Tagged: bbva

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

May 5, 2020 @ 7:13 am By Omar Faridi  |  

The Banco Bilbao Vizcaya Argentaria (BBVA), a Spanish multinational financial services company based in Madrid and Bilbao, Spain with around €700 billion in total assets, has teamed up with a local research center, called the IMDEA Software Institution. The BBVA noted in a release that it… Read More

May 4, 2020 @ 7:35 am By Omar Faridi  |  

Mobile and online banking users have increased significantly due to the COVID-19 pandemic. This, as banks across the globe have taken measures to limit or restrict in-person visits to physical branches, in order to prevent the further spread of the Coronavirus. A recent J.D. Power… Read More

March 23, 2020 @ 3:31 pm By Samantha Hurst  |  

Garanti BBVA, BBVA’s Turkish unit, announced on Monday it is responding to the coronavirus pandemic by implementing a series of proactive measures in order to address the outbreak, which has affected nearly 180 countries throughout the world. Garanti BBVA reported that the new measures are… Read More

March 12, 2020 @ 7:21 am By Omar Faridi  |  

BBVA (Banco Bilbao Vizcaya Argentaria, S.A)., a Spanish multinational financial services company, is making changes to its Open Talent competition for early-stage firms and startups, in order to work cooperatively with Fintech businesses. BBVA is one of the world’s largest financial institutions. It offers services… Read More

March 5, 2020 @ 10:17 am By Omar Faridi  |  

A recent study published by Juniper Research claims that by 2024, the number of digital banking customers will surpass 3.6 billion, which would be a significant 54% increase from the current 2.4 billion users in 2020. This considerable growth has been attributed to the steady… Read More

March 4, 2020 @ 7:12 am By Omar Faridi  |  

Banco Santander S.A. (Santander Group) (BME:SAN), the world’s 16th-largest banking institution and financial services company based in Madrid, is reportedly in the final stages of introducing its new Fintech spinout PagoFX, which will compete with leading cross-border money transfer service provider, TransferWise. Sifted reported that… Read More

March 2, 2020 @ 3:13 pm By Samantha Hurst  |  

Simple, a U.S. fintech and subsidiary of BBVA USA, announced on Monday it has appointed Moin Moinuddin as its new Head of Engineering. According to Simple, Moinuddin will lead all of Engineering, which includes product engineering and infrastructure. Moinuddin reportedly brings decades of experience in… Read More

March 2, 2020 @ 8:08 am By Samantha Hurst  |  

BBVA announced late last week the launch of its credit card made out of recycled plastic in Spain. The banking group reported that this launch is part of its commitment to the fight against climate and adopt initiatives that contribute to the Sustainable Development Goals…. Read More

February 27, 2020 @ 9:58 pm By Samantha Hurst  |  

BBVA announced on Thursday it has strengthened its partnership with Cisco through the development of new tools to improve productivity and sustainability. BBVA reported that it is implementing Cisco Webex technologies globally to upgrade its videoconferencing capabilities and also significantly reducing greenhouse emissions resulting from work-related… Read More

February 21, 2020 @ 10:00 pm By Samantha Hurst  |  

Wollit, a UK-based “socially-focused” fintech startup, announced on Thursday it received an investment from venture capital firm Anthemis and banking giant BBVA’s venture creation partnership. Founded in 2017, Wollit claims to be a financial stability network that is giving “peace of mind” to people in… Read More

January 27, 2020 @ 8:28 am By Samantha Hurst  |  

Holvi, the BBVA-owned digital banking specialist for self-employed business owners, has officially expanded its services to its third core market, which is the UK. The company’s other core markets are Germany and Finland. Its further operating countries are Ireland, Belgium, France, Italy, and the Netherlands…. Read More

January 14, 2020 @ 7:47 am By Samantha Hurst  |  

BBVA, a Spanish multinational banking group, announced on Tuesday it has partnered with the authentication solutions company Nok Nok Labs to further strengthen the use of biometric authentication on its mobile banking services. BBVA reported that through this agreement, Nok Nok will provide BBVA with… Read More

January 13, 2020 @ 10:59 am By Omar Faridi  |  

BBVA, a major Spanish multinational banking group, is considering the possibility of providing various banking-related products via Amazon (NASDAQ:AMZN). The financial industry has seen a large number of new solutions being introduced during the past few years and there has been a sharp increase in… Read More