Innovation
Innovation
Experts from the Obama administration are debating on the consequences of robotization. The OECD (Organization for Economic Cooperation and Development) expects automation to replace on average 9% of jobs.
Beyond the myth or legend, companies are in the midst of digital transformation. And not only to survive, but also to compete. Through 3 examples and 2 institutions, the new challenges of these 4.0 industries are analysed.
The Spanish Data Protection Agency (AGPD) has published a document on the new regulatory framework adopted by the European Union (EU) to guarantee the privacy and protect the data of European citizens.
France is the Eurozone country that has seen the fewest branch closures, at just 3% between 2010 and 2014. Nonetheless, the industry is well aware that young people rarely set foot in branches. Now they are out to win them over.
Computer studies, sciences and development
BBVA signs strategic collaboration with Red Hat to accelerate the Group’s global transformation
BBVA today announced a global strategic collaboration with global provider of enterprise open source solutions Red Hat, Inc. (NYSE: RHT) aimed at helping accelerate BBVA's global transformation and technology-driven innovation processes. The agreement, which turns Red Hat into a priority partner for BBVA, is part of a series of alliances that BBVA is aiming to forge with strategic partners. Red Hat president and CEO Jim Whitehurst and BBVA Head of Engineering Ricardo Moreno signed the strategic collaboration during a ceremony in Madrid today.
The Spring IIF event always brings together a collection of the highest-profile figures in financial services and cutting edge topics, and this year in Madrid has been no exception. With panels on ‘regtech’ and alternative lending, as well as the views of BBVA’s Chairman Francisco González and Executive Chairman of Santander Ana Botín, the event is very much the contemporary face of finance. For fans of distributed ledger technology, there was one highly anticipated panel - ‘Banking and Blockchain’ . Boasting a panel featuring some of Blockchain’s biggest names - Digital Asset Holdings’ Blythe Masters, UBS’s Axel Lehmann and BBVA’s Teppo Paavola, it was a packed conference room for a session on the potential of Blockchain in the banking industry . BBVA was lucky enough to sneak in at the back, and as the panel progressed, picked out the following points: