At a time when everyone is wondering whether there is still innovation to develop new products and services, Fintech appears on the horizon as the great trend to follow. A movement where a lot of small companies want to change the way we understand financial services by using technology.
Fintech
Fintech
Although a few years ago security was one of users' main concerns when making virtual payments, today consumers are more confident about the ubiquity of their cellphones and the payments they make, although the fears that deter them from unlimited use of their wallets include identity theft or additional charges on their purchases.
2015 is up and running and looks like shaping up to a year in which cell phone payment technologies are to become increasingly more important and widespread: it is expected that in the course of 2015 their use will rise, with cell phone payments set to increase by 60.5% thus setting the figure at 47,000 million. Sector competition is also expected to rise.
33% of Americans in the so-called millennium generation believe they will no longer need banks in coming years. In view of these data, capturing customers from among this new generation is shaping up to be a major challenge.
At BBVA Innovation Center, DJ Patil has left us some tips for being a good scientific data, and to know how they should be working methodologies of a team of Big Data and what are the guidelines for a great service to Data help improve our company and our customers.
Snapcash, the new function of the Snapchat instant messaging app, makes sending money as easy as sending a message with a cell phone.
BBVA’s Data Processing Center (DPC) in Tres Cantos (Madrid) has been awarded the Tier IV Gold Certification of Operational Sustainability from the Uptime Institute. This is its highest rating in operational sustainability, which makes BBVA the first bank with such advanced installations in Europe.
Computer studies, sciences and development
BBVA, Dwolla team up to offer real-time payment innovation to U.S.
BBVA Compass today announced an agreement that opens its technology platform to payments innovator Dwolla, allowing customers of the bank to use the Iowa startup’s real-time network to make money transfers.
“What does the millennial generation mean for technology makers?” This is the big question that Jake Wobbrock, CEO and co-Founder of AnswerDash, tackles in a recent article published in the Wired "Innovation Insights" community.
Clausematch and Counterest have won the BBVA Open Talent 2014 Europe contest for the New Banking and Digital Life categories. Both startups won a prize equal to 30,000 euros in the form of a contract with BBVA, which allows them to test their product or service. European entrepreneurs accounted for the largest number of projects submitted to BBVA Open Talent 2014, with 402 projects. Spain boasted the most participants in the European edition, although the United Kingdom, Germany and France played also played a major role.