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Fintech

Fintech

BBVA, one of the largest financial institutions in the world, announces today that it is adopting Google’s cloud-based collaboration and communication suite Google Apps for Business to increase productivity and drive innovation.

Chris Skinner, a British expert on financial issues, was in Madrid on September 18 to take part in Innomoney, an event organized by Adigital on Fintech and the financial technology revolution. It was a whirlwind visit, during which the financial advisor and authority on payment method innovation cautioned that digital transformation is the only sure path to survival in the banking market. He also found time to give this interview with the BBVA Innovation Center.

The challenges and opportunities that that the financial world are facing since the so-called fintech companies were the main topics on the agenda at the Innomoney event organized by Adigital. The customer was the link between the financial companies that attended the event and the startups that are taking the sector by storm.

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Sending and receiving money, saving or paying for products and services are unusual financial transactions for more than half of the world population. Financial inclusion programs promote financial services for these people with the aim of reducing not only the costs of their financial transactions, but also the risks involved.