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Innovation

Innovation

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.

BBVA Executive Chairman Francisco González expressed his commitment to Mexico during his visit to Mexico City, announcing new investments to move forward the transformation process at BBVA Bancomer. “We are going to invest $1.5 billion,” he said,  following a meeting with Mexican Minister of Finance and Public Credit, José Antonio Meade. The 5-year investment plan will help BBVA Bancomer to leverage technology and develop solutions for its customers.

The first regulatory sandbox, or testing environment, is already taking its first steps. Rolled out in the UK last year, it has just announced the 18 startups, with projects that range from finance, to debt management, insurtech or blockchain, that have been admitted to take part in the pioneering development program.

New York, Oslo, Vitoria or Bogotá… The world’s largest - and not so large – cities compete to be recognized as the ‘smartest’. But, what exactly is a ‘smart city’? Cities are trying to innovate to improve the living standards of their inhabitants