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Innovation

Innovation

This year, more than 1200 startups more than 75 countries from around the world have participated in the contest. Most notably we have received submissions from countries such as Turkey, Austria, United Kingdom, Switzerland, Singapore, Peru, Indonesia or Costa Rica.

BBVA is rolling out, in partnership with BBVA Data & Analytics, a new service for merchants, inaugurating a new way of banking: Commerce360, a web tool that turns anonymized and aggregate data from purchases paid for by customers with a BBVA card in a physical POS terminal into useful data for business customers. Through this application, merchants will be able to access a set of statistical indicators, describing the economic activity of both their businesses, their customers and the area in which they operates. This information will allow them to design plans intended to drive their businesses’ and marketing strategies’ profitability.

New US legislation eases the law applicable to unmanned aircraft, although questions of the security and privacy of commercial operations that use drones to deliver products remain up in the air.