Thanks to a solution developed by the Society for Worldwide Interbank and Financial Telecommunication (SWIFT), an online purchase payment from another country or service charges provided by an SME to an international client can be made faster. BBVA is the only Spanish bank to participate in the launch of SWIFT Go and has successfully carried out its first pilot testing of the system as well.

BBVA, which first invested in the fintech in 2018, participated in a new capital increase, part of which was used to fund the acquisition of payments specialist Contis. The new funding round will allow Solarisbank, which recently launched operations in Spain, France and Italy to expedite growth in the embedded finance market.

eSports is one of the digital industries that has grown the most during the COVID-19 pandemic. In May 2021, more than nine million users watched around 2.3 billion hours of gameplay on the streaming platform Twitch alone, which in the first quarter of the year reached a historic 6.3 billion hours watched, doubling the viewing figures of the same quarter in 2020. It is estimated that by 2022 eSports will have global audiences of more than 600 million followers. Streamers are looking to offer these audiences unique new experiences that go beyond gaming and even leap from the virtual to the physical realm.

After the incidents of the previous months (SolarWinds, Codecov,...) it is becoming more evident that it is necessary to have a strong inventory and control over the components with which we build our software, as well as to strengthen the process used to build it.

Endeavor, the global entrepreneurship organization, convened four European banks at its event 'Leading Innovation in Financial Services' to seek synergies and formulas that promote innovation. Ainhoa Campo, global manager of Open Innovation at BBVA, pointed to the “robust growth” of fintech’s ecosystem in southern Europe.

This competency status is a significant milestone for BBVA Next Technologies as it is a seal of quality recognized by AWS for carrying out high-quality projects in the DevOps field with total confidence.

BBVA´s CEO was invited to speak at the third edition of an annual meeting organized by the students of the Koç School in Istanbul. The event analyzed opportunities in fintech as well as technology and digitization´s contribution to the banking sector.

BBVA and U.S. based startup Zapata Computing have just released the results of a research project into the use of quantum algorithms applied to the Monte Carlo method, which allows predicting the evolution of different variables under random conditions.  Despite its potential, the use of this technology for achieving a more efficient way of calculating prices of derivative products and making valuation adjustments will still require further developments in the available hardware.

The BBVA Turkish unit joins a club of only 16 data centers worldwide with the highest certification.

Organized for the 14th time by focusing on technology, Digital Age Tech Summit under the corporate sponsorship of Garanti BBVA hosted creative names of the digital world.

BBVA USA was recently honored by IDG’s CIO as a U.S. 2021 CIO 100 award winner for its efforts, that took place exactly one year ago this week, in creating an online portal for the Paycheck Protection Program (PPP).

Artificial intelligence, machine learning and big data are transforming the traditional application of tech in the world of marketing. With these tools, startups and SMEs are able to reach a more specific audience for their products at a lower cost than traditional advertising.

Garanti BBVA’s retail and business clients can now view their account balances and statements with other banks. Garanti BBVA Internet allows self-employed and businesses check their accounts with other banks from a single screen, without any further login requirements.

BBVA and Google Cloud today announced a new strategic partnership to transform the bank’s security strategy by optimizing and improving its security infrastructure. As part of this global agreement, BBVA will collaborate with Google Cloud in the development of groundbreaking new artificial intelligence (AI) and machine learning (ML) models to predict and prevent cyberattacks against its banking infrastructure, providing a more secure experience for the bank and its customers.

The emergence of technologies such as artificial intelligence, machine learning and blockchain has exponentially multiplied the volume of data used, putting current computer systems to the test. Despite the fact that the arrival of 5G promises an improvement in these limitations, it is not enough to respond to the performance demands of this latest generation technology. An alternative to this is edge computing.

Yesil Science was created with the objective of developing innovative solutions to healthcare, combining medicine, art, and technology. In addition, it is a company that has participated in the Garanti BBVA Partners program.

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.

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.

Onur Genç participated in ‘The Global Boardroom: Shaping the recovery’ forum organized by the Financial Times, where he shared his vision of the pandemic's effect on the banking sector. The BBVA CEO pointed out that this crisis has accelerated certain dynamics, such as the digitization of banks' business models, although this trend "was already in place." For example, he explained that customer interactions in the bank's app have multiplied by fivefold in the last year.

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.

What better way to demonstrate just how secure the card is than Jaime Bisbal, BBVA's Head of Marketing in Spain, showing his off in the middle of the street? This is the bank's way of introducing Aqua, the new family of bank cards that have no number (PAN) or expiration date printed on them and whose security code (CVV) is dynamic.

Biometric advances are already being used in a multitude of financial sector processes. Artificial intelligence can analyse speech and facial characteristics to create a digital identity that allows for a much more secure online setting, where there’s a proliferation of apps from customised services to health care.

Garanti BBVA is betting on technology and innovation to continue leading the payment system and credit card sector. Now customers can complete the credit card application and authorization process on Bonus’ website and start enjoying all of the benefits immediately.

In its efforts to continue supporting the financial group’s digital transformation,  BBVA Hackathon is announcing its 20th edition, which will take place on October 16th - 18th. It will be virtual this year, with countries participating where BBVA Open Innovation has a presence like Mexico, Spain, Colombia and Peru.

Blue is pleasant, patient, and able to put itself in the shoes of others. It loves talking to humans and is always willing and ready to help customers. And it wants to learn lots of things in order to become even more insightful. These are just some of the personality traits that characterize BBVA's new voice assistant, which came to life out of a complex process that factored even the most minor details.

BBVA Group will gradually roll out the next generation of wireless connection technology — WiFi 6 — across its corporate offices in Spain and Portugal. The bank thus becomes one of the first Spanish financial companies to adopt the technology, which will provide faster browsing speeds and greater coverage to complement 5G.

Corporate virtual security has become even more important as a result of the coronavirus pandemic. Cybercriminals have found new opportunities in digitization and remote-working to commit fraud and cyber attacks; companies and employees alike have to be prepared against this risk. To this end, Campus BBVA has trained approximately 2,000 employees using courses, conferences, and discussion groups focused on digitization and tele-working as strategic capabilities that promise to be fundamental during the near future.