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Innovation

Innovation

BBVA has made design a strategic function within the organization. Digital banking and the development of latest-generation digital products and services  have made financial services evolve towards a new model – one that is closer, more humane and focused on the customer.

BBVA is one of the 40 institutions that invested in the financial technology innovator R3, which just completed two of three tranches in its Series A fundraising round. It raised a total of 107 million. With this investment, BBVA seeks to reinforce its commitment to R3, the largest consortium of global financial institutions collaborating to develop an industry platform and commercial applications for DLT.

The blockchain continues to advance by exploring new usages and business models. Three experts – Oliver Díaz of BBVA, Montserrat Guardia of Banc Sabadell, and Roberto García Mora of Santander – have analysed its “Revolution Banking” possibilities.

Regulators, service providers, consulting firms and banks leading the transformation process participated in a workshop organized by the European Digital Forum to analyze how to increase the competitiveness of the European economy and drive innovation through ‘cloud computing.’