The knock on neobanks (and personal financial management apps, for that matter) has long been that they are only useful to a certain kind of customer — young and single, with uncomplicated financial lives. Simple, the neobank that started it all, is taking on that issue. Owned by BBVA sinceRead More
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New York was rocking the fintech this week, from Next Money and BBVA Open Talent to Finovate Fall. Tune in to Brett King and company below to hear the fintech insider perspective.
The morning session at BBVA Open Talent Challenge was all about artificial intelligence. The afternoon session brought on the blockchain. From these sessions, two winners were chosen that will have the chance to engage with a global bank — perhaps the ultimate prize for a fintech startup today. The challenge was partRead More
Calling all fintech startups — today marks the opening of the application period for the second class of INV Fintech, a global accelerator operated by Bank Innovation and Fiserv. Interested startups can apply here. The application period will close Friday, September 9. INV, which launched in January, is the firstRead More
BBVA has its head in the cloud. Through a partnership with Red Hat, announced today, the global bank has designed and deployed an automated cloud based on Red Hat’s OpenStack Platform. The new cloud will allow the bank to have a “highly scalable” infrastructure to support faster digital services and applicationsRead More
We can all agree Credit Karma, Chase Mobile, Bank of America, Wells Fargo, and PayPal aren’t leaving the Top Ten on App Annie anytime soon. But ratings and rankings aren’t everything — there’s also the cool factor. How easy is the app to use? Does it makes us feel good (evenRead More
Finnish banking service Holvi announced in March it was joining the Spanish megabank BBVA, which also acquired Simple, but its digital presence makes no mention of it. Nor was BBVA mentioned in the announcement of Holvi’s long-awaited MasterCard for businesses. The card, which will become available April 26, was first discussed aboutRead More
Banks need APIs and app ecosystems, right? That’s what services such as Yodlee and Open Bank Project have been arguing for years, but precious few banks have traveled that road. One that has is Silicon Valley Bank, which bought the banking API startup Standard Treasury last year. BBVA became anotherRead More
A lot has happened in the bitcoin multiverse this week, some seemingly positive for the embattled cryptocurrency, some decidedly negative. Starting with Microsoft dropping online bitcoin support for obscure, possibly bureaucratic reasons to the same announcement’s heavy backlash from disgruntled users wondering what in the computerized world is the ostensible motivationRead More
It is one thing to talk the talk of working with fintech startups. It is a whole other thing to walk the walk. But exactly how does BBVA walk the walk with the fintech startups it works with? The Spanish bank has several POCs under way, and its OpenTalent startupRead More