The European Commission (EC) and the European Banking Authority (EBA) have published their work plans for 2018. The documents describe the specific activities and tasks the organizations plan to carry out next year. Both proposals place increasing importance on the fintech sector, since it could bring about a radical change the financial industry.

A recent report by the Financial Stability Board (FSB), an international organization made up of national and regional banking supervisors, sets forth the need for financial stability regulations to expand their scope of action into areas such as Artificial Intelligence and machine learning.

Garanti Bank won the first prize in 2 different categories in Golden Spider (AltınÖrümcek) Web Awards, where the best Internet and web practices in Turkey are rewarded. Garanti Cep (Garanti Mobile) making things easier for the users with its renewed designand functionality, was selected the “Best Mobile Application” in the category of Banking and Finance whereas the website of Garanti Mortgage, “Garantimortgage.com” also received the “The Best Website Award” in the same category. Garanti Cep and “garantimortgage.com.tr”also won the people’s favorite award.

It might seem like simple advice, but it’s advice people should follow if they’re dedicated to rebuilding their credit score, according to a BBVA Compass expert with over 20 years of experience under his belt:

'The Banker' magazine, of the Financial Times group, has named BBVA Spain as the best private bank in the world for digital communication and BBVA Bancomer as the best private bank in Mexico. Meanwhile, 'World Finance' magazine has selected BBVA Continental as the best private bank in Peru.

The European Commission has withdrawn its proposal for Banking Structural Reform. Although originally considered fundamental for the sector, its principal objectives have already been addressed by other measures. How should this news be taken? In a recent note, BBVA Research considers this withdrawal —after four years without much progress— to be positive, since it supposes greater regulatory certainty for banks. The BBVA Research note also underscores the negotiation of two large regulatory packages: i) the revision of the prudential banking and resolution framework for European credit institutions and ii) the finalization of the Basil III framework.