Tagged: bbva

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

December 4, 2020 @ 10:33 pm By Samantha Hurst  |  

BBVA announced on Thursday it has teamed up with Telefónica to develop a consumer loan business, Movistar Money, in Columbia. The duo noted that Movistar Money will sell loans to more than 19 million Telefónica clients located in the country. “The new company will benefit… 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 16, 2020 @ 8:23 am By Samantha Hurst  |  

BBVA announced on Monday it has agreed to sell to PNC its subsidiary in the U.S. for approximately $11.6 billion (€9.7 billion) in cash. According to BBVA, the selling amount represents 19.7 times the unit’s 2019 earnings, which is almost 50% of BBVA’s current market capitalization. BBVA… 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 27, 2020 @ 2:02 pm By Omar Faridi  |  

BBVA, a Spanish multinational financial services company based in Madrid and Bilbao, Spain with nearly €700 billion in assets, is reportedly planning to conduct trials of its new software that allows merchants to take contactless payments via their Android mobile devices, without having to install… 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

August 3, 2020 @ 12:13 pm By JD Alois  |  

  BBVA USA (NYSE: BBVA) is working with Google (Alphabet) (NASDAQ:GOOG) to offer digital bank accounts according to a release distributed by the bank. Spain based BBVA has been in business since 1857 and boasts a strong presence in the US with 641 branches, mainly… Read More

July 19, 2020 @ 3:00 pm By Omar Faridi  |  

BBVA (Banco Bilbao Vizcaya Argentaria, S.A.), a Spanish multinational financial services company based in Madrid and Bilbao, Spain with nearly €700 billion in assets, has introduced the results of six proof of concept (PoC) trials that leverage quantum computing for several different potential business use… Read More

July 16, 2020 @ 8:52 pm By Omar Faridi  |  

Banco Santander, a Madrid-based multinational commercial that generates around 50 billion Euros in annual revenue, and Banco Sabadell, the fifth-largest Spanish banking group with over 26,000 employees, have finalized a proof-of-concept (PoC) test that supports the execution of digital payments via blockchain-based smart contracts. BBVA,… Read More

July 1, 2020 @ 1:51 pm By Samantha Hurst  |  

BBVA USA announced on Wednesday it has received approval to open 15 new branches across the state of Texas. According to BBVA USA, the branches are set to open in early 2021 and underscore the bank’s 5-year strategic plan launched in early 2020, which aims… Read More

June 11, 2020 @ 8:10 am By Samantha Hurst  |  

BBVA announced on Thursday its entire branch network in Spain is now operational after the bank reopened the last of the branches that were closed due to the COVID-19 pandemic. BBVA reported that the branches will follow strict safety measures, and the banking group is… Read More

May 20, 2020 @ 1:58 pm By Samantha Hurst  |  

BBVA announced on Wednesday it has teamed up with fintech FinIQ to launch of BBVA epricer, a website for its equities and credit-linked structured products. According to BBVA, BBVA epricer is designed to help professionals structure and obtain prices for equity and credit-linked investment products… Read More