Innovation
Innovation
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.
According to a report by Smartme Analytics, BBVA’s app has the largest share of users at 22.6%. BBVA’s country manager for Spain, Peio Belausteguigoitia, stressed that “investment in technology in recent years enabled a rapid reaction to the crisis.” Peio made these comments at the 27th Meeting of the Financial Sector, with the theme ‘Building the Future’, hosted by Deloitte and ABC (a leading Spanish newspaper), while speaking about the role of the financial sector in the crisis and its future challenges.
The European Banking Federation recently organized a conference on innovation and cybersecurity where the role of banks in the digital economy and platform economy was discussed, among other topics. According to BBVA, the key to ensuring that financial services benefit from this economy is the creation of a framework for the different types of participating companies to compete fairly.
The Navarra-based company Veridas has experienced solid growth since its creation in 2017 and has established itself as a global leader in the field of biometrics and digital identity verification. Its two founding partners, BBVA and Das-Nano, have carried out a financing round of four million euros in the company that will serve to continue expanding their business in new markets.
It’s a challenge to find out what society thinks about a company or brand, especially when you have 40 million followers spread across 10 countries and 190 social media profiles, like BBVA. Even so, the winners of the BBVA Hackathon 2020 accomplished it in only three days, developing a tool to measure users’ feelings about the bank on social media, using machine learning techniques.
Smart transactions allow Garanti BBVA customers and clients to streamline their daily banking activities and keep their personal finances under control using the bank's mobile app.