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Innovation

Innovation

BBVA presents Wizzo, its first digital native product in Spain, with which it creates a completely new category of financial services. Wizzo is a Web mobile application for iOS and Android that speeds up payments between individuals, and makes it possible to create spending allowances online with friends or to take money out of an ATM without a card... among other innovative features. In addition, Wizzo users may request a physical card or a contactless sticker to make payments from a mobile phone.

BBVA is working on new and enhanced channels to offer customers an easier way to communicate with the bank, offering a seamless experience tailored to their needs. BBVA attaches great importance to the development and application of new technologies to help it innovate in the market. BBVA is a global bank present in more than 30 countries and offers solutions tailored to the needs of each one.

Many companies would pay through the nose for a social network fortune teller who could spot trends in social media before anyone else and develop effective strategies to solve potential problems or ensure that they could get the most out of a particular trend whilst it is booming. A fortune teller might be the most exotic approach, but an algorithm is more effective, and an MIT professor has developed just such a tool that can spot the next trending topic.

In this video we can see a minute by minute account of spending patterns in Spain during Easter 2011. The BBVA data is from card transactions categorized into four types of sale: food, fashion, service stations and bars / restaurants.

BBVA is pleased to announce the operational launch of its new data processing center (DPC) in Tres Cantos (Madrid, Spain), which houses the complete technological infrastructure underpinning the Group’s business in Europe. The facility is one of the world’s most advanced DPCs, with dual Tier IV certification (for design and construction) verifying that it offers optimal levels of reliability and safety.