Several innovation hubs across Latin America paint a picture of a bubbling but unevenly distributed entrepreneurial landscape: Brazil's biggest city accumulates a growing number of unicorns, while Lima is trying to carve out a niche for itself. With sectors such as fintech and e-commerce leading innovation and growing support from investors, Latin America is putting on a strong show on the international stage.
It’s easy to be fascinated by a self-appointed ‘expert’ on social media who says you should give everything up to live off passive income or invest your savings in the flavor-of-the-month cryptocurrency. Especially if they do so while leaning on the hood of a Lamborghini or sipping a cocktail on the rooftop bar of a luxury hotel in Dubai. The danger of influencers is that they can end up ruining your finances. At BBVA's EduFin Summit 2022, Manuel Ángel Méndez, editor-in-chief of Teknautas, gave some tips on how to tell the difference between legitimate financial influencers and con artists.
Investor interest in the healthcare innovation market is reflected in record funding numbers and a myriad of opportunities for startup growth and collaboration. However, it is not all plain sailing for entrepreneurs in the sector, who face challenges such as the need to differentiate themselves in an increasingly crowded landscape.
Machine learning, metaverse and chatbots are some of the technologies that stimulate and facilitate learning in a virtual environment with great potential. Edtech startups, including some thirty unicorns, are confronting the digital divide to achieve the democratisation of knowledge thanks to the Internet and are coming up with innovations to motivate students in front of the screen.
BBVA New Gen, the investment product offered by the Group’s Swiss franchise, has completed its first year of existence. In a move to streamline the onboarding process, the bank now lets prospective customers sign up online just by uploading a ‘selfie’, after which their identity is verified in a matter of seconds. BBVA Switzerland is leveraging this technology, which can verify identity documents and passports from more than 190 countries, to boost its international expansion.
Almost 1,000 engineers have joined BBVA in the first half of 2022. A figure that the financial institution expects to double by the end of this year. These are technology profiles that are embedded throughout the different countries where the bank has a presence, 400 of them in Spain.
The southern Swiss city of Lugano has stepped up cryptocurrency use and is developing new infrastructure to adopt Bitcoin, Tether and its own LVGA token as legal tender. In the coming months, Lugano residents will be able to use cryptocurrencies to pay their taxes and make purchases at more than 200 local businesses.
Anxiety, stress or fatigue are some of the problems that startup creators often face. Summer can be a good time to focus on how important it is to protect your emotional wellbeing and strike a balance before getting back to the routine. Learning to manage failure, knowing how to delegate and enjoying time to disconnect are some of the things that experts recommend for taking care of mental health.
Fast Company has included BBVA AI Factory in its annual list of ‘Best Workplaces for Innovators.’ BBVA’s artificial intelligence (AI) center was ranked 40th in the world and first in the category of companies with fewer than 100 employees for fostering knowledge-sharing among employees and supporting female talent.
The British publication The Banker, part of the Financial Times Group, has selected BBVA as the best digital bank in Europe and Latin America in its Innovation in Digital Banking Awards. The specialized magazine also granted a third prize in this edition for the best Bank/Fintech Partnership, specifically to Veridas' biometric solution for BBVA Mexico's pensioner customers.