Atom and solarisBank, two companies in which BBVA holds a significant stake, included in KPMG’s ‘Fintech 100’ list. The report ranks the leading 50 'Established' fintech companies across the globe, as well as the most captivating 50 'Emerging Stars' with exciting, new products and solutions.
Fintech
Fintech
Usually when BBVA Compass posts Fintech Friday, there’s a theme or a trend that the news cycle follows.
Identification using authentication like digital fingerprints and facial or iris recognition is making inroads in the world of airports where companies are looking for new technologies to enhance the user experience.
The holidays can be stressful for those who have a large number of names on their gift list. Not much time remains for those in the full swing of their shopping spree. As the pressure mounts to finish, any little bit helps.
In a world flush with acronyms - hello, banking! - “API” might seem like the latest notable term. But the truth is, APIs, or Application Programming Interfaces, have been on the scene for many years, and was made popular in the year 2000 when SalesForce officially launched its web-based sales force automation.
The conference “Decentralized World” was recently held at BBVA’s Open Space in Madrid, focusing on the decentralization of the economy and trying to unravel some of the possibilities that blockchain technology can offer for data management in the future.
How will banks be impacted by big tech (Google, Amazon, Facebook, etc.) entering the financial services industry? Can regulation promote a level playing field? These are some of the questions raised at the “Big Tech Banking” event organized by CUNEF (University of Financial Studies) and the Spanish Banking Association (AEB). BBVA joined financial experts and regulators participating in the event, where a common thought prevailed: data will play a key role in the battle between banks and Big Tech.
The global products and services BBVA is now delivering across its countries, driven by the adoption of re-useable code and technology, are offering a unique and personal experience to customers around the world.
This new computing paradigm will reduce latency and streamline data traffic coming from millions of devices on the Internet of Things.
Peio Belausteguigoitia (Bilbao, 1973) is BBVA Spain's Head of Business Development. He was previously responsible for Spain's northern territory, and prior to that ran the eastern territory and was regional director for the northeast.
The unit that he runs is key to the bank's transformation in Spain. In the year and a half that he has held this position, BBVA has ramped up the number of digital deliveries for private customers - providing them tools to help make better financial decisions – and boosted sales and the number of online customers.
And now, BBVA has created the digital transformation factory for businesses. With a multidisciplinary team of 250 professionals, it facilitates the delivery of digital solutions to customers in more flexible timeframes. The bank recently launched Avalbox, which radically digitizes the guarantor request process; and One View, which helps businesses make more efficient decisions and optimize their cashflow.