Finance
Finance
A company will pay up to $10 (around 8 euros) for access to your social network accounts, credit card transaction records, and other personal information, and will sell insights gleaned from that data to companies looking for information on consumer behavior.
BBVA Compass’ efforts to give customers clear and transparent banking is getting some well-earned recognition, with comparison site WalletHub giving it the second-highest score in its 2014 Checking Account Fee Transparency Report. The news comes on the heels of the bank’s improved scores in a Pew Charitable Trusts study that evaluated leading U.S. banks’ checking account practices.
At a meeting today in Paris BBVA Chairman Francisco González emphasized that “financial literacy should be promoted in all stages of life, starting with the very young, and it should form part of educational curricula.” During the launch of the OECD PISA report on financial literacy, he pointed out that “financial education is a priority in our Responsible Business Plan” and added that “about 2.4 million people –customers and non-customers- have benefited from our educational programs.” Since 2010 BBVA has helped the OECD with funding for the PISA report on the financial literacy shown by 15-year-old students from 18 countries.
"It's not outsourcing; it's crowdsourcing" published Wired in its June 2006 issue 2006, thus creating a neologism that from then on would be used to describe problem solving and/or idea generating through an open and participative process. Since then, the big companies have been using this procedure more and more. Examples are:
Computer studies, sciences and development
Francisco González: "The important decisions in digital banking were taken seven years ago"
This morning BBVA Chairman Francisco González explained how the bank is ready to cater to the needs of a generation of customers who grew up using the Internet, after completing its new technology platform over the past few years. He said, “In digital banking the really important decisions were taken seven years ago”.
The digital economy goes much further than simply using the new technologies; it is a way of re-thinking the company.