Can Big Tech take the place of banks in the financial services sector? According to Francisco González in his op-ed article in today’s edition of Financial Times, while the Big Tech’s threat is widely known, digitization opportunities for some banking institutions are less evident.
A study reveals that banking applications in the U.S. are already being used to the same degree as social media and weather apps.
Fund managers are easing their way into the digital world but will have to up the ante as customer experience and customized offers become a must for their survival.
Fintech news went the way of regulation both on a global and national scale this week. One constant is the rise in funding, which saw a spike in the last quarter.
Every year BBVA’s Open Talent competition sees an increasingly diverse range of entrants from all over the world, each of who is hoping to make business more effective through technology and the way it interacts with financial services.
Specialized magazine Euromoney names BBVA Bancomer “Best Bank in Mexico” for second year in a row, and “Best Investment Bank.”
BBVA Colombia has been recognized as the best bank in the country by Euromoney magazine, thanks to the progress made in the digital transformation process that the institution launched a few years ago. Other reasons cited by the publication that merited the award include the expansion of the institution’s digital customer base, its financial results and its solid market position.
BBVA has been recognized in five different categories at the year’s ‘Euromoney Awards for Excellence’. The bank received honors in regional categories like “Latin America’s best transactional bank”, and country categories such as “Mexico’s best bank”, “Mexico’s best investment bank”, and “Colombia’s best bank”. BBVA’s Turkish franchise Garanti was also recognized as “Best bank for sustainable finance.”
The world of business is constantly coining new terms to name and categorize emerging concepts, ideas, technologies and activities that existing words struggle to convey. In this article we’ve assembled a list of relevant neologisms that will help you keep up with what’s happening in the field of digital innovation.
Europe included cybersecurity as one of its priorities in the European Council meeting in June. Some 69 percent of European companies lack basic knowledge about their exposure to cyberattacks despite 80 percent of them having suffered some type of cyber-incident in the past year. With this in mind, the European Parliamentary Financial Service Forum (EPFSF) organized in the European Parliament a session for cybersecurity experts to suggest ideas to face the risks in the internet.
BBVA keeps making headway in its transformation to become a fully digital organization. Madrid hosted a new quarterly global planning meeting where the company confirmed its commitment to materialize over 160 projects.
The future of the financial sector lies in its seamless integration into all sorts of devices. Biometrics, APIs and chatbots… there is mounting evidence that we might be in the early stages of the new era of everywhere banking.