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Fintech

Fintech

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.

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.