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Innovation

Innovation

The upgrade of the mobile phone: some people anticipate it, and others try to put it off. However, updating to a new device doesn't imply having to discard the older one. There are various features that can give a second life to your former smartphone, which are much better than letting it gather dust on a shelf or occupy space in a drawer.

The European Union wants to boost the level of data protection for Europeans, and to this end, it has approved the General Data Protection Regulation (GDPR). The GDPR establishes a series of new requirements, including the mandatory designation of a Data Protection delegate within institutions and companies handling sensitive data. The delegate will be responsible for ensuring that the personal information handled by these organizations is adequately protected. BBVA has already created that post, getting ahead of the standard’s effective date.

Agriculture stands at the threshold of a new revolution. The rising population, the competition for increasingly scarce resources and the phenomenon of climate change are just some of the challenges facing the sector as it seeks to feed all of humanity. We need to produce more with less, a challenge that the farm sector has already begun to answer, thanks to the Internet of Things, whose sensors have brought the benefits of big data to the farmsteads and croplands.

Perseverance is the key to success. That was the message BBVA’s Group Executive Chairman shared with an audience of finance and banking students at the start of the academic year. “Amazon was about to collapse twice. It has been hard for us, but here we are leading the transformation of the industry,” said Francisco González. Principles are the other fundamental element: “Never give in to misconduct,” he told them.

For BBVA Compass, every step of the customer journey is important, from account opening to basic account maintenance, which is why the bank’s new front-end sales and service application is a key tool for its branch team.

Dubbed Client Vista, the tool connects the bank’s real-time core banking platform to its sales and service team giving them better flexibility to assist the client and discuss products and services that are relevant to their personal needs. For the customer, the impact of the change is minimal, according to BBVA Compass Consumer Director of Business Planning and Client Vista Program Owner Shawn O’Brien, but the application was designed specifically to meet their needs.