Fintech
Fintech
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’.
Money is often cited as being one of the biggest causes of stress in people’s lives. So imagine a ‘Self-driving’ bank account that took away some of that stress by watching your finances 24/7 and acting on your behalf to make your money work harder for you. Well it’s a future that's very close to becoming a reality with latest advances in Artificial Intelligence now able to do more for you than ever before.
The Wall Street Journal recently reported that Apple and Goldman Sachs through its consumer unit Marcus are teaming up to introduce a credit card this spring. The news set tongues wagging in the financial industry, as banks and credit card issuers alike wondered at the implications of the announcement.
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.
To trust or not to trust? This is the question that will redefine success in the digital age. Atom Bank, the first mobile bank in the United Kingdom has been called on to analyze the driving factor behind this new challenge, thanks to an agreement that secures their participation in a three-year project with Newcastle University. BBVA owns a 39 percent stake in Atom Bank.
BBVA has been internationally recognized in the third annual Digital Talent Awards, presented by Accenture and the daily business newspaper El Economista, in collaboration with Spain's Human Resources group. The bank has earned the award because of its adaptability in the digital age, as demonstrated by its cultural change, leadership style, and most importantly its transition to an agile approach to work.