Computer studies, sciences and development
27 Mar 2019
As technological innovation continues, customer expectations evolve at a similarly rapid pace. In navigating this dynamic landscape, financial institutions are increasingly seeking assistance from outside, third party providers, a strategy that itself poses inherent risks, like cybersecurity challenges and the potential for digital-related fraud. Greater attention and scrutiny from regulators naturally results from this developing risk paradigm.
19 Feb 2019
When a company is about to embark on an important project, one of the first decisions it needs to make is which model is the most appropriate to manage the project. In other words: which project or development methodology is most suitable? The two most commonly used approaches are: agile and waterfall.
15 Feb 2019
Integrating the fundamentals of quantum mechanics into computer science will bring about a sea change in the depth and breadth of computing power. Although there are still hurdles to overcome, recent advances suggest these obstacles will soon be a thing of the past.
29 Jan 2019
Google recently obtained a payment license in Ireland and Lithuania in order to offer payment services. Alipay, the financial division of Alibaba, received a similar license in Luxembourg. Facebook has had one since 2017. These licenses open the door to Internet giants operating as payment service providers across Europe, allowing them to manage card payments and transfers, for example. Is this merely the first step to them becoming banks?
10 Jan 2019
The 49th World Economic Forum, known as the Davos Forum, is set to begin on January 22 in the Swiss district of Davos-Klosters. For four days politicians, businessmen, and representatives from social and cultural organizations will gather to discuss global problems and identify solutions. This year, the forum will place special emphasis on international collaboration, giving the world a voice.
07 Dec 2018
The advantages are many. This doesn’t mean we have to be specialists in computer science. Programming languages are what allow machines to be given instructions, and what makes them, more or less, intelligent. So, the more we know about these processes, the better we understand how the world today functions. We will also be better protected against urban myths and fake news. For example, if we knew how the algorithms that protect our bank accounts work, we would be leery of the urban myth that says if we enter our pin backwards in the ATM, the bank immediately notifies the police.
03 Dec 2018
29 Nov 2018
Now that using a cell phone and computer has become an everyday part of life, it’s important to be aware of the different types of online threats. Phishing, vishing and smishing are just a few of the online scams cybercriminals use to steal private data, but this can be avoided through information and preventative action.
27 Nov 2018
The problem of data integrity verification is a classic topic that has been well-studied in the last decades. Many database or log systems run on untrusted servers or are subject to malicious attacks from insiders and, therefore, vulnerable to tampering. With the advent of cloud computing and the possibility of dealing with outsourced data, such situation has been aggravated. This problem is an essential challenge for financial institutions where preserving the correctness of customer data and transactions is crucial in terms of legal compliance and reputation.
28 Sep 2018
01 Aug 2018
What does rooting or jailbreaking a mobile device mean? Both verbs refer to the same action of removing the limitations that mobile device manufacturers impose to limit user access to the devices’ resources, thus becoming some sort of superuser. Root however is used when the action is performed on android devices, and jailbreak on iOS devices.
06 Jul 2018
Technology changes our lives day by day, offering us capabilities that were unimaginable just yesterday, but also complex challenges and potentially frightening conflicts. In other words: the perfect raw material for the best TV comedy and drama, which has found fertile ground in anti-establishment hackers, genius programmers, start-ups in distress, indolent IT guys or dystopian visions that seem a little too much like the world we live in.
26 Jun 2018
Using a smart contract will always make sense when there is a defined workflow that needs to be managed according to certain rules or to ensure the fulfillment of certain previously agreed conditions.
21 May 2018
12 Mar 2018
At this point, it’s not surprising that apps that are spontaneously installed on our devices use our personal data in a number of ways.
06 Mar 2018
At BBVA Labs, we have been using Akka Actors in different projects for a long time due to its inherent computation distribution capabilities in high load scenarios, using actors as stateless or stateful units of execution that send messages among them in an asynchronous fashion.
In this post, we will cover some of the weak points of working with untyped classic actors and we will show what are the benefits that Akka Typed brings to the scene. Finally, we will present a brief description of session types and the Process DSL API created by Dr. Roland Kuhn. All examples are written using the Scala API.
02 Mar 2018
BBVA’s drive towards delivering a world class digital banking experience has taken another step forward. Over the past year the bank has seen an almost twofold year on year increase in the number of products and services its customers and clients are taking-up via digital channels.
28 Feb 2018
Digital identity is the online version of an individual’s physical identity. It consists of all of the individual´s personal data that is available online —not just an email or physical address, but also pictures, banking info, shopping preferences. This identity is not uniform, as we share different attributes in different platforms. In other words, we don’t share the same type of information on LinkedIn and Facebook, for example.
20 Feb 2018
The head of the BBVA Data & Analytics’ Edge team, José Antonio Rodríguez-Serrano, who coordinates the innovation area in BBVA’s center of excellence in data science, shares his insights into five key questions to understand the implications of this exponential technology in different economical sectors and spheres of society.
16 Feb 2018
14 Feb 2018
13 Feb 2018
As we have seen in previous articles, the intelligent use of data, with the right talent and the pertinent business strategies for applying creative solutions, can provide insights that help solve a whole gamut of problems and take on board new opportunities. Data places within our grasp an enhanced decision-making ability and a deeper understanding of our clients and what they need. But as in the case of any other tool, these new skills can be put to positive or not so positive use, whether intentionally or not.
12 Feb 2018
The use of virtual assistants, mainly in the form of smart speakers, is rapidly gaining ground. In less than a year, devices such as Echo and Google Home have appeared in households across the globe and users are becoming increasingly comfortable carrying out searches, purchases and even bank transactions using this format, which looks set to become the transactional interface between customers and companies.
31 Jan 2018
We inferred as much in the title to the first article of this series: to key to realizing all the opportunities of this new technological era, lies in these three factors: raw material—data—and the other two are human factors—intelligence and innovation.
24 Jan 2018
23 Jan 2018
15 Jan 2018
BBVA announced the creation of the Information Security & Engineering Risk (IS&ER) unit, a new area within Engineering, to coordinate the group’s information security, cybersecurity and engineering risk efforts. Álvaro Garrido has been appointed head of IS&ER, reporting directly to BBVA’s Global Head of Engineering, Ricardo Moreno.
The world’s tech giants are competing to dominate the field of Artificial Intelligence, which is likely to become the key technology of the digital economy. Who’s leading in this race and what consequences will it have?
10 Jan 2018
Artificial Intelligence is no longer science fiction. In fact, it has begun to revolutionize the job market, providing opportunities for professionals with a solid foundation in STEM (science, technology, engineering an mathematics). Universities are responding with graduate programs and online courses in specific areas of AI.
26 Dec 2017
The new technologies, and their presence in everyday life, are radically changing the way we look at entertainment, social relationships and work. They have also created new professions that do not yet have a set educational pathway, such as videogame developer.
05 Dec 2017
The number of companies and investors betting on blockchain continues to grow. But how did it come about? What was needed to develop bitcoin, its first practical application? And who were the pioneers of blockchain?
29 Nov 2017
27 Nov 2017
One of the biggest financial stories of 2018 will be the entry into force of the European Union’s Payment Services Directive 2 (PSD2). For customers, the measure will mean faster, simpler and more secure digital payments. And for banks and the fintech ecosystem, it presents a great opportunity.
23 Nov 2017
The APIfication phenomenon is by no means restricted to the banking sector. At the API Forum held this week in Madrid, insurance and entertainment companies participated, together with BBVA, to discuss the keys to designing APIs capable of attracting developers.
22 Nov 2017
This isn’t an article about magic or a secret trick for using cell phones. It’s simply about using the voice assistants that any mobile device contains: Siri for Apple and the popular “OK Google” for Android. Both allow users to send messages while leaving the smartphone on the table, untouched.
21 Nov 2017
Big Data Spain brought together more than 1,200 specialists in data analysis and science in Madrid for two days, during which it was made clear how this technology can bring a new dimension to any area: from marketing to user experience to economic and geopolitical analysis.
20 Nov 2017
16 Nov 2017
Samsung and BBVA today presented the iris scanning feature, which will allow BBVA customers with Samsung-compatible smartphones to log on to the bank’s Spanish mobile banking app just by looking at their displays.
15 Nov 2017
Manufacturers are working hard to ensure that their smartphones are bestsellers. It’s a race in which the brands and models remain virtually unchanged. The iPhone 7 was the top-selling smartphone in the third quarter of 2017, with a total of 375.9 million devices sold. This represents a 5.9% increase over the same period last year.
10 Nov 2017
They’re always popular with users of Android mobiles and they’re a fixture on any smartphone. Weather applications allow you to be always informed, in real time, about the meteorological conditions at a given place. Some of these apps are free, others have a cost; some are well known and others are just making a name for themselves in the market.
09 Nov 2017
BBVA’s Group Executive Chairman is convinced that technological advances will be accompanied by greater progress and well-being, but he is also calling for policies and structural reforms that are capable of mitigating the costs of the transition to the new digital society. Supporting research and education, promoting competition and transparency in the markets and developing new employment policies and social protection systems were among the recommendations Francisco González shared at an event organized by El Periódico de Catalunya and BBVA in Barcelona.
08 Nov 2017
Only two months ago, it was just an experiment. Twitter decided to double the number of characters per message for certain selected accounts. The goal was to find out whether the traditional 140-character limit was an obstacle to the best use of the application.
07 Nov 2017
06 Nov 2017
Madrid hosted last week the Service Design Global Conference (SDGC17), a leading event in the world of service design that pays special attention to how this discipline is changing the world of banking. BBVA took part in one of the sessions to explain how design is, without a doubt, a key element in the success of its financial products and in satisfying customer needs at a time of great challenges for banking.
02 Nov 2017
The revolution in the automobile industry isn’t just about driverless cars. Blockchain technology will also have an impact on the sector, especially on the internal processes of companies.
31 Oct 2017
From a small town in Burgos province, the mobile robotics engineering firm ASTI shows that digitization provides an opportunity to restore the fabric of industry.
30 Oct 2017
Year 2049. Three decades have passed since Richard Deckard began hunting down and retiring Nexus 6 models. The Wallace Corporation has built an empire on the ruins of Tyrell Corp, designing a new generation of replicants, more obliging and integrated in society. Through the implementation of memories, the new models have an emotional foundation that makes them more stable than their predecessors, much more similar to humans.
26 Oct 2017
Esri, a global leader in Geographic Information Systems and BBVA API Market, have rolled out a collaboration project to embed BBVA’s ‘API PayStats’ in Esri’s platform. The aim is to enable companies and public institutions to make business decisions based on customers’ actual commercial behavior.
25 Oct 2017
Facebook continues to take steps to reach the widest possible public and as it does so, minimize the competition. As part of its constant tug-of-war with Snapchat, Facebook has acquired an app that is very popular among adolescents: the polling startup “tbh,” which allows users to send messages anonymously, in response to survey questions about their friends. The acronym tbh” means “to be honest.”