Fintech
Fintech
They’re always popular with users of Android mobiles and they’re a fixture on any smartphone. Weather applications allow you to be always informed, in real time, about the meteorological conditions at a given place. Some of these apps are free, others have a cost; some are well known and others are just making a name for themselves in the market.
Remittances remain a major, if not the largest, source of foreign revenue for Mexico. In 2016, the dollar volume for remittances to Mexico jumped 8.8% over the prior year and reached an all-time high of nearly $27 billion — about 95% of those remittances came from the U.S. The U.S.-Mexico corridor is one of the largest remittance sectors in the world, and four key influences are helping to further fuel its significant growth.
These new technological tools have the potential to improve all kinds of economic exchanges and open the door to new ways of doing business that today are unimaginable.
BBVA Compass was recognized as a leader in the most critical category in Javelin Strategy & Research's 2017 Mobile Banking Scorecard, with the independent research firm commending the bank's app for its ease of use in creating an intuitive, mobile-first experience for its clients.
The revolution in the automobile industry isn't just about driverless cars. Blockchain technology will also have an impact on the sector, especially on the internal processes of companies.
BBVA's digital sales in South America now account for 32% of total sales in the region, after rising almost 16% over the past year. This growth is based on a highly diversified portfolio: 50% of insurance policies, 48% of investment funds, 40% of long-term deposits and 35% of consumer loans in the region are nowcontracted digitally.