Digital banking, and its unstoppable growth, is a fact. According to a report by Juniper Research, by 2021, one out of every two adults in the world will user a smartphone, tablet, PC or smartwatch to access financial services. This forecast entails a 53% increase from to this year’s figures.
Fintech
Fintech
Due to a series of particularities, the Chinese market has risen as the role model in mobile payments adoption. Western economies have a lot to learn about a market that is valued at over $2.3 trillion.
Respected Spanish scientist Juan Ignacio Cirac believes that quantum computing could be a reality in 10 year's time. A super machine capable of performing calculations at breakneck speeds that will open uncharted territories in matters such as encryption.
Apple, Google, Microsoft are Samsung are just one of the most obvious names that spring to mind when speaking about innovation. However, other companies are proving that innovation is not the exclusive hunting ground of the big guns of the digital economy.
How to solve the low interest rate issue? BBVA today announces the launch of a new competition aimed at finding a solution to a worldwide banking issue facing both investors and customers alike.
In 2015, one in every 10 adults started using mobile banking only in the United States, which represents that the mobile customer base increased by 25 million users. But these numbers are not by any means likely to stay like that, because it is estimated to be a booming market: Consumers have purchased 28 million smartphones and 29 million tablets, suggesting that the niche of potential customers should be huge. But, how can they be won over?
BBVA leads the ranking of the 11 banks and fintech firms developing the best open platform strategy, according to 11FS. The fintech consulting firm notes that BBVA “has taken the bull by the horn” by making a wide range of APIs available to developers through the BBVA API Market.
Of the 1,586 craters in the Moon named after scientists, only 28 of them have been named after a woman. A revealing figure to kick off the Women in Data Science (WiDS) event in Madrid, organized by Stanford University to promote women’s work in a new field that is disrupting industries across the world.
The U.K. is convinced that London will continue to be Europe's fintech capital and a global financial center after Brexit. But other European capitals are hoping to take its place. It will all depend on the long negotiation about to begin between the EU and the U.K.
Collaborative Competition - ‘coopetition’ for short - is a term that has been floating around the Fintech and financial services scene for a few years now.