BBVA Compass and Zenmonics form alliance to develop tablet-based app
– Mobile app for bankers on the go
– Technology to help bank’s sales force meet clients’ needs inside and outside the bank
– App will be piloted in Birmingham, Ala., and Houston during the third quarter of 2014
HOUSTON, Aug. 4, 2014 /PRNewswire/ — BBVA Compass and Zenmonics Inc. today announced an agreement to design and test a tablet-based app for the bank’s sales force, giving them the ability to meet clients’ needs from virtually anywhere.
The app will be based on Zenmonics’ mobileBANKER, which makes a full array of sales, marketing, transaction and account services information available through a single interface on a secure, mobile tablet device. The app will be tested during the third quarter of 2014.
“This technology will make bankers more agile as we begin to interact with clients inside the bank and out,” said Dave Kucera, director of Business Innovation for BBVA Compass. “Add BBVA Compass’ ability to process transactions in real time, and the device becomes even more nimble.”
Kucera also indicated that he expects the tablet to make the branch environment more eco-friendly as e-signature capture and secure digital documentation will allow for a significant reduction in paper usage.
The bank, which is managing the initiative out of its Business Innovation department in Houston, expects the alliance with Zenmonics to help it redefine the way its bankers interact with and serve customers.
“BBVA Compass continues to drive innovation for both its customers and employees,” said Chris Siemasko, senior vice president of Product Solutions for Zenmonics “We are very pleased to support BBVA Compass with our mobility solutions.”
Zenmonics’ mobileBANKER application is part of its channelUNITED platform, which provides financial institutions with a common architecture to deliver features to customers and employees.
“BBVA Compass’ vision of banking’s future is digital, and Zenmonics is accelerating key technology solutions that are aligned with that vision,” said Kucera.
BBVA Compass and Zenmonics formed a strategic alliance earlier in 2014, leading to today’s announcement.
About BBVA Group
BBVA Compass is a subsidiary of BBVA Compass Bancshares Inc., a wholly owned subsidiary of BBVA (NYSE: BBVA) (MAD: BBVA). BBVA is a customer-centric global financial services group founded in 1857. The Group has a solid position in Spain, is the largest financial institution in Mexico and has leading franchises in South America and the Sunbelt region of the United States. Its diversified business is geared toward high-growth markets and relies on technology as a key sustainable competitive advantage. Corporate responsibility is at the core of its business model. BBVA fosters financial education and inclusion, and supports scientific research and culture. It operates with the highest integrity, a long-term vision and applies the best practices. The Group is present in the main sustainability indexes. More information about the BBVA Group can be found at www.bbva.com.
About BBVA Compass
BBVA Compass is a Sunbelt-based financial institution that operates 673 branches, including 342 in Texas, 89 in Alabama, 77 in Arizona, 62 in California, 45 in Florida, 38 in Colorado and 20 in New Mexico. BBVA Compass ranks among the top 25 largest U.S. commercial banks based on deposit market share and ranks among the largest banks in Alabama (2nd), Texas (4th) and Arizona (5th). BBVA Compass has been recognized as one of the leading small business lenders by the Small Business Administration and recently earned the top ranking with customers in American Banker’s 2014 annual reputation survey of the top 25 largest U.S. retail banks. Additional information about BBVA Compass can be found at www.bbvacompass.com, by following @BBVACompassNews on Twitter or visiting newsroom.bbvacompass.com.
BBVA Compass is a trade name of Compass Bank. Compass Bank, member FDIC.
About Zenmonics Inc.
Zenmonics is a global technology services and product company serving the banking and financial technology market in more than 60 countries. We specialize in omni-channel integration, bank technologies and mobility solutions for the financial services industry – from small community banks and credit unions to the world’s largest financial services organizations. Zenmonics is headquartered in Charlotte, N.C., with additional offices in Hyderabad, Mumbai and Bangalore, India.
SOURCE BBVA Compass