BBVA and Anthemis are participating in the second $3.4 million funding round that Cledara recently held. The startup now has 150 clients thanks to its innovative SaaS (Software as a Service) solution to centralize payment systems in a single platform.
Users without a bank or credit card can easily receive a new password by logging on to Garanti BBVA Mobile with their new ID.
The tokenisation of assets via blockchain could facilitate new financing pathways, guarantee secure investments and programme digital money so that it can only be used for certain purposes, although the associated regulations have not yet materialised.
BBVA has begun to roll out the trials of what will become its first commercial service for the trading and custody of digital assets. The new service, which is to be offered through BBVA Switzerland, will make it possible to manage bitcoin transactions and have deposits in this cryptocurrency.
BBVA and Xiaomi have signed a strategic agreement so that the technology company's smartphones launched in the Spanish market have the financial institution's mobile banking application pre-installed exclusively. This is Xiaomi's first alliance in Europe with a bank.
El Corte Inglés and BBVA have signed an agreement to include Bizum as a payment method for the online purchases customers make on both El Corte Inglés’ website and app. The bank collaborated with the distribution group by providing the contractual and technological framework to allow the company to add this new PSD2 adapted payment system, reducing the average time to make a purchase compared to card payments.
On December 18, 2020, Turkey will start the use of FAST instant payments systems. In this line, Garanti BBVA is committed to these solutions and will roll out its easy linking services that will enable instant transfers anytime without the need for IBAN.
BBVA has launched a service in Spain that allows customers to instantaneously and securely pay for lottery tickets and bets and collect winnings using their mobile phone. By going to the bank's app, customers can use Bizum to generate a QR code that allows them to pay or collect money at 11,000 Loterías y Apuestas del Estado retailers. This is the first time that people have been able to pay in physical stores using Bizum and a QR code.
The most popular and innovative credit card in Turkey, Garanti BBVA’s Bonus, has launched the service ‘Bonus Check-up’. This service informs customers of their finances and offers guidance when their credit card applications are denied.
BBVA has developed Global Commercial Cards, a solution which allows companies to have greater control of employees’ use of commercial cards simplifying the processes of expense submission and approval.