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.
Fintech
Fintech
Only two months ago, it was just an experiment. Twitter decided to double the number of characters per message for certain selected accounts. The goal was to find out whether the traditional 140-character limit was an obstacle to the best use of the application.
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.
BBVA’s new app-based service for remittances, Tuyyo, recently launched, focusing initially on the important U.S. to Mexico corridor, with an eye toward expanding service into other countries soon.
According to BBVA Research’s Yearbook of Migration and Remittances, that’s a good strategy as remittances, or the money sent by migrants to their home country, flows to and from many countries around the world, Mexico being just one, and not even the largest receiver among them.
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.
Is your smartphone’s performance sluggish? Storage full? Battery dead in just a few hours? Always running out of data? If you can’t find the answer to these, or similar, questions, this article will shed some light and help you improve the performance of your Android handset. Security software firm Avast recently released its quarterly report, which ranks the top battery-draining, storage-hogging, and mobile-data-eating apps.
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.
It’s official: WhatsApp will allow users to delete their already sent messages. This is a feature that users were begging for. However, the app only gives users seven minutes to delete a message. After that, there will be no way to delete messages for everyone from a chat. Therefore, these 420 seconds acquire a very special dimension in the use of the most popular instant messaging app.
Esri, a global leader in Geographic Information Systems and BBVA API Market, have rolled out a collaboration project to embed BBVA's 'API PayStats' in Esri’s platform. The aim is to enable companies and public institutions to make business decisions based on customers’ actual commercial behavior.