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Read from a curation of the most recent BBVA stories below.
Ask anybody which search engine they use to find an answer online, and chances are good, they’ll say Google. In fact, the search engine has become synonymous with searching; so much so that Webster’s Dictionary has included it as a verb, as in “We googled what Google is.” Talk about meta.
“We are in a climate emergency. It is currently the most pressing challenge humanity must face, and we have to be fast in taking action,” declared BBVA CEO Onur Genç, who recognized the important role sustainable finance plays in achieving the goals of the Paris Agreement. In a panel on the financial sector and sustainability at the Climate Change Conference in Madrid, BBVA’s CEO underscored the financial institution’s role in accompanying clients in this crucial environmental transition.
Garanti BBVA is partnering with BELBİM Elektronik Para ve Ödeme Hizmetleri A.Ş., to go the extra mile when it comes to innovation. Garanti BBVA’s mobile app can now be used to refill Istanbul travel cards, allowing customers to move around the city without worrying about the balance on their card.
The race to make good on quantum computing is well underway. Millions of dollars have been allocated to developing machines that could cause current computers to become obsolete. But, what is the difference between quantum and classical computing? This is a puzzle that is beginning to be unraveled.
For years Garanti BBVA has spearheaded projects that give back to society. Now the bank is kicking-off a new initiative: helping its customers celebrate their birthdays by making a contribution to a local charity.
BBVA USA has been named the 2019 CX Leader for U.S. Commercial Middle Market Banking, according to the research-based financial consulting firm Greenwich Associates.
BBVA USA, in its continued commitment to creating opportunities for the area’s business landscape, announced today that it has added five veteran bankers to its Houston Commercial Emerging Companies team.
Green is more than a color. In our collective imagination it symbolizes nature and is associated with caring for the environment. We need a green future so the world will continue to be the place we know today and not the foreboding future as depicted by gloomy predictions. BBVA is aware of this and for years has been committed to green and social financing. In fact, it is one of the banks most recognized for its activity in sustainable financing.
The global economy is in the mature phase of the cycle, with an outlook for growth below potential in most countries. However, the rise in stock exchanges in 2020 should be largely due to valuation and, to a lesser extent, profit. “For the first time in recent years we see more potential in the European stock exchanges than in the S&P 500,” said Joaquín García Huerga, head of Global Strategy at BBVA Asset Management, during the presentation of “Market Vision 2020.”
The rise in the global temperature has negative effects on the planet – effects that are difficult to revert in some cases. Increasing frequent heat waves, devasating fires – like the recent fires in California – and natural disasters like tropical cyclones, floods and droughts, have had an enormous impact on the environment and socioeconomic development.
BBVA’s Turkish unit earned top honors in the Enterprise Transformation and Security & Fraud categories at the Finance Technology Awards hosted by IDC Turkey as part of the IDC Finance Summit 2019.
Integral to its business-wide deployment of agile methodologies, BBVA has to ensure that it has the appropriate skills on hand in order to advance its key strategic projects. To this end, the staffing process- an essential aspect of the bank’s cultural and organizational transformation -orchestrates the assignment of skilled resources.
BBVA CEO Onur Genç stated that: “Today, more than ever, banks play an important role in addressing the sustainability challenge.” In his opinion, “Only banks can play a central role in distributing the resources, which is a key part of the climate change challenge.” The executive made these remarks at the 15th IESE Banking Industry.
BBVA has achieved a critical milestone in its drive towards digital banking after passing the 50 percent mobile banking tipping point for customers. The news means more than half of BBVA’s active customers worldwide now engage with the bank via mobile devices, and through mobile channels like its world-leading mobile banking app.
The climate summit in Madrid kicks off with a reception for world leaders who, over the course of the next few days, will discuss the environmental challenges confronting the planet. BBVA sponsors the inaugural lunch with a sustainable menu designed by the brothers of El Celler de Can Roca. The chefs from Spain’s northeastern city of Girona have created a culinary overture to invite reflection on some of the most relevant topics to be addressed at the summit.
The groups of BBVA and JP Morgan employees created to foster diversity at the workplace held a joint session to work on some of the issues that concern staff the most in their professional development. Topics such as work-life balance, networking, leadership, and personal brands were discussed at the different working groups. Led by various mentors, employees from both companies discussed best practices, areas for improvement and team management trends.
BBVA launches ESIConnect, a new platform for portfolio, securities and fund service in order to give coverage to investment firms and their customers in the framework of the advisory and discretionary portfolio management services the investment firms provide them.
BBVA reaffirms its commitment to the fight against climate change and responsible banking with the expansion of its framework for sustainable transactional products, which was published at the beginning of the year. With it, the bank seeks to make different sustainable financial solutions available to a greater number of clients.
BBVA is expanding its range of sustainable products. Starting on December 2nd, the bank will begin selling sustainable financial contracts. BBVA will invest the amount obtained from customers in companies that are considered sustainable based on certain criteria for inclusion, which will determine the green, social or sustainable nature of the investment.
BBVA participated at a conference in Luxembourg organized by United Nations Environment Programme Finance Initiative (UNEP FI). During the forum, which coincided with the start of the Climate Summit in Madrid, BBVA laid out its strategy to help its customers transition toward a low-carbon economy and integrate climate risks into their decision-making.
BBVA’s Executive Board Member, José Manuel González-Páramo, discussed the current status and outlook for the global economy at the 24th S’Agaró Economic Symposium. His main message was that: “The deceleration of the global economy seems to be stabilizing”, with growth close to its potential. He therefore ruled out the “risk of recession”, which “is not the base scenario in the short-term.”
The Roca brothers of El Celler de Can Roca fame have created the dishes that will be served to prime ministers, heads of state, government officials, and the United Nations’ Secretary-General at the opening lunch of the next Climate Summit. The summit gets underway next Monday, December 2, in Madrid. The meal, sponsored by BBVA with a menu prepared by the Roca brothers, is based on local Spanish products and a cuisine that is amenable to small-scale farmers. “Cuisine is a transformative tool that can raise awareness and advocate for sustainability,” Joan Roca stated.
To celebrate International Information Security Day, which will take place on November 30th, BBVA is dedicating the week to raising awareness of the risks in the digital world. In this interview, Ana Gómez Blanco, Head of Culture in Cybersecurity at BBVA, explains how initiatives like this are a fundamental component of corporate security and the key to helping employees and their families make their habits “cybersafe”.
BBVA hosted a meeting of the Excellence Club at the bank’s headquarters in Madrid. Over 60 corporate clients attended the event to discuss the challenges and opportunities posed by the transformation of working methods in organizations.
“Good morning, we’re calling from technical support. We’ve detected problems with your equipment and if they aren’t resolved soon, your computer will stop working.” This is how one of the oldest IT scams of all time usually starts off, a scam that has reemerged as the value of data has soared, a technical support scam also popularly known as the Microsoft hoax.
BBVA will actively participate in the United Nations Conference on Climate Change (COP 25), which will be held in Madrid, starting on Monday, December 2. Some of the confirmed events include a round table discussion where BBVA Group executive chairman Carlos Torres Vila – together with representatives from other banks – will discuss new climate leadership. In addition, there will be a sustainable meal, sponsored by BBVA and prepared by the Roca brothers for heads of state and government officials.
The new global partnership will enable BBVA to optimize data storage and processing capabilities that drive its commitment towards innovation in financial services.
BBVA hosted the fourth edition of Women in Cybersecurity Spain (WiCS). WiCS is an initiative dedicated to promoting the role of women in cybersecurity – a field where they represent just 24 percent of the global workforce, according to International Information System Security Certification Consortium (ICS). Four women who are senior managers at BBVA participated in the event, which also served to discuss diversity in general.
Oscar Vélez de Mendizábal (Victoria, 1972), is the head of BBVA Spain’s business transformation factory. He’s previously held different positions in the business, institution and corporate areas of the Southern Territorial Division.