BBVA launched the "fintech games" in the search for the most innovative startups; the finalists for the Open Talent FinTech For Companies Challenge include Bitbond, Cardlife, RedCapital, B2Bpay, Akoni, PayBlocks, Asteria, Invoice Capture and MyFinB Holdings; the companies hail from countries all over the world and the competition closed on July 17; according to BBVA, "After eight years of focusing purely on seeking out the fintech firms that are transforming the Financial world, this year at BBVA Open Talent we are broadening the competition as we continue searching for talent and collaboration." Source
In this conversation, we chat with Chris Dean, who is the Founder & CEO at Treasury Prime. Previously, Chris was the CTO & VP of Engineering at Standard Treasury, which was acquired by Silicon Valley Bank for an undisclosed amount.
More specifically, we discuss all things banking-as-a-service, FinTech APIs, embedded finance, and the general evolution of the FinTech banking industry over the last decade.
Swedish open banking platform Tink, undeterred by the evolving financial crisis, has acquired the Spanish account aggregator platform Eurobits Technologies;...
Spanish bank CEO Carlos Torres Vila of BBVA spoke at the IESE 12th Banking Industry Meeting yesterday and explained how banks will need to adapt to stay competitive; BBVA has acquired cloud computing, invested in digital banks, built out artificial intelligence and improved their mobile banking experience in recent years; these changes are meant to address customer needs and position the bank for the future; he also believes banks need to adapt management structures to be more modular, which will also bring more innovative talent and facilitate better communication. Source
Challenger bank Masthaven receives £60m investment Postal Banking Is Back — On Democratic Party Platforms — But Is It Viable?...
Spanish bank BBVA has acquired Openpay; fintech startup Openpay is a payment service provider that will help to facilitate real-time payments and transfers for BBVA; according to Openpay Co-Founder Roberto Bargagli: "This acquisition shows BBVA's commitment to digital transformation and it is an example of how fintech firms and banks are going to revolutionize the global ecosystem together. We will work with tremendous enthusiasm to take advantage of this huge potential." Source
Continuing with its fintech acquisition strategy, BBVA has acquired Openpay; Openpay is a Mexican B2B payments platform with more than one million transactions per month; with the new support, Openpay will seek to triple its transaction volume. Source
It was last November when we first heard that Prosper had plans to expand their offerings from personal...
In an op-ed in the FT, the chairman of BBVA, Carlos Torres Vila, argues for the expansion of European open...
BBVA is well known for being a leader when it comes to adopting new technology; back in 2011 they sought...