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Innovation

Innovation

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On Tuesday 5 April, at the BBVA Innovation Center, experts in digital transformation in the corporate world met at the event, “Digital Economy: Transformation and Innovation”, where they shared their experiences and opinions, and explained the keys to businesses adapting to the digital age.

With the inaugural Money 20/20 Europe -where some of the people trying to change financial services using technology get together- at an end, we thought we’d share some of our stand-out moments from four days of delegates, speakers, panels, press releases and meetings. From an embarrassment of fintech riches in Copenhagen, we’ve taken six learnings home with us.

BBVA CEO Carlos Torres Vila explained the Group’s plans to support the fintech industry and promote innovation – two pillars of BBVA’s ambitious transformation process. In his address during this first edition of Money 20/20 Europe - the most important fintech event in the world - in Copenhagen, Carlos Torres Vila affirmed that “BBVA will play an even more prominent role in the innovation ecosystem thanks to our internal initiatives, strategic alliances with fintech players and the use of our platform, by building open APIs, as key drivers of growth.”

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Last Wednesday March 16 the BBVA Innovation Center launched "Design Wednesdays", a series of events scheduled for the third Wednesday of every month that will examine the role played by design. "Service Design and Business Transformation" was the topic that started the ball rolling.

Academic and research centers have no other way but to innovate, reinvent themselves and bring new ideas to change the way they work. This is how it is considered by the master Juan Manuel Romero Ortega, who has headed the Coordination of Innovation and Development of the National Autonomous University of Mexico since August 2013. Romero is one of the 33 innovators in the ebook Hablan los protagonistas (The key players speak).

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The United States-Mexico Foundation for Science (FUMEC), through its Microsystems program, and Semtech Corporation — supplier of analog and mixed-signal semiconductors — presented one of the most important global proposals related to the Internet of Things (IoT) known as LoRa (Long Range), as well as an overview of business opportunities to accelerate the penetration of IoT in Mexico.