This new computing paradigm will reduce latency and streamline data traffic coming from millions of devices on the Internet of Things.

Peio Belausteguigoitia (Bilbao, 1973) is BBVA Spain’s Head of Business Development. He was previously responsible for Spain’s northern territory, and prior to that ran the eastern territory and was regional director for the northeast.

The unit that he runs is key to the bank’s transformation in Spain. In the year and a half that he has held this position, BBVA has ramped up the number of digital deliveries for private customers – providing them tools to help make better financial decisions – and boosted sales and the number of online customers.

And now, BBVA has created the digital transformation factory for businesses. With a multidisciplinary team of 250 professionals, it facilitates the delivery of digital solutions to customers in more flexible timeframes. The bank recently launched Avalbox, which radically digitizes the guarantor request process; and One View, which helps businesses make more efficient decisions and optimize their cashflow.

If you use online or mobile banking, you already know how convenient it is to check your balance, pay a bill or confirm a transaction. But you may not be taking full advantage of all the benefits your mobile banking app can offer.

There’s a lot to process in this week’s edition of Fintech Friday. Especially when forces are joined and a caveat is issued.

Atom bank, the UK’s first bank built for mobile and the country’s fastest growing mortgage lender, has agreed a multi-year partnership with leading fintech Thought Machine to put its next generation of personal and business banking products onto Thought Machine’s Vault platform.

BBVA’s online digital acquisition for corporate customers is not only simple and convenient, but also presents an attractive design. This service was recognized at the 2018 Ibero-American Design Biennial with an award in the ‘Service Design’; category. The design team set out to emulate a real-life exchange with the customer through a digital interface, mimicking the tone and approach that an agent would typically use when tending to a potential customer.

BBVA-backed investment fund to support growth of advisory service Charlie, aimed at less financially astute U.S. consumers.

This Fintech Friday has a local spin to it, with a columnist out in the desert making a case for Arizona’s financial technology sector.

The new technologies are not an end in themselves but rather a way to improve the customer experience. This was how Ricardo Segoviano, head of BBVA Open Platform Spain, explained it during the presentation event for the ‘World Retail Banking Report 2018‘, which lists BBVA as an example of successful collaboration in the drive to improve the digital banking experience via APIs.

For second year in a row, the European Commission has recognized BBVA as one of the 36 corporates that are doing more to collaborate with technological startups.