Archives

February 15, 2022 @ 5:08 pm By Omar Faridi  |  

BBVA (NYSE: BBVA) has reportedly agreed to invest $300 million (around €263 million) in Neon, a Brazilian digital bank founded in 2016 that aims “to improve access to financial services for individuals, self-employed and small businesses in its country.” Neon claims 15 million registered accounts…. Read More

November 16, 2021 @ 12:42 pm By Omar Faridi  |  

Newt Corporation is pleased to confirm the signing of an agreement with Blackhawk Network in order to operate the software-as-a-service or SaaS payment platform that “enables Blackhawk to provide digital products and services to BBVA, the largest financial institution in Mexico.” Sergio Maya Aleman, CEO… Read More

November 3, 2021 @ 5:33 pm By Omar Faridi  |  

BBVA, the Spanish multinational banking group, and the Sella Group have reportedly entered into a partnership that is focused on supporting Open finance. Through the partnership, BBVA will be providing its foreign clients, who are willing to operate in Italy and those of the newly… Read More

October 27, 2021 @ 7:58 am By Omar Faridi  |  

BBVA and 500 Global have entered an agreement for 500 Global to implement an Intelligence Platform that would support BBVA’s ability to “identify new startups, technologies and emerging trends with the potential to impact the future of the most innovative industries, and by extension, the… Read More

October 22, 2021 @ 7:09 am By Omar Faridi  |  

The BBVA Group is launching an all-digital retail banking in Italy, with a “unique” value proposition and customer experience. BBVA is entering the Italian market with free digital banking; “one of the most secure cards in the world – as there are no printed numbers… Read More

August 11, 2021 @ 8:46 am By Omar Faridi  |  

BBVA and Ant Group (Alibaba affiliate) have entered an agreement to work on the integration of financial services in their platform, Trusple. Based on blockchain or distributed ledger technology (DLT), this network aims “to accelerate the digital transformation and facilitate the financing of international trade… Read More

June 21, 2021 @ 9:26 am By Omar Faridi  |  

BBVA Switzerland has opened its Bitcoin trading service to all private banking customers. After six months of in-house testing with a certain group of users, BBVA Switzerland has decided to make its first digital asset trading and custody service accessible to all its private banking… Read More

April 12, 2021 @ 7:45 am By Samantha Hurst  |  

  BBVA recently announced it is offering a sustainable alternative for its products in Spain for both individuals and companies. According to BBVA, the solutions are designed to respond to society’s growing demand and to help customers make the best financial decisions that also help… Read More

March 31, 2021 @ 3:34 pm By Samantha Hurst  |  

  BBVA announced on Tuesday it has signed a €1.35 billion sustainable linked guarantee facility with financial tool Enel Group. According to BBVA, the facility is the largest by valued signed by Enel to date. “The economic conditions of this guarantee facility are linked to… Read More

February 22, 2021 @ 12:44 pm By Samantha Hurst  |  

BBVA announced on Monday it achieved a record number of new customer growth in 2020, despite the COVID-19 pandemic. BBVA reported that it added a total of 7.3 million new customers worldwide, of which 2.4 million became BBVA customers through the app or the web. According… Read More

February 15, 2021 @ 7:12 am By Samantha Hurst  |  

  BBVA USA announced it recently launched BBVA Insights in its online banking and mobile banking app. According to BBVA USA, BBVA Insights is powered by MX, a fintech innovator who helps organizations deliver data-driven money experiences, and offers the MoneyMap with Pulse feature. “By leveraging MX’s… Read More

February 2, 2021 @ 11:46 am By Samantha Hurst  |  

  BBVA announced on Tuesday it plans to invest as much as $150 million in new capital to support Propel Venture Partners (PVP), bringing its total commitment to over $400 million, including its previous investment in 2016. BBVA reported that this announcement builds on the… Read More

January 21, 2021 @ 9:06 pm By Samantha Hurst  |  

  BBVA announced on Wednesday it has signed the sale of a portfolio consisting of loans and real estate assets from Unnim for a gross total of approximately €700 million. BBVA reported it closed an agreement with global investment fund company KKR (primarily through its KKR… Read More

November 23, 2020 @ 9:01 am By Samantha Hurst  |  

BBVA announced on Monday it has developed Global Commercial Cards, a solution that allows companies to have greater control of employees’ use of commercial cards simplifying the processes of expense submission and approval. “The new solution tailors to the needs of all types of companies,… Read More

November 4, 2020 @ 3:22 pm By Samantha Hurst  |  

BBVA announced on Wednesday it has teamed up with Amazon Web Services (AWS) and Bloomberg to developed a new cloud-based technology for the equity markets area of its Corporate and Investment Banking unit. BBVA reported that it has created BBVA C-fit, which is a platform built… Read More

October 28, 2020 @ 7:53 am By Omar Faridi  |  

Jose Luis Elechiguerra, Head of Client Solutions at BBVA US (NYSE:BBVA), which is originally a Spanish multinational financial services company based in Madrid and Bilbao, Spain with nearly €700 billion in assets, suggests that banks should “lean on a digital footprint as much as a… Read More

October 21, 2020 @ 11:51 am By Samantha Hurst  |  

BBVA announced on Wednesday it has launched Aqua, a new line of “blank” credit cards, in Spain. According to BBVA, Aqua features a CVV code but does not contain card numbers (PAN) or expiration dates printed on them. BBVA noted that this concept reinforces security… Read More

September 19, 2020 @ 8:31 am By Omar Faridi  |  

The US division of the BBVA (NYSE:BBVA), a Spanish multinational financial services company based in Madrid and Bilbao, Spain with nearly €700 billion in assets, was recently recognized as one of the world’s best corporate and institutional digital banks in North America by Global Finance…. Read More

August 25, 2020 @ 6:50 am By Omar Faridi  |  

Javier Rodriguez Soler, the Country Manager / CEO at the BBVA USA (NYSE: BBVA), a Spanish multinational financial services company based in Madrid and Bilbao, Spain with nearly €700 billion in assets, confirms that In early August, BBVA USA revealed it would work with Google … Read More

August 13, 2020 @ 9:58 am By Omar Faridi  |  

BBVA-backed Fintech firm Holvi, which provides bank accounts to sole traders and SMBs, is reportedly preparing to exit the UK market only six months after establishing operations inthe country. Holvi’s management noted that Brexit and the COVID-19 outbreak has made it challenging to maintain its… Read More