BBVA should be on the radar of many credit union and community bank executives. That’s because BBVA, Spain’s second-biggest bank is creating a new digital banking unit as part of a shake up of its structure as they prepare for the humanized digital economy.Just a few weeks ago, BBVA invested in a digital asset with the acquisition of Simple. I believe BBVA understands the need to evolve the way they operate and generate leads for loans and new accounts in a humanized digital economy.According to the American Banker, “Gonzalez has repeatedly said he wants to use technology to make the bank more efficient and increases its appeal to clients, fending off competitors he predicts will emerge from the world of electronic commerce. In a speech to shareholders this month he likened the emergence of new digital companies to the so-called Cambrian Explosion about 540 million years ago when life forms on earth multiplied and evolved rapidly.”Evolution Followed the Cambrian ExplosionRegardless of how you believe life came to be, one thing for certain is life on this planet has and will continue to evolve.And just like in nature, organizations who have difficulty adapting to changing environments eventually die and become extinct. Just think about how established companies have fallen in commoditized industries such as film, music and books, thanks in part to the rise of Internet and an empowered consumer. continue reading » 10SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr
Wellington Police notes: Monday, February 27, 2017:â€¢9:06 a.m. Officers took a suspicious activity report in the 100 block S. Seneca, Wellington.â€¢9:16 a.m. Officers assisted an outside agency in the 300 block E. 9th, Wellington.â€¢9:33 a.m. Joshua B. Schlecht, 32, Wellington was arrested on a city of Wellington bench warrant for failure to appear.â€¢9:37 a.m. Officers investigated criminal damage to a tire in the 700 block N. F, Wellington.â€¢10:10 a.m. Officers took an animal complaint in the 1200 block S. F, Wellington.â€¢1:36 p.m. Officers took a miscellaneous report in the 1300 block Edgewood, Wellington.â€¢2:41 p.m. Officers took a report of suspicious activity in the 400 block S. C, Wellington. â€¢3:15 p.m. Ryan F. Bohannon, 36, South Haven, was issued a notice to appear for seatbelt violation.â€¢3:18 p.m. Joey M. Thompson, 43, Wellington was issued a notice to appear for seatbelt violation.â€¢3:28 p.m. Adam K. Dry, 29, Wellington was issued a notice to appear for seatbelt violation.â€¢6:17 p.m. Officers took a report of a civil matter in the 1300 block N. B, Wellington.â€¢7:09 p.m. Officers investigated criminal damage to windows in the 100 block E. 4th, Wellington.â€¢7:39 p.m. Officers took a report of a verbal disturbance by known subject(s) in the 1300 block E. Lincoln, Wellington.â€¢7:57 p.m. Officers took a suspicious activity report in the 800 block N. Woodlawn, Wellington.