Archives

BBVA Leverages Generative AI to Gain Insights into Client Interactions and Enhance UX

BBVA is deploying generative artificial intelligence to examine real-world dialogues between clients and its relationship managers. This initiative moves beyond traditional feedback mechanisms like satisfaction surveys, aiming to deliver a more nuanced and accurate view of the actual user experience across various touchpoints. The Spanish… Read More

BBVA Completes AI Agent Initiated Payments with Visa in European Milestone

BBVA has completed the first real-world transaction initiated by an artificial intelligence agent on behalf of one of its cardholders. Conducted in collaboration with Visa (NYSE: V), this test demonstrates that AI systems can now securely handle purchases using existing payment networks and live merchant systems…. Read More

BBVA Teams Up with Amazon Web Services (AWS) to Build Advanced MLOps Framework for Efficient AI Deployment 

BBVA has rolled out a machine learning operations (MLOps) system in partnership with Amazon Web Services (AWS). This new setup integrates directly into the bank’s comprehensive ADA platform, which serves as its unified global hub for data and artificial intelligence capabilities. The initiative aims to… Read More

BBVA Introduces 100% Digital Bank in Germany

In Frankfurt, BBVA officially launched its new digital bank in Germany. It combines technology, through one of the most widely-used financial apps in the world, with a new value proposition: an “interest-bearing checking account paying three percent for the first 12 months, and a debit… Read More

BBVA Launches New Fintech App in Spain with Savings Incentives

BBVA is launching a new version of its app in Spain, with a unique native code that is “scalable and exportable” to all countries where the bank operates. This technological overhaul, which includes “an artificial intelligence (AI) integration, marks a turning point in digital banking.”… Read More

BBVA Closes First Venture Debt Financing Deal in the UK with Plum

BBVA has granted £15m in venture debt to Plum, reaffirming its role as a key lender to the UK’s entrepreneurial ecosystem, which is considered to be an important region in its broader strategy. In line with this, last October the banking institution had reportedly “set… Read More

BBVA Incorporates Stablecoin USDC into Digital Assets Service in Switzerland

BBVA’s institutional and private banking clients in Switzerland, as well as those with a NewGen account, can now manage their USDC funds on the same platform where they handle their traditional investments. They can exchange, custody, or automatically “convert USDC in near real-time into euros,… Read More

BBVA Teams Up with Telefónica Tech to Enhance Cybersecurity on Global Scale

With the development of this new project, Telefónica Tech has become one of BBVA‘s main strategic partners in cybersecurity. The bank will incorporate the latest advances of the technology company, “supported by its global experience and the advantages offered by intelligence to detect, identify and… Read More

BBVA Accelerates AI Strategy and Signs Agreement with OpenAI

After years at the forefront of projects and research based on artificial intelligence (AI), BBVA takes a “decisive step” in the use of generative AI in its main markets. On the one hand, it has prioritized “around 100 projects that will be developed with different… Read More

BBVA Proposes to Banco Sabadell to Merge Both Firms to Establish European Banking Entity

BBVA proposes that Banco Sabadell merge both entities to create a European financial service provider. In a letter addressed to the Board of Directors of Banco Sabadell, BBVA emphasizes that the combination of both entities “would give rise to the most attractive industrial project in… Read More

BBVA Spark to Access Capchase Technology, Enabling Analysis of Clients via Open Banking

Through a new partnership, BBVA Spark will access Capchase‘s technology, which enables a digital analysis of clients through innovative technologies such as open banking, and live connections to ERPs (financial management software) or electronic invoicing sources. This process speeds up decision-making and ensures “that financing… Read More

BBVA Workers Are Leveraging Generative AI and Experimenting with Large Language Models (LLMs)

BBVA is looking to spot and train the best in-house talent in the use of the large language models (LLMs) that are behind the success of the likes of ChatGPT, as it drives the exploration of projects based on generative artificial intelligence. To succeed in… Read More

BBVA to Enhance Digital Asset Services in Switzerland via New Partnership

In 2021, BBVA in Switzerland was a pioneer among large Eurozone banks when it introduced a bitcoin trading and custody service. This was later expanded to “include ether, thus allowing interested investors the possibility of trading directly with the two most important crypto-assets on the… Read More

Garanti BBVA’s Fintech Unit Introduces Digital Assets Platform

Garanti BBVA, which claims to be a leading force in digitization in the Turkish banking industry, has announced the launching of Garanti BBVA Digital Assets, the first venture of its subsidiary Garanti BBVA Financial Technologies. With a pilot already in progress, the company will initially… Read More

BBVA Collaborates in Instant Payment Pilot, Led by Iberpay, Swift

Iberpay and Spanish banks such as BBVA, Santander and CaixaBank have carried out the first test of this pioneering service in Europe in anticipation of the official entry into force, on November 28th, of the new One-Leg-Out Instant Credit Transfer (OCT Inst) scheme of the… Read More

Financial Services Firm BBVA to Work with An Additional 2,600+ Tech Professionals in 2023

The financial institution is launching a new job portal “to attract people with technological backgrounds in the different countries where it has a presence.” The Group expects to end 2023 “with over 2,600 new hires of this type of professionals, 1,000 of which will be… Read More

Global Banking Firm BBVA Selects Amazon Web Services (AWS) to Support Data-Driven Transformation

Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced that Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), a global banking leader, will use AWS “to deliver advanced analytics and data services in the cloud, taking a decisive step in its data and… Read More

BBVA Switzerland’s New Gen Acct Boosts Its Global Expansion via Digital Onboarding

BBVA New Gen, the investment product offered by the Group’s Swiss franchise, has completed its first year of existence. In a move to streamline the onboarding process, the bank now “lets prospective customers sign up online just by uploading a ‘selfie’, after which their identity… Read More

BBVA Implements Cloud Solution for Management of Environmental Data

BBVA has implemented a comprehensive cloud-based solution that “simplifies the process of sending and validating information, providing carbon footprint indicators and emission reduction tracking figures.” It is a platform that will “enable active, data-driven management of its sustainability policies.” Sustainability is one of the transforming… Read More

BBVA, Anthemis Partnership Led First Pre-seed Funding for Wiserentr with a €1M Investment

The BBVA and Anthemis partnership led the first pre-seed funding for Wiserentr with an investment of €1 million. The Spanish startup raised “a total of €1.6 million in the funding round, in which Shard Capital also participated.” Its service “reinvents the way to access high-end… Read More

Send this to a friend