19 Dec 2018
Rolando Arellano Cueva is a renowned market expert specialising in developing countries, and is a member of the Advisory Board of the BBVA Centro para la Educación y Capacidades Financieras [Centre for Financial Resources and Education]. Throughout his lengthy career he has studied people’s natural tendency to constantly acquire goods, the consumer markets of Latin America, and the role that financial entities play in assisting with savings.
14 Dec 2018
If December is the month with the highest sales for traditional shopping, for the last two years November has become the star of Internet shopping. The recent phenomenon of Black Friday brings forward by one month the arrival of Christmas to online shopping, according to a study by BBVA Data & Analytics and BBVA Research.
20 Nov 2018
For some of us, Thanksgiving Day with its turkey, stuffing, mashed potatoes, gravy, green bean casserole and pie is just carb-loading for the race that will be run the day after, and by race, we mean the one to be the first one in the doors to nab some blockbuster deals on Black Friday.
02 Mar 2018
Fair-trade coffee, quality guarantee, ecological tomatoes… consumers read the labels on the things they eat. But is there any way of checking that what they say is correct? In order to do so, you would need a register of the processes to which the product has been submitted, something blockchain can do.
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.
07 Feb 2018
Smart speakers are the vanguard of the so-called environmental technology, which transcends the limitations of screens. For the moment, Amazon reigns supreme over a market in which Apple is about to disembark.
16 Jan 2018
E-everything: Smart cars, watches and speakers have all begun to earn a place in the everyday lives of millions of people. Could any of them become as important as smartphones?
11 Jan 2018
It’s called the ‘upgrade effect.’ A new version of your mobile comes out and, without realizing it, you become careless with your own phone. Is your subconscious crying out for that spectacular new model that’s already available in the stores?
10 Jan 2018
Once a year, some 180,000 people meet at the most famous consumer electronics show in the world: the CES in Las Vegas. There, in spectacular fashion, they are shown the latest creations of the biggest brands, the extravagances of the smallest ones and the trends that will define the next wave of audio, image, home and automobile electronic devices.
10 Nov 2017
The use of cash as method of payment has been declining in recent years, in favor of digital methods and credit cards. Last month we saw another example in the Hawkers sunglass brand, which will not be accepting cash payments in its new Madrid store.
17 Oct 2017
Sex, religion, and politics, along with harmony and trust, gave birth to money. At first, there was barter. Later came coins and bills, which have now given way to the network age, a world in which space and time have disappeared and transactions are conducted in bits. In order to understand the present and predict the future, Chris Skinner reflects on the history of money in his book, ‘The Next Step: Exponential Life’, which can be downloaded online free of charge as part of BBVA’s OpenMind project.
26 Sep 2017
BBVA launches Urban Discovery, an interactive tool open to everyone that analyzes the cities of Madrid, Barcelona and Mexico City through the prism of their commercial activity. The analysis led to the creation of new maps that redraw urban borders and identify the most touristic and residential areas or those where young people go shopping.
Madrid tourists spend more near monuments and museums than those in Barcelona. People living in Vila de Gràcia in Barcelona have the same lifestyle as those in the Madrid neighborhood of Malasaña. Sant Antoni and Poble Sec are places that are popular to go out to dinner and then for a drink, and in Madrid, the Lavapies neighborhood is undergoing a transformation toward more cultural activity.
03 Aug 2017
Vacationing is easier with a smartphone at hand and a handful of essential apps for the beach, the mountain or the city. Whether to save on fuel, park in the shade or find the nearest public restroom, a millennial’s vacation wouldn’t be the same without a bit of digital help.
08 Jun 2017
Drones, tractors with GPS and data transmission, driverless cars moving around factories…more and more products are reaching the supermarkets from agro-food companies with state-of-the-art technology.
29 Mar 2017
After the positive surprise of growth in Q3 2016 (+2% y-o-y) and the developments that took place in the final months of the year, we expect GDP for 2016, which will be disclosed in May, to close at about 1.2%, finally pulling out of the stagnation of recent years, and leaving a positive momentum for 2017.
01 Dec 2016
In the last five years, Paraguay’s economy grew at an annual average rate of around 5% – one of the highest in the region. This economic performance is especially remarkable considering it occurred in a rather volatile international environment, characterized by turbulent international financial markets, lower capital inflows to emerging economies and falling prices for metals and agricultural products. The Paraguayan economy was also affected by declining activity of some the region’s most significant trade partners.
24 Nov 2016
The day after Thanksgiving, or the last Friday of November, is celebrated nearly all over the world as Black Friday, the day that marks the first day of Christmas shopping. Over the years, with the arrival of new technologies, sales have been extended to Monday, known as Cyber Monday when discounts are offered for online shoppers.
08 Sep 2016
BBVA Research confirmed that the Spanish economy was still growing in the early weeks of the second half of 2016, estimates that Q3 2016 could become the fifth consecutive quarter of growth at a quarterly rate of about 0.8%. Jorge Sicilia, Chief Economist of BBVA Group and Director of BBVA Research and Rafael Doménech, Head of Economic Analysis of BBVA Research shared these findings during the presentation of the Spain Economic Outlook report.
31 Aug 2016
The data generated by the endless amount of operations we engage in every day: transactions, medical inquiries, online publications… have paved the way for the ascent of the data analyst profile. A professional whose work is shrouded in myth and mystery.
15 Jan 2016
What happens if a German citizen wants to take out a mortgage from an Italian bank that does not operate in his country? What barriers will he face beyond the language? This is what is intended to be found out by the European Commission, which has presented the much-awaited Green Paper on Retail Financial Services.