BBVA seeks developers across the world to help it create new services, applications and content through a contest that runs through Dec. 3.
Participating developers will receive dissociated card transaction data from the Spanish bank, including purchases made between 2012 and April 2013, data generated in Madrid and Barcelona, and spending categories. They will also be given access to one of the bank's APIs.
The move follows the recent footsteps of Bank Leumi, which launched an accelerator program to gain access to fintech developers and Westpac New Zealand, which courted mobile app designers in an idea contest.
"Our aim, as well as ensuring that these data are more accessible and easier to use by anyone, is to provide them with intelligence so that decision-making by companies and public institutions can be more efficient and favor improvement in the quality of life of their citizens."
BBVA will award about $120,897 in total to nine winners, and the intellectual property rights will remain with the developers.