Collaboration between banks and fintechs: an innovation engine for corporate financial management

Digital transformation is revolutionizing the financial sector, and partnerships between banks and fintech have become a key catalyst for offering solutions adapted to the changing needs of companies. At BBVA, we promote this collaborative model to create products and services that optimize the treasury management of our clients, supporting their growth in an increasingly digitized environment.

In an environment where digitalization sets the pace for innovation, partnerships between banks and fintech are revolutionizing the way companies manage their cash flow and online payments. For BBVA, integrating the agility and technology of fintech with our banking expertise not only reinforces our commitment to innovation but also generates effective and personalized corporate solutions that make a difference for our clients.

Access to new technologies and personalization: The integration of technologies such as artificial intelligence into banking allows for increasing product and financial service personalization. Thanks to the agility provided by fintechs, we incorporate these innovations in less time, offering more effective solutions to manage our clients' liquidity and support their growth plans.
Greater accessibility to products and financial services: APIs have become a key tool for delivering embedded services that optimize the customer experience. The collaboration between banks and fintech gives corporate clients the opportunity to expand their reach and access new market segments by integrating our financial services directly into their platforms through APIs. This approach allows companies to incorporate key features, such as payments, collections and funding, directly into their digital environments. By doing so, they are able to connect with their customers at the most relevant time, during the payment or contracting, thus optimizing the user experience and boosting conversion.
Improved customer experience: The stability and trust of a traditional bank like BBVA, combined with the innovation of fintech, creates a complete and efficient experience for the client. We have digitized products and processes, eliminating the use of paper while ensuring maximum security and legal compliance. This allows us to offer a 100% digital, secure operation aligned with the needs of today's clients.

New horizons for transactional banking

These partnerships not only optimize current operations but also open the door to new business models. At BBVA, we assist our clients in creating digital ecosystems that integrate financial solutions into their own platforms. A prominent example is the support we provide to one of our clients in the creation of an application for direct, agile deposits and withdrawals. Through our APIfied services, customers of this company can operate directly in the application, enjoying a smooth and frictionless experience.

Although there are challenges, such as cultural differences or technological risks, the opportunities for partnerships between banks and fintech far outweigh the barriers. Banks that adopt this partnership model will be better prepared to face future challenges and meet the evolving needs of their clients.

At BBVA, this vision motivates us to remain in a state of constant innovation. From Global Transaction Banking (GTB), we continue to drive these strategic partnerships, strengthening our capabilities in cash flow management and online payment management and creating integrated financial solutions that generate value for all players in this new financial landscape.