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BBVA Mexico is giving its credit and debit cards a makeover, adding biometrics, removing printed data and using recycled plastic. 
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The bank has made three large write-downs on the price it paid for the Portland online bank.
Vineet Anand's insight:
BBVA wrote down goodwill impairment of $60 million on simple, which it acquired 3 years ago with 100k customers. CEO is upbeat stating 30k customers added each month at a lower cost of acquisition!
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BBVA has inked a global agreement with Amazon Web Services (AWS), pitching its digital transformation strategy deeper into the cloud.
Vineet Anand's insight:
BBVA moving data intensive applications into cloud in agreement with AWS. BBVA anticipates growth to one billion digital transaction per day in 2017, double from current level.
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BBVA is collaborating with Red Hat on the introduction of an open source multi-cloud-based operating environment from which to further its digita
Vineet Anand's insight:
Red Hat to offer PaaS and IaaS services to BBVA for it digital transformation agenda!
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BBVA -- the Spanish banking giant that acquired Simple in the U.S. and last year made a $67 million investment in still-stealth mobile-only bank Atom in the..
Vineet Anand's insight:
Propel is the new Fintech VC with $250 million from BBVA having closed in-house venture arm BBVA Ventures. Will Prosper raise more funds, seems unclear at this stage. BBVA ventures made investments in Prosper, Taulia, Personal Capital, Atom and acquired Simple. BBVA's digital agenda has spurred growth in its recent financial results.
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Curated by Vineet Anand
Payment Industry leader passionate about Fintech, Innovation in Banking, Product Management & Strategy, driving revenue growth through client management, business development and P&L focus.
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Dynamic CVV's with fingerprint usage!