that innovative Mexicans propose within the entrepreneurial environment. Her work focuses on selecting some of those ideas that can become a sustainable model, and even better if they have a social perspective. She is one of 33 players promoting innovation in Mexico.
23 Dec 2015
World trade has cooled down in an economic climate of moderate growth and uncertainty in emerging countries, precisely the drivers of dynamism before the 2007-2009 crisis. But what have also been slowing down over the past decade are the pre-crisis liberalization movements. Instead of falling, some tariff and non-tariff commercial barrier have been bolstered in some key economies, resulting from initiatives that are detrimental to society’s wellbeing, to corporate earnings, to the availability of goods and in terms of both quantity and prices for consumers.