In order to also keep consumers up-to-date with latest developments in fintech, BBVA.com posts its weekly Fintech Friday news round-up, giving you the highlights from the week of Fintech news.
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Entrepreneurship
BBVA Compass announces Buy On Purpose as its 2018 Small Business opportunity winner
BBVA Compass and the Houston Rockets today announced Buy On Purpose as the winner of the Small Business Opportunity Contest, awarding them the top prize of $10,000.
Being self-employed doesn’t mean homeownership isn’t attainable. In fact, lenders are willing and able to loan money to the entrepreneurial minded.
On June 29, the Houston Dynamo will take on legendary Mexican club C.F. Monterrey as part of the 2018 BBVA Compass Dynamo Charities Cup, with proceeds from the soccer match benefiting BBVA Compass-invested KIPP Houston Opportunity Campus.
Financial education
BBVA Compass to team up with organizations to increase financial capabilities across U.S.
BBVA Compass is teaming up with nonprofits to build a comprehensive network of financial education offerings.
Today’s smartphones and smart devices are equipped with Touch ID, but is it becoming a thing of the past when it comes to cybersecurity?
Top news in April and May reflected the bank’s commitment to small businesses, financial education, and being an engine of opportunity locally and within its communities.
BBVA Compass and the Houston Dynamo have crowned Reason2Race as the winner of their 2018 The Pitch contest, awarding the organization the $10,000 prize to put towards growing their business.
Digital banking
BBVA Compass’ Pepe Olalla talks digital transformation through the lens of Business Development
BBVA Compass' Pepe Olalla gives insight into how business development efforts are creating amazing customer experiences and contributing to the bank's digital transformation.
Customers could win $500, $1,000 or the grand prize of $10,000 by simply signing into the BBVA Compass Mobile Banking App as part of the bank's Sign In & Win Sweepstakes.
The functionality of the BBVA Compass Mobile Banking app achieves 30 percent year-over-year jump in mobile active customers.
Corporate Responsibility
BBVA Compass Foundation to donate $2,500 in the wake of the Santa Fe tragedy
The BBVA Compass Foundation has announced that it will donate $2,500 to the Santa Fe Texas Education Foundation, Inc. to aid in recovery efforts in the wake of the recent tragedy at Santa Fe High School.
BBVA announced that its money transfer app, Tuyyo, will do away with transfer fees for funds sent between the U.S. and Mexico. Last year, the bank shook up one of the world's largest remittance corridors with the launch of Tuyyo.
With no annual fee or rewards cap, the recently launched BBVA Compass Rewards Card offers cardholders the ability to earn up to 2% rewards for every dollar spent across all credit card categories.
Almost nine months after the devastating and historic Hurricane Harvey came through the Texas Gulf Coast, BBVA Compass is reopening the last of its temporarily closed branches with a new design, location and state-of-the-art features.
BBVA Compass reported a net income of $209 million for the first quarter of 2018 compared to $52 million in the fourth quarter of 2017.
During the first quarter of 2018, BBVA Group’s net attributable profit grew across all regions year-on-year.
BBVA’s results for the first three months of 2018 surpassed market estimates by a wide margin.
Sponsorship
BBVA Compass Dynamo Charities Cup Features Houston Dynamo & CF Monterrey in MoneyGram SocioMX Tour
On June 29, the Houston Dynamo will take on Los Rayados in the second match of the MoneyGram SocioMX Tour as part of the 10th BBVA Compass Dynamo Charities Cup, an annual fundraising event that brings prominent international soccer teams to Houston.
Basketball
BBVA Compass Iron City Showdown brings the Houston Rockets and the Memphis Grizzlies to Birmingham
BBVA Compass and the Houston Rockets teamed up on May 3 at a press conference to officially announce BBVA Compass Iron City Showdown, an exhibition game between the Houston Rockets and Memphis Grizzlies tipping off in Birmingham on Oct. 2, 2018.
According to BBVA Group Executive Chairman Francisco González — in his op-ed article in today’s edition of Financial Times — while the Big Tech’s threat is widely known, digitization opportunities for some banking institutions are less evident.
BBVA Compass further adopts a new internal workstyle aimed at providing the bank with the organizational structure and necessary competitive capabilities to collectively focus and quickly respond to the digital transformation within the U.S. banking arena.
Underserved and Multicultural Segment Manager Julieta Falcon creates banking opportunities for people from all walks of life.
BBVA Compass Director of People Analytics Morgan Turnipseed shared knowledge on how workforce analytics is becoming an integral business component at the bank.