Experts believe that we are close to a tipping point that will change the way people produce, consume and relate with each other.

BBVA Chairman & CEO Francisco González participated in the Strategy Research Conference, organized by the Harvard Business School to analyze how large multinationals are changing their strategies to respond to technological change. Besides Francisco González, other top executives from companies such as PepsiCo and Mozilla took to the stand.

BBVA Chairman & CEO Francisco González participated in the Strategy Research Conference, organized by the Harvard Business School to analyze how large multinationals are changing their strategies to respond to technological change. Besides Francisco González, other top executives from companies such as PepsiCo and Mozilla took to the stand.

BBVA Chairman & CEO Francisco González pointed out today that the banks of the future will be software companies focusing on turning data into useful knowledge to offer the best solutions for each customer. To deliver these services, banks will need to tackle a profound transformation, engaging the company at all levels. BBVA embarked on its transformation process eight years ago and today has an organizational structure unlike any other in the global banking industry, said Francisco González.

The increasing proliferation of online and, particularly, cell phone payments is reshaping the sector worldwide.

The Internet of Things Day was held on October 8, 2015 at the BBVA Innovation Center. This is the seventh event of The API Hour series.