Tag: BBVA
BBVA expands AI workforce with new ‘AI Factories’ in Mexico and...
BBVA has significantly ramped up its focus on artificial intelligence, doubling the number of staff dedicated to AI to over 400, following the launch of new 'AI Factories' in Mexico and Turkey.
Why robust compliance is key to harnessing BaaS opportunities
Banking as a Service (BaaS) has been celebrated as a significant catalyst within the European FinTech industry, driving its influence on a global scale. Napier AI, which offers a financial crime compliance solution, recently explored why a risk-based compliance approach is vital for BaaS.
BBVA enhances productivity with strategic OpenAI partnership
After years at the forefront of artificial intelligence (AI)-based research and projects, BBVA has taken another significant step forward in the use of generative AI in its main markets.
BBVA agrees deal with OpenAI to implement ChatGPT across its workforce
BBVA, a prominent Spanish banking group, has signed a deal with OpenAI to implement ChatGPT across its workforce.
Mexican incumbent bank downloads increase 30% outpacing neobanks in 2024
Combined Mexican banking downloads reached 57m in April 2023 – April 2024, a 23% increase YoY. Incumbent banks dominated and saw a combined 39.9m...
Twinco Capital secures €50m debt facility to bridge trade finance gap
Twinco Capital made headlines as it recently secured a €50m facility with BBVA Spark, aiming to enhance its growth trajectory.
German FinTech Solaris in tight spot getting funding
Solaris, a prominent figure in the German FinTech sector, is experiencing hurdles as it tries to garner the necessary funding, casting shadows over its capability to fulfil a pivotal credit card agreement for ADAC, Europe’s leading motorists association. This situation hints at emerging challenges in the European FinTech domain.
BBVA launches financial crime prevention unit to aid customer protection
BBVA, a leading Spanish banking group, has recently unveiled its new global financial crime prevention unit.
UK challenger bank Atom nets ?30m
UK challenger bank Atom bank has held off its floatation after raising ?30m in equity from BBVA, Toscafund and Infinity Investment Partners.
Atom picks up funding on its way to IPO
UK app-based bank Atom has raised more than £75m in new equity priced at 70p per share as it continues to grow and strive to go public.