Garanti BBVA Digital Assets will shortly be offering Avalanche c-chain support for AVAX coins to users of its Garanti BBVA Crypto mobile platform.

BBVA is a founding member of the Quantum Safe Financial Forum (QSFF), a safe space for collaboration between European and US financial firms promoted by Europol’s European Cybercrime Centre (EC3). The alliance aims to foster the creation of new technological systems within the financial industry that are safe, secure and resilient to malicious attacks that rely on quantum computing.

The international publication has granted two ‘Innovators Awards’ to BBVA for its crypto asset service in Switzerland and for an automated process the bank has developed to guide the creation and application of machine learning models for the early detection and management of debt.

Garanti BBVA, in its role as a supporter of startup growth and investment, has revealed the latest cohort of startups joining its renowned Garanti BBVA Partners Tech Program.

Innovation is the driver of transformation at BBVA. In order to continue bringing our culture of innovation to all corners of the Group, the bank has created ‘_ableChallenge’, a specific program with which it invites its technology teams to develop innovative new products and services to solve real problems at the bank. The goal is to provide the tools, time and space to encourage them to think ‘outside the box’. “Innovation is a skill that can be trained. In the Engineering area, we seek to inspire and motivate our talent so they can discover and develop this potential,” said José Luis Elechiguerra, Global Head of Engineering at BBVA.

In the past two years, BBVA added 7,187 professionals in the data and technology field to its workforce - a figure it plans to increase in 2024 with 2,700 new hires. Of this amount, 1,225 will take place in Spain for the bank’s headquarters in Madrid, Bilbao and Barcelona. Technology talent has become a key aspect of the Group’s digital strategy.