Innovation
Innovation
The Boston Consulting Group (BCG) recently released research aimed at demonstrating the importance of digital transformation in corporate banking. In the research, BCG underscored the notion that for lasting and meaningful digital transformation, banks need to develop a clear vision for the future of banking, formulate a comprehensive strategy of how they will evolve alongside it, and plan their initiatives accordingly.
BBVA Compass’ hometown of Birmingham recently made national news in Forbes for its efforts in becoming the Silicon Valley of the South.
It's time for suitcases, airplanes, highways ... and it's the high season for tourism and travelling, an activity that has a huge economic impact around the world. In gross terms, this industry is most important to the United States, whereas in Spain it represents almost 15 percent of the GDP, with Catalonia and Spain's islands being the preferred destinations.
The Boston Consulting Group (BCG) recently released research aimed at demonstrating the importance of digital transformation in corporate banking. In the research, BCG underscored the notion that for lasting and meaningful digital transformation, banks need to develop a clear vision for the future of banking, formulate a comprehensive strategy of how they will evolve alongside it, and plan their initiatives accordingly.
Three and a half years ago when BBVA acquired Madiva, a small company dedicated to big data, no one could have imagined the impact it would have on the group. In that time, the 16-employee strong startup has shown how the use of non-financial data can translate into new business, sales, and customers.
BBVA, a pioneer in real-time customer enrollment, has enhanced its online sign-up process. Last year, the bank announced the creation of Veridas, a technology company specializing in authentication systems. BBVA founded the new company with Das-Nano, a startup based in Spain's northern Navarre region. The joint venture has already produced results: now anyone can sign up as a BBVA customer, from anywhere and at any time, by simply sendingtheir photograph and a video to the bank.