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Fintech

Fintech

BBVA openpay_apertura

As part of its ongoing efforts to accelerate transformation by growing its portfolio of digital businesses, BBVA has signed an agreement to acquire Mexican startup Openpay, a company that offers a broad range of advanced online payments solutions and functionalities.

Blockchain technology is presented as a veritable revolution, which is going to have an impact comparable to the Internet. Alicia Pertusa, head of Digital Transformation in Investment Banking for BBVA and Carlos Kuchkovsky, CTO of New Digital Business for BBVA, discuss in this conversation the point at which this technology is at, its advantages and the barriers that still have to be overcome.

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One of the jewels in BBVA Compass’ mobile crown just got a little brighter.

BBVA Wallet, the digital wallet alternative that gives clients a convenient way to monitor and safeguard their BBVA Compass credit and debit cards, recently surpassed 200,000 downloads in the U.S. It passed the milestone just a year and a half after its U.S. launch and well ahead of schedule, demonstrating the hunger among consumers for convenient solutions that give them greater control over their finances.

Echoing Bill Gates’ prediction about the internet, Satya Nadella says AI will revolutionise technology. Microsoft’s ability to capitalise may hinge on the success of his three-year effort to reboot its culture. By Richard Waters

Microsoft is about to face its next big disruption. The world’s biggest software company has come up against a series of threats over the past two decades. The internet, smartphones and cloud computing each represented big opportunities for the tech industry - while also eroding the power of the company whose PC software monopoly once made it the industry’s most feared competitor.

API, SaaS, KYC… Reading an article about fintech firms can seem like an impossible task – something only possible for experts from the industry. But these acronyms and initials are hiding concepts that are actually quite simple, and becoming familiar with them is essential to understanding the fintech revolution. Here are ten key terms that are very common in the sector.

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“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".