BBVA has announced the execution of a Memorandum of Understanding (MoU) with Salesforce, the world’s #1 CRM company, to strengthen its Customer Relationship Management (CRM) strategy using Salesforce’s cloud computing services. The agreement is part of a series of projects that BBVA is forging with strategic partners to be a more flexible and scalable digital bank. Salesforce Vice Chairman, President & COO Keith Block and BBVA CEO Carlos Torres Vila closed the MoU during a ceremony in San Francisco.
BBVA is the first financial institution in Spain to launch the ‘Online Onboarding’ via mobile, which allows anyone to open an account in just a few minutes and start banking right away. This new service uses an innovative procedure that verifies a customer’s identity through a selfie and a video call.
Fintech firms could be the saving grace for the U.K.’s financial sector, but greater complications to attract global talent could pose a serious problem. It all depends on the political negotiations.
Which of these is most likely to happen in financial services?
- Self-insuring products?
- Drone-based banking?
- API banking platforms?
The financial world has spent the past few years trying to decide what to make of blockchain - the automated ledger that supports the bitcoin cryptocurrency. Could it be a gold mine for banks looking to make their back-office systems more efficient, driving costs from the business? Or is it just another techno dead-end, a clever idea but one that lacks sufficient profitable uses to be worth deploying on a large scale?
With the final presidential debate in Las Vegas wrapped up and the entourage moved on, a new show with an arguably larger supporting staff is heading into town. Now in its’ 5th year, Money20/20 will host over 10 000 guests over four days this week, eager to learn about how technology is changing digital financial services and meet the people behind it. So what are the things to look out for at this key fixture on the fintech calendar?
Madrid – BBVA today announced a global agreement with Amazon Web Services (AWS) that aims to accelerate BBVA’s global transformation through cloud computing. The agreement, which is part of a series of accords that the Group is forging with strategic providers, turns AWS into the preferred cloud infrastructure services provider for BBVA.