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.

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.

As BBVA Chairman Carlos Torres Vila told an audience in Las Vegas last week, the connection between data and financial services is a long one.

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.