Close panel

Close panel

Close panel

Close panel

Fintech

Fintech

“Strategic alliances with fintech players” was one of the points highlighted by Carlos Torres Villa, COO of BBVA, at Money 20/20 Europe, the event of reference for the fintech sector, which held its first European edition in Copenhagen. At the meeting in Denmark, Torres Villa insisted that "BBVA will have an increasingly more important role in the innovation ecosystem thanks to our internal initiatives, our strategic alliances with fintech players and the use of our platform to build open APIs as a lever for growth".

Global bank, local innovation

BBVA Paraguay is part of a sound, consolidated group, with the track record, tools and processes that makes it a solid and respected bank across the country. Given the current challenge posed by the digital transformation, the bank is using its experience to reinvent itself and adapt to the local ecosystem, updating the products and services it offers in an agile manner.

The newspaper Expansión has given prominence to BBVA's open innovation strategy in the second edition of the awards for the "50 best digital ideas". The intention of these awards is to recognize the efforts of Spanish companies and institutions to adapt their processes and services to the new digital economy.

“SWIFT is aware of a number of recent cyber incidents in which malicious insiders or external attackers have managed to submit SWIFT messages from financial institutions' back-offices, PCs or workstations connected to their local interface to the SWIFT network".  This statement was issued in April 2016 by SWIFT, the global financial network used by 11,000 institutions from 200 countries to transfer billions of dollars every day.

"If you can't beat them, join them," could well be the mantra for the world's central bankers. Having watched as bitcoin went from obscure experiment in digital money to a currency with a market value of almost $10bn, they themselves are now experimenting with digital currencies rather than waiting idly to be swept away by the tide of technology.