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Innovation

Innovation

BBVA’s Board of Directors is in San Francisco to work first hand with experts and companies at the cutting-edge of change and transformation. Some of these companies are already working in close collaboration with BBVA, or are part of its ecosystem. BBVA Global Executive Chairman Francisco González analyzed the current status of the bank and the impact of technology on the financial sector, the economy and society.

The world changes constantly. Businesses and companies are evolving in the digital landscape, creating new ecosystems based on groundbreaking ways of looking at the world. The generational shift, from non-native to digital natives, is breaking free from established paradigms, promoting new ideas based on a new approach, focusing on ideas and creativity, on co-creation. Today, in a world where borders have faded, businesses are designed to generate a global impact through technology.

Soacha in Colombia receives 20-60 new families a week that are fleeing from the armed conflict that torments the country. In this context, the support of Bancamía (the entity of BBVA Microfinance Foundation in Colombia) to small entrepreneurs plays a key role in the area’s economic development. Francisco González, Chairman and CEO of BBVA, visited three of these small businesses and saw their work first hand.