BBVA notes biometric sign-up progress
09 August 2018 10:55 GMT

Spanish bank BBVA has enhanced its immediate sign-up process thanks to a technological development in biometric identification created by Veridas.

The system, which is being rolled-out over time, consists of the verification of documents to confirm the individual’s identity, followed by biometric authentication of the potential customer, using a photograph and video.

The process, which is cutting-edge in the Spanish banking system, simplifies the current process and facilitates immediate customer enrollment with BBVA for the self-employed and individuals.

BBVA closed June with 3.6 million mobile customers. With these users, the BBVA app exceeds 50 million monthly sessions, which makes this channel the fastest growing in use. 

Self-employed customers who use the immediate enrollment service will be able to sign up for a business account and business card to be used exclusively for business purposes. This service has no charge; the business customer only needs to set up automatic transfers for taxes, social security, and/or employee salaries. All without leaving his or her office.

Business account customers can manage all their necessary day-to-day banking needs using BBVA’s app, such as paying social security, employee salaries, or taxes