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Fintech

Fintech

It’s a triple play for BBVA Compass’ mobile app, which was honored with the 2016 Javelin Mobile Banking Leader award for Functionality for the third consecutive year in Javelin Strategy & Research’s Mobile Banking Financial Institution Scorecard. BBVA Compass was also named a Leader in Most Comprehensive Alerts category for the first time.

In 2015, investment in fintech companies, backed by venture capital firms, increased by 106% to 13.6 billion dollars. Payment services and loans dominate the fintech market.

When we talk about the digital banking and fintech revolution, the first thing that springs to mind are the thousands upon thousands of apps developed for retail banking customers: Means of payments, funding, microcredit… However, digitization in wholesale banking is also becoming a reality, especially on the side of the development of digital channels aiming to offer more products and functionalities to business, corporate and institutional customers.

The CEO of TransferWise, the company behind the creators of Skype and PayPal which has transformed the scenario for transnational money transfers, has announced –for the thousandth time– the death of the most high-profile cryptocurrency.