Capital One Buys The Beloved Level Money App

With the purchase, capital one cements its large investment in banking UX. This week, Capital One announced the purchase of Level Money—acleanly designed mobile investment app billed as the “Mint for millennials,” and which racked up over 700,000 downloads in 14 months. What makes Level Money more than mere marketing? Its unique interface doesn’t just…

BBVA acquires big data startup Madiva

BBVA has acquired Madiva Soluciones, a Spanish startup specialized on services based on big data and cloud computing. The acquisition is part of BBVA’s strategy to lead the banking industry in the digital age. “Big data is an area of great potential for BBVA and Madiva strengthens our capabilities from day one,” said Carlos Torres…