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Innovation

Innovation

A-1604-DataCiudades-BBVA

The streets of New York's Chinatown, Granada's Sacromonte neighborhood, or Southall (London's Little India) are examples of how people tend to live near others from the same place or social status. But businesses, restaurants, and bars are just as important meeting places as where we live. Esteban Moro, Professor at Universidad Carlos III and MIT (Massachusetts Institute of Technology), uses big data tools to analyze how people interact in these places.

Our mobile phones have become an extension of ourselves. Even more so when looking at markets like Spain where there is significant smartphone market penetration. That's why BBVA has committed its firm support to creating a unique experience for its customers using mobile devices. The data validates the positive progress made by the business in this digital channel. The bank's app in Spain has just surpassed 5 million downloads by individual Android users, and at the close of March, the number of mobile customers exceeds 3.4 million.

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Global Finance magazine has chosen BBVA as the best technological bank in Latin America in 2018. Since the outbreak of the financial crisis, the world of fintech and new technologies have become an increasingly pivotal component of financial institutions and transactional security. That’s what’s driven the prestigious publication to pay tribute to the institutions that are doing a great job at harnessing the power of these new technologies.