Spain Bbva Plans Tender

BBVA seeks expansion of the scope of its biometric onboarding program. BBVA was the first bank in Spain to enable digital enrollment which is currently available in Mexico Spain the US and Colombia. Soon this technology is expected to arrive in Turkey Peru and Argentina before making its way to all BBVA customers by 2019-end.The banks onboarding platform makes use of selfie authentication tech from Veridas to verify the identities of new customers. Veridas is a joint venture between BBVA and Das-Nano launched in 2017 and has developed an algorithm that achieved a top-three score in NIST testing.According to BBVA it will reuse old technology to bring biometric enrolment to each region. Different locations will have access to different channels on the basis of local preferences and regulatory requirements. Gonzalo Rodrguez BBVA Head of Customer Solutions said We want customers to have access to their preferred channel at any time of day or night. Veridas has demonstrated that they have unrivaled technology which will now be available to our customers wherever we operate.BBVA expects introduction of more mobile banking features also to include loan and mortgage applications over the course of 2020.