The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

North America's best digital bank 2016: BBVA Compass

AfE 2016 logo-196 135


Results index 

In digital innovation, however, no bank in the US can touch BBVA Compass, which wins the award for North America’s best digital bank. Whereas large domestic banks have pushed back against disrupters, BBVA Compass exemplifies what can happen when a bank embraces them. That journey began more than five years ago when the bank began overhauling its core technology system into a real-time platform, making it among the first to implement real time processing. It was almost unheard of for US banking customers to have that level of transparency and control, but then BBVA Compass took it to a new level: it opened its platform to digital innovators. As a result, customers of BBVA Compass can send and receive funds instantly through Dwolla rather than wait for Automated Clearing House.

Chad Ballard, director of business development and professional services for BBVA’s new digital businesses area explains: “The few real-time solutions in the US are still evolving, and adoption by consumers will take time, so we took a step forward by teaming up with Dwolla.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree