Fintech
Fintech
Not long ago, banks that offered mobile apps were few and those that did essentially offered a convenient way for customers to check their account balance. Today, choosing a bank with no mobile app would be a non-starter for most customers.
When it comes to designing customer interaction with online services – whether from a GPS navigator or through a mobile banking app – it is more and more common to design automated features that anticipate customer issues.
More customers now join BBVA via its award winning app in Spain than they do via other digital channels, the bank has revealed in the latest update to its digital transformation programme.
BBVA’s Global Head of Client Solutions, Derek White, told a conference in the Spanish capital Madrid this morning that it was crucial the customers win ‘The Game of Data’.
Global consultancy Deloitte recently released a series of articles from their global digital banking consumer survey. In their third article, Recognizing the value of bank branches in a digital world, they found that bank branches continue to have value, even as digital becomes increasingly prevalent in all our day-to-day interactions.
We interview Jon Groch BBVA Compass Payments Director
Apple and Goldman Sachs team up
In its most recent issue, The Fintech Magazine examines some of BBVA's most recent technology advances, such as payments powered by facial recognition and the use of artificial intelligence in its mobile banking application. The magazine also outlines the core of the bank's digital strategy and describes how BBVA is taking steps to fulfill its vision of automated banking in the future.
As part of its transformation strategy, BBVA has acquired and invested in a number of different tech companies in recent years.
One of the guardians of the world´s financial systems has issued a new report urging global authorities to stay vigilant against potential fintech-related threats to financial stability.