The possibility of using blockchain technology to monitor the origin of a product or to record intangibles, such as hours worked, opens up a new field that could revolutionize the concept of Corporate Social Responsibility. In this new post on #RevoluciónBlockchain, Iñigo Molero invites you to imagine the uses for a new mechanism to guarantee and give authenticity to companies’ social commitments.
The United Kingdom is not the only country that has taken firm steps in its commitment to promote and regulate the fintech sector. An increasing number of regions are joining the trend to create regulatory sandboxes, in order to accelerate innovation in their business sectors and turn themselves into international hubs.
It is possible that this is not the most fun ranking among all the possible rankings, but it is probably the ranking we should all know to be alert and not to lower our guard when we move in digital environments.
Cell phones are now competing with cards and cash as a payment method. The practice of paying by cell phone has become so widespread that in a large Spanish city, it’s now possible to get around, eat and shop without bringing your wallet.
According to the participants of cl@b 2017, taking place in Miami, fintech must act as a catalyst for banking institutions in the region to accelerate their transformation process and become 100% digital.
Digital financial services are within everyone´s reach, but each generation has its own peculiarities when using them. Mobile banking apps have won over the centennials, while social networks influence Generation Y when it comes to changing banks, and Generation X confides in online banking. The baby boomers, meanwhile, prefer to take a stroll to the branch office.
The BBVA app, recognized by Forrester Research as the best in the world, has helped strengthen digital adoption, since it offers the largest number of functionalities for carrying out transactions.
Google believes that in-house talent development is one of the keys to success. It is necessary to “promote technology from an early age. Just as there are role models in painting, film or sports, we also need to have role models, people younger generations can look up to, capable of sparking their interest on this field.”
BBVA is one of 11 banking institutions that are collaborating on the development of the Voltron project, a platform based on DLT (distributed ledger technology) that puts exporters and importers in contact, in order to improve efficiency in trade finance.