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Fintech

Fintech

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.

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.

What sort of a future awaits the banking sector? This morning, BBVA Executive Director José Manuel González-Páramo gave a 360-degree view of that future, during a speech at the opening of the academic year at the Fundación Sant Elmo in Seville. Banks, he said, face two possible scenarios: one in which they remain static, and which will cause them to disappear; or a transformative scenario, which implies a complete reinvention of the sector.