Innovation
Innovation
The European Commission’s Fintech Task Force held its first conference in Brussels. BBVA was the only incumbent bank invited to the meeting where the Group’s contribution to promoting digital financial services was recognized.
The magazine Compromiso Empresarial has chosen the BBVA Microfinance Foundation‘s gaming tool for team management as one of the 10 most innovative social initiatives in 2016. This is the fifth edition of this ranking, compiled with the collaboration of CAF- Development Bank of Latin America, which received 350 project submissions from Latin America and Spain.
The rules of the game are changing more and more quickly. Some authors refer to this period of change as the Fourth Industrial Revolution (Klaus Schwab, Debate 2016) with “growing harmonization and integration of many different disciplines and discoveries” that affect both the physical world (autonomous vehicles, 3D printing, robotics, etc.) and the digital world (Internet of Things, blockchain, etc.).
There are around 170,000 small and medium sized enterprises (SMEs) in Uruguay. They create more than 60% of jobs and are responsible for more than 40% of the industrial, trade and services sectors’ production. The importance of this sector for the country’s economy has led BBVA Uruguay to join the regional project 'Camino al éxito' ('The Road to Success'), a program integrated in the BBVA Group’s Responsible Business Plan. The main goal is to increase the number of SME customers.
Microscopic like a bacterium or soft like a jellyfish, the robots of the future will no longer be stiff emotionless metal monsters. This new generation of machines, biodegradable and capable of interacting with the human body, will help us conquer planets, repair the environment, or cure illnesses.
The Madrid-based startup Source{d} is developing an algorithm that analyzes millions of developers’ code to select those that best meet the needs of every company.
Financial and commercial services
BBVA South America: a close-knit team creating amazing customer experiences
Five global teams from BBVA Customer Solutions and five local teams from BBVA in South America. A total of 10 teams met in Dallas (Texas) with a common goal in mind: connecting around shared projects to ensure that BBVA capitalizes on global capacities to create amazing customer experiences. That was BBVA South America’s Global Week in Dallas.
Under the media’s radar and away from the latest trends, the industry keeps making headway in its road to digitization. Much is being said about the importance of connecting all machines, the Internet of Things, but transformations will be far reaching and of all kinds.