Fintech
Fintech
The BBVA and Anthemis Venture Creation Partnership is helping U.K. based financial health business Wollit get off the ground with an integrated investment programme.
Over the past year, BBVA Open Innovation, the area of the bank that works to connect with the FinTech ecosystem, has generated 310 interactions between entrepreneurs and business areas. Thanks to these contact points, BBVA successfully carried out 16 pilot tests with startups in 2019 alone, one third of which are now in the marketing phase. In addition, a further 38 collaborative initiatives are in the process of being defined and implemented.
A European Commission (EC) expert group has called on regulators to respond to the changing nature of fintech to ensure customers can continue to see the rewards the sector brings.
In mid-September, BBVA Open Platform announced that it was working with Catch to provide banking and payment services for gig workers.
What were the hottest digital transformation trends in banking in 2019? Which ones should we keep an eye on in 2020? The banking sector’s interest in the latest developments in cyber security, computing or gamification grows day by day. For disciplines such as 'pentesting', quantum computing or development with the Unity engine, the future looks bright.