Tagged: bbva

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

UK’s Atom Bank Raises £100M+ in Equity Capital from BBVA, Toscafund and Infinity Investment Partners

Atom bank, the UK’s first app based bank, has raised over £100m in new equity capital from long-term shareholders BBVA, Toscafund and Infinity Investment Partners. This is believed to be the largest private capital raise “by a digital bank in the UK this year, and… Read More

Twinco Capital Receives €50 Million Debt Commitment from BBVA for Supply Chain Finance

Twinco Capital has received a €50 million debt facility from BBVA Spark for supply chain financing. Twinco, a European Fintech founded by female entrepreneurs, says it will use the funding to provide the first sustainable supply chain finance solution in the market. Twinco CEO Sandra… Read More

Digital Identity Solutions: Veridas Voice Biometrics Now Available on Genesys AppFoundry

Veridas, a Spanish technology company specializing in digital identity and biometrics,  announces its Voice Biometrics Solution is now “available on the Genesys AppFoundry, a marketplace of solutions offering a curated selection of applications and integrations that elevate customer and employee experiences.” With Veridas Voice Biometrics,… 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

Carbonplace Announces New CEO, Secures $45 Million in Funding

Carbon credit transaction network Carbonplace has raised $45 million in “a strategic round of investment and formed its own entity.” Carbonplace, which “connects buyers and sellers of carbon credits through their banks, secured the seed funding from the financial institutions which founded the fintech: BBVA,… Read More

UK’s Atom Bank Secures £30M to Support Lending, Further Business Growth

Atom Bank, which claims to be the United Kingdom’s “first” app-based bank, has reportedly agreed to terms with BBVA, Toscafund and Infinity Investment Partners in order to add a further £30 million in equity to its balance sheet. It follows the £75 million that Atom… 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

BBVA to Invest $300M in Brazil’s Virtual Bank Neon

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

Garanti BBVA Provides its Corporate Clients the Ability to Upload Financial Data via Internet Banking

Taking a leading role in the sector with its innovative solutions in virtual banking, Garanti BBVA has implemented the Document Upload function for their corporate clients where they are able to add their financial data from Corporate Internet Banking. With this new function, Garanti BBVA… Read More

Newt Enters Agreement to Operate SaaS Payment Platform for BBVA’s Over 11M Clients in Mexico

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

Send this to a friend