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Fintech

Fintech

BBVA’s Group Executive Chairman participated this Monday in the presentation of ‘Superpowers of Artificial Intelligence’, the latest book by Kai-Fu Lee, one of the world’s most authoritative voices in the field of Artificial Intelligence. Both were invited to feature as speakers in a discussion panel and share their insights into the technological revolution and how it is reshaping society. “Through data and artificial intelligence we can improve our customers’ financial health,” said Carlos Torres Vila.

Over the past year, BBVA Open Innovation, the area of the bank that works to connect with the FinTech ecosystem, has generated 310 interactions between entrepreneurs and business areas. Thanks to these contact points, BBVA successfully carried out 16 pilot tests with startups in 2019 alone, one third of which are now in the marketing phase. In addition, a further 38 collaborative initiatives are in the process of being defined and implemented.

BBVA-Open-Space-Colombia-

Last week, BBVA officially opened its latest Open Space, in Bogotá. Located in the heart of the Colombian capital, it is the third such space opened by the bank. The site, which led a previous life as a BBVA Innovation Center, has been under construction for the past year in preparation for its relaunch as Open Space Bogotá. Jaime Espinosa, Director of BBVA Open Innovation in Colombia, explains why the bank decided to launch a new Open Space, and the impact he hopes it will have on the local fintech community.

What were the hottest digital transformation trends in banking in 2019? Which ones should we keep an eye on in 2020? The banking sector’s interest in the latest developments in cyber security, computing or gamification grows day by day. For disciplines such as ‘pentesting’, quantum computing or development with the Unity engine, the future looks bright.