28 news stories.
• Should BBVA be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.
• Should BBVA be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.
A working group of 30 Spanish banks and payment services providers, including BBVA, Banco Sabadell, Banco Santander, CaixaBank and Iberpay, have completed a proof of concept (PoC) trial for digital euro transactions and recommended that the proposed central bank digital currency (CBDC) is designed to leverage existing payments infrastructure... More
Some 30 banks and payment services providers in Spain, including BBVA, Banco Sabadell, Banco Santander, ING, Deutsche Bank and Iberpay, have set up a working group to test the use of a digital euro for contactless in-store payments as well as ecommerce transactions and peer-to-peer (P2P) transfers... More
Consumers in the USA will be able to open mobile-first checking and saving accounts with 11 banks and credit unions from within Google Pay from 2021, Google has revealed in a blog post that also announces the launch of a redesigned version of the Google Pay app for both Android and iOS... More
Customers of BBVA bank in Spain can now apply for a ‘blank’ physical and digital payments card with ‘hidden’ credentials and a dynamic CVV code that can be used in credit, debit or prepaid mode... More
Spanish banking group BBVA is to pilot a service which will enable merchants to accept contactless payments on their Android smartphones without the need of additional hardware... More
Sixteen major European banks have announced plans to jointly create a new company that will be tasked with delivering “a seamless, competitive and unified payment solution” for in-store, online and P2P payments across Europe... More
Istanbul travel card top-ups are fast, easy, and free with Garanti BBVA’s mobile app — BBVA — “To take advantage of this feature, customers simply need to register their card with the app. They can then add to the balance directly from their Garanti BBVA account, free of charge. Customers can also refill travel cards for friends and family.”
BBVA, in alliance with Uber, launches first banking product in Mexico that operates in third party app — BBVA — “For the first time we are offering a BBVA product that will ‘live’ in a third party’s platform. In other words, we are bringing the bank to our partner, who in turn is bringing us to their drivers and delivery partners, so they can take advantage of all the benefits that the bank has to offer, all with a single click.”
BBVA builds a global payment platform for the future — BBVA — “BBVA Group has developed a platform to facilitate mobile payments across all the countries in its footprint. The platform developed by BBVA connects to Visa and Mastercard directly from each country’s application and provides the data required to process digital transactions from a smartphone”
BBVA launches facial recognition payments — BBVA — “Customers in the bank’s restaurants simply have to smile (or not, depending on their mood) at a camera booth next to the cash registers, and provided they have registered, the system identifies them and automatically bills the customer for the purchase… Colleagues can also use the dedicated Selfie & Go app to order their drinks ahead, with the system automatically charging the customer when they collect.”
BBVA launches its ‘invisible payments’ strategy — BBVA — “BBVA is already working on developing a facial recognition system to allow users to pick up their food and sit down directly, without needing to make a manual payment, or for anyone to check the user’s identity… The system uses machine learning algorithms through which the machines ‘learn’ to identify both the faces of users and products on the tray in order to make the correct charge on their card.”
BBVA brings Android Pay to Spain — BBVA – “BBVA and Google today announced the launch of Android Pay in Spain. This payment system will allow BBVA customers to use their Visa and Mastercard cards in order to pay with their mobile phones. Android Pay will be operational in the more than one million businesses in Spain with contactless technology.”
BBVA brings Alipay to Spain — BBVA — “BBVA will integrate Alipay into the bank’s Smartpay service, which turns a cell phone into a means of payment… Stores already using the service simply need to update the Smartpay app to be able to accept payments with Alipay. BBVA is also working with the large chain stores in Spain to prepare them to accept payments with Alipay as early as possible.”
New BBVA Wallet release provides enhanced functionality and convenience — BBVA Compass — “MLC uses geolocation information being transmitted by a customer’s mobile device as a means of approving debit card transactions for customers when they travel. When a customer enrolls in MLC, the bank is able to know at the time of purchase whether the cardholder’s device is nearby.”
Spanish bank BBVA has launched its open banking program by making eight of its APIs commercially available for the first time, meaning that third-party companies including startups and developers will be able to build new products and services by accessing and integrating customers’ banking data into their applications. More
BBVA integrates its financial services into social and messaging networks — BBVA — “BBVA customers can now interact in Spain with the bank via social networks and instant messaging services. BBVA has developed two new tools, Chatbot and BBVA Cashup, which allow customers to access financial information via Facebook and Telegram, and also to make payments via Bizum from Whatsapp or any messaging service.”
BBVA bank is offering new customers in Spain the chance to open an account with them using their mobile phone, with identity verified using face recognition and video calls... More
More than one million consumers have downloaded BBVA’s host card emulation (HCE) mobile wallet since it launched in June 2014... More
European mPOS company SumUp has announced €10m (US$11.2m) in funding from investors including BBVA Ventures and Groupon, taking the company’s funding total to €50m... More
Spanish bank BBVA has updated its BBVA Wallet app, allowing customers to use their mobile phone to limit plastic cards for ecommerce or ATM withdrawals, as well as turning cards ‘on’ and ‘off’ at any time... More