Industry and institutions consider the Internet of things an opportunity for the present and the future that will digitize many operations and bring tremendous benefits. But it also has the ability to help combat climate change and protect the environment. This is how the Internet of Things could impact the sustainability of the planet in different areas, such as water use and energy efficiency.
Global Finance magazine has recognized BBVA as the Best Foreign Exchange (FX) Provider in Latin America for the second year in a row. The 2019 World’s Best Foreign Exchange Providers awards were presented on November 19 in London. The publication also presented BBVA awards for the best FX services in its franchises in Peru, Argentina and Spain.
How does the BBVA Group select its strategic projects? The key lies in the Single Development Agenda, one of the fundamental pieces of BBVA’s agile transformation. The goal is to make the most of existing capacities in the organization and ensure that strategy and execution are correctly aligned.
Stores, restaurants and hotel chains in Spain are offering tourists from other countries the possibility of paying with their smartphones. Payments with QR codes allow companies to streamline the process and boost sales. Platforms like WeChat Pay and Alipay are central to the shopping experience of tourists from China, one of the most profitable for the country.
Google claims that its quantum computer has been able to perform a calculation in a matter of seconds, a task that would take a traditional computer thousands of years. Even though quantum processors currently only handle simple problems, they are expected to have a significant impact on the future of the pharmaceutical, manufacturing, and banking industries.
By using AI to better understand customers financial lives, and to then offer them better advice and specific products, BBVA has been able to significantly increase digital sales.
Machines’ current ability to learn is present in many aspects of everyday life. Machine learning is behind the recommendations for movies we receive on digital platforms, virtual assistants’ ability to recognize speech, or self-driving cars’ ability to see the road. But its origin as a branch of artificial intelligence dates began several decades ago. Why is this technology so important now, and what makes it so revolutionary?
Denver-based Vita Inclinata Technologies has been named the overall winner of BBVA’s Entrepreneurial Opportunity Contest, winning the $50,000 grand prize over other geographic winners from previous regional rounds. The company is focused on delivering the first agnostic, autonomous suspended load stability system for both earth and space applications.
The President of the BBVA Foundation, Carlos Torres Vila, presented the Spanish Computer Science Society (SCIE) – BBVA Foundation Research Awards in recognition of creativity, originality and excellence in cutting-edge research in the computer science field.
Will connected cars need their own bank account? The BBVA New Digital Businesses (NDB) unit is working to anticipate the opportunities and challenges that will arise in the financial industry when the Internet of Things (IoT) makes it possible to manage transactions directly among objects, people and organizations.
BBVA’s Group executive chairman participated in the Money 20/20 conference on financial technologies in Las Vegas, Nevada (U.S.), one of the most important global events that brings together leading actors from the fintech and financial services industries. There he reiterated the need for “global, cross sector regulation” that fosters data exchange among different companies. “Customers must be the real winners,” insisted Torres Vila, stressing the idea that the free flow of data would facilitate the development of new services that will benefit citizens, society and the planet.
Startups face the growing challenge of building successful business models quickly, while protecting customer data from the threats in the digital world. Here are some recommendations that were offered during the last Open Summit to help entrepreneurs defend themselves against cyberattacks.
Representatives of three leading organizations – Google, Telefónica and BBVA – spoke during the Open Summit event about the different applications of artificial intelligence (AI) in the business world and how to extract tangible value from data for people and for society as a whole, at a scale and in a structured way.
Garanti BBVA won three bronze awards at the 2019 Smarties Turkey, the Mobile Marketing Association (MMA) program recognizing innovation, creativity and achievement in the mobile marketing world.