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Fintech

Fintech

BBVA Salesforce 2 SFO

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.

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?

Propel Venture Partners, the San Francisco-based venture capital (VC) partnership in which BBVA is an investor, today announced its investment in Hixme– its sixth investment since the establishment of the U.S. fund in February this year.

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?