BNP Paribas CEO Jean-Laurent Bonnafé reportedly expressed skepticism about the potential for a revival of mergers and acquisitions (M&A) activity in European banking. Speaking Tuesday (May 14) at a shareholder meeting, Bonnafé highlighted the economic challenges of cross-border and domestic deals in the industry, dampening...
BBVA has added support for Mastercard cards to its corporate expense management platform for its customers in Spain. The Solred Mastercard is now available through the SAP Concur and Emburse Captio expense management tools, and it will be integrated into the platform’s other expense management...
Spain’s BBVA bank upped its stake in digital bank Neon with a $300 million (€263 million) investment, giving the legacy financial institution an additional 21.7% interest in the Brazilian startup, according to a press release on Monday (Feb. 14). BBVA anticipates the new deal will...
Venture capital funds have gone in big on crypto, with Bloomberg writing that they’ve spent $17 billion this year already. Bloomberg notes that this amount is not only more than any other year — it’s also more than any other year on record combined. Much...
August 04, 2020
When the story of the coronavirus is written, when it comes to financial services, the key chapters will focus on the pace at which innovation accelerated — and where a range of players came together to create ecosystems, rather than to simply compete in zero-sum, winner-take-all bids for consumers. Those ecosystems will leverage the trust that consumers […]
July 25, 2019
Banks need to innovate faster and further when it comes to the technology they use on their online platforms, as to stay one step ahead of bad actors with access...
June 17, 2024
Spanish bank BBVA is reportedly considering opening a digital consumer bank in Germany. In this effort, the bank will use existing technology to lower the cost of expansion, Bloomberg reported Monday (June 17), citing unnamed sources. BBVA did not immediately reply to PYMNTS’ request for comment. The project is led by the head of BBVA’s […]
May 14, 2024
BNP Paribas CEO Jean-Laurent Bonnafé reportedly expressed skepticism about the potential for a revival of mergers and acquisitions (M&A) activity in European banking. Speaking Tuesday (May 14) at a shareholder...
February 13, 2023
BBVA has added support for Mastercard cards to its corporate expense management platform for its customers in Spain. The Solred Mastercard is now available through the SAP Concur and Emburse...
February 14, 2022
Spain’s BBVA bank upped its stake in digital bank Neon with a $300 million (€263 million) investment, giving the legacy financial institution an additional 21.7% interest in the Brazilian startup,...
