Reinvention is a process that “doesn’t end,” says Carlos Torres Vila, Chair of BBVA, in his interview with Julie Sweet, CEO of Accenture, as part of the 'Reinvented with Accenture' campaign. Torres says that “embedding change as a value in itself to fight the status quo” has been key to BBVA's success.

BBVA is one of the first banks in Visa's global network to use VTAP, a new Visa platform that enables financial institutions to create and manage digital tokens backed by fiat currencies such as the euro and the dollar. BBVA will use VTAP to create tokens on the public Ethereum blockchain with expected live pilots in 2025.

Next year will witness the entry into force of the European regulation on the provision of cryptoasset services, aka the MiCA Regulation, and with it a whole new generation of players is expected to break into the world of digital assets, as indeed prophesied at the 7th Blockchain Forum organized by El Confidencial. “Now more than ever, banks have an essential role to play in consolidating the cryptoasset ecosystem,” remarked Alfonso Gómez, CEO of BBVA Switzerland, who took part in the forum, where he proclaimed that BBVA was the first big bank to launch a bitcoin custody and trading service in Europe.

Garanti BBVA continues to add new cryptocurrencies to its mobile app. The bank is now  providing service for XRP, the crypto asset with the fifth largest market, and Arbitrum (ARB), a crypto asset that can be transferred on the ERC-20 network. They join Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), Avalanche (AVAX) and Chiliz (CHZ).

Garanti BBVA, Türkiye’s leading digital bank, is all set to stage ‘Istanbul Venture Day’ to support the startup ecosystem and help ramp up innovative fintech solutions. The event will be held at the Salt Galata center on October 24 and is being organized alongside IE University in Spain, with the close support of the Spanish and Italian consulates. It is essentially the Istanbul leg of the ‘Venture Day’ series being held by IE University ahead of the wider Global South Summit.

At BBVA, we are undergoing a technological revolution that is transforming our software development process. In mid-2021, we launched Horizon, a global initiative aimed at overhauling our digital channels, particularly in the enterprise sector, and enhancing the scalability of our technological platforms to meet the increasing demands for customer interaction. The primary goal is to foster global unity by creating unique technical solutions that can be implemented across multiple countries. This approach optimizes our efforts, speeds up delivery times, and provides us with a competitive edge in an industry where economies of scale are crucial. Additionally, this project has enabled us to adopt a new strategy for executing global programs by forming geographically diverse teams across different countries.