The global remittance market is slated to be at an all-time high in 2017, according to BBVA Research’s Yearbook of Migration and Remittances, and the U.S. has the lionshare of the market.
BBVA and Covault launch new super-secure biometric solution to protect and share online identity
The security of online identity has never been a more pressing issue as more and more people bank, shop and run their lives through digital channels.
It was a record-breaking week for BBVA Spain, particularly in digital records. From Nov. 20 through Nov. 27, the period including "Black Friday” and “Cyber Monday,” the number of consumer loans contracted at BBVA Spain reached unprecedented levels, with 54% coming through digital channels.
The European Commission has published regulatory technical standards (RTS) that are part of the Payment Services Directive, or PSD2. The standards ensure greater security when paying for goods and services in Europe, as well as for third party access to bank customers’ data.
Near Field Communication (NFC) technology enables wireless communication between two electronic devices that are close to each other. This form of data exchange is not new – it first began to be used in 2002, although it wasn’t until 2016 and 2017 that many brands, banks and organizations included it in their business models. This has led to major advances in contactless and mobile payment methods, based on this technology.
The “Powerlist” celebrates the contributions and talent of women from different business areas who are shaping the future of the fintech sector. This year, the list includes four women from BBVA who play a significant role in the bank’s strategy.
“Sandbox” is one of the most common words in the fintech universe. In the financial industry, the term refers to a mechanism for developing regulation that keeps up with the fast pace of innovation.
BBVA backed Atom Bank has been named as one of the world’s top ten fintech firms for the third time in a row.
BBVA is close to passing another important online target as it continues to build out its digital banking capabilities.
Money 20/20 Las Vegas is without doubt one of the showcase events for technology and financial services in the world. Every years thousands of people involved in the industry, from big banks like BBVA to technology firms like Google and most importantly innovators and start-ups, gather to discuss the future of the industry.