José Manuel González-Páramo, BBVA’s head of Global Economics, Regulation and Public Affairs, presented the bank's blockchain strategy at the IIF’s meeting in Washington before regulatory officials of the finance sector. A strategy based on a pillar called the three E’s: Execution, Ecosystem, and Experience.
In April 2017, BBVA Compass underwent a new chapter, launching a new website with the aim to improve transparency and make its information and services accessible to everyone.
Close to 40% of the world’s population, some two billion people, do not have access to a bank account. The mobile phone is starting to alleviate the problem and blockchain could be another big driver.
On Tuesday, April 17, a panel of fintech professionals, investors and entrepreneurs gathered at BBVA Open Space, BBVA’s innovation hub in the heart of Madrid, to attend the first edition of BBVA Open Talks in Spain, and try to answer a question that is becoming increasingly relevant in a context marked by artificial intelligence: "Are we aware of how we make decisions?"
The fintech sector attracted $31 billion dollars in investment last year, with growth in the sector underpinned by venture capital, accelerators and consolidated companies. BBVA maintains an active strategy of investment, acquisition, tie-ups and the incubation of new companies in the sector.
Check deposit is a key component to the functionality of the BBVA Compass Mobile Banking App.
Depositing checks is a common transaction for many, and one which can be done from wherever the customer might be, with the BBVA Compass Mobile Banking App. With mobile deposit via the app, customers can deposit their hard earned money anytime, anywhere. The app takes customers through the process, step-by-step, even helping snap the picture of the front and back of the check.
Malware, or malicious software, covers different programs which, when run in devices, cause different types of damage and complications such as interrupting their operations, disrupting how they work, stealing information and displaying unwanted advertising.
In an interview with Spanish daily 'El País' from Silicon Valley, BBVA Chief Executive Officer says that “data belongs to customers and can only be used with their consent.” In comments to 'El País' Carlos Torres Vila also advances that BBVA is exploring the use of blockchain in corporate loans. This technology has the potential “to add a lot of transparency, efficiency and immutability, and offers a wide array of other possible uses.”