BBVA: BBVA Open Platform

Create a vendor selection project & run comparison reports
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.
15 April 2020
Stephen Greer and Zilvinas Bareisis

Winner of the Model Bank 2020 Award For Banking-as-a-Platform


Celent recognizes BBVA as the 2020 Model Bank winner of Banking-as-a-Service with it's BBVA Open Platform.

Banking is seeing a digital shift, which is having a profound impact on the way institutions serve their customers. The search for more revenue is transforming business models, and institutions are moving beyond vertical integration to broader ecosystems of opportunity. BaaS platforms, for example, are emerging to increase scale and efficiency of deposit gathering while powering services for fintechs and nonbanks. Some institutions are exploring BaaS as a new business.

BBVA Open Platform is an API-driven, white-label banking and payments solution, which dramatically expands the company’s reach. The platform allows third parties to integrate services directly into their customer journeys or UI, which are supported by BBVA’s bank core and license. Third parties don’t need to build out complex capabilities or apply for a license but instead just pay for consumption. As such, BBVA USA acts as the deposit gatherer and infrastructure provider, enabling third parties to think about their core value propositions rather than “reinventing the wheel” of banking and payments.

See all 2020 Celent Model Bank winners

Subscription required

Access to this content requires a Celent research subscription.

Subscribers should sign in to access this research.

If you are not a subscriber, register now or contact us to find out more about our subscription options.

Insight details

Retail Banking
Subscription(s) required to access this Insight:
Banking, >>Retail & Business Banking
Insight Format
Geographic Focus
Asia-Pacific, EMEA, LATAM, North America