What is transaction banking? It is the side of banking that addresses the operational needs and day-to-day transactions of business, corporate and institutional customers. It also provides cash management services where the short-term management of a company’s liquidity is a key, using instruments and services designed for the management of incoming and outgoing cash flows, international commerce, and asset management.
What is treasury management? For business owners and operators, this is a key term that could shed light on how your business needs to operate to succeed.
When it comes to moving money, speed is of the essence. One of the clearest – yet invisible – obstructions to money movement is a national border. Every time a transaction must cross a border, it encounters a number of points of friction that slow it down. These can be currency exchange, platform changes, new settlement rules, or more.
In 2017, BBVA Group paid €9.9 billion in taxes, a 5 percent year-on-year increase. The amount paid in worldwide taxes for its own business activities was €4.1 billion, 9 percent more than in 2016. For the sixth consecutive year, BBVA has voluntarily disclosed its total tax contribution, consisting of the total of its own taxes and those made on behalf of third parties, thus complying with its corporate principle of transparency and a commitment to social responsibility.
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.
The European Union has published its action plan for the promotion of the financial sector’s digital transformation. The plan includes the creation of an EU fintech laboratory to foster dialog between private and public sectors, the identification of best practices for regulatory sandboxes, and the creation of measures to facilitate the adoption of innovative technologies by the sector.
After the AGM’s approval of the financial statements for last year, BBVA has made available to the market the most salient information on the year in the 'BBVA in 2017' report. The report lays out in a simple and intuitive way details on the strategy and performance of the Group throughout the year, with the focus on matters of relevance for BBVA interest groups.
In a strong show of support Wednesday, the Senate passed a bipartisan financial regulatory reform bill by a favorable vote of 67-31.
The bill, S. 2155, the Economic Growth, Regulatory Relief, and Consumer Protection Act, includes an easing of regulations particularly for small banks, community lenders and regional banks and is widely seen as the most significant revision to financial rules since the sweeping regulatory reform known as Dodd-Frank was passed in the wake of the financial meltdown in 2010.
BBVA AGM approves the Group's financial statements with 99.67 percent of votes
The remaining items in the agenda were approved by a large majority.
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.