34 years old man with a college degree and a master’s. He has spent time working as an employee yet always wanted to create his own business – and he has established more than one startup. This is the profile of a Spanish entrepreneur described in the new study by South Summit, which will hold its next event on October 2nd – October 4th, with BBVA’s support.
19 Sep 2019
Cost and revenue factors impacting economic activities are often too complex to be properly modelled, in which case optimization through Artificial Intelligence (AI) can lead to academically correct solutions that fall far from being economically optimal solutions.
13 Sep 2019
BBVA is working with the investment firm Anthemis on a new model to create startups. The focus of their efforts is on developing an ecosystem of talent, ideas and knowledge where new fintech business models can flourish, with the potential to transform the financial industry.
11 Sep 2019
Is it possible to show that something is true without revealing the data that proves it? This is what ‘Zero Knowledge Proof’ technology proposes, a technique which employs cryptographic algorithms so that various parties can verify the veracity of an item of information without sharing the data that compose it.
10 Sep 2019
We recently caught up with Open Platform’s CEO, Abhishek Gupta, to discuss the benefits of open banking, Banking-as-a-Service, and why they have the power to transform the delivery of services across a wide range of industries in the US. Following are the highlights from our conversation with him.
Soccer fandom is sweeping the nation, from the World Cup victory by the U.S. Women’s National Team to thrilling matches in Major League Soccer and the National Women’s Soccer League to the thousands of fans who pack pubs and bars to watch matches from around the world every weekend. But in sports, the game itself is no longer all that attracts fans to the arena. Tech-savvy millennials expect an “Instagrammable,” in-stadium experience, or else they’ll stay back and watch at home. Recognizing the demands of its growing fan base, Major League Soccer’s Houston Dynamo and the National Women’s Soccer League’s Houston Dash selected Extreme Networks, Inc. (Nasdaq: EXTR) Smart OmniEdge™ solution to provide high-density, professional-grade Wi-Fi connectivity in its home field, BBVA Stadium. The free fan Wi-Fi experience is presented by BBVA USA.
Head of Global Finance
02 Sep 2019
BBVA has a global program designed to create personalized, data-driven experiences to cater for the individual saving needs of its customers, either through recommendations, advice or proactive steps. After launching this kind of solution in Spain and Mexico, BBVA is now working to bring this program to the other countries in which it operates.
22 Aug 2019
The award underscores the role that the Group is playing, spearheading the digital transformation process of the region’s financial sector by rolling out, on an ongoing basis, innovative products and services that seek to bring the age of opportunity to everyone. The publication also recognized BBVA as the best digital bank in Spain in the Corporate/Institutional category.
19 Aug 2019
Many organizations now process huge amounts of data using artificial intelligence. So it is crucial to find ways to prevent unfair biases. New research by BBVA and the Universidad de Barcelona (UB) tries to achieve this with a model that automatically sorts more than 600 superheroes as “good” or “evil” while disregarding traits like gender or race.
12 Aug 2019
06 Aug 2019
29 Jul 2019
Garanti BBVA’s data center, formerly located in Istanbul’s Güneşli district, has moved to an Uptime Institute Tier IV certified building in Pendik, also in Istanbul.
24 Jul 2019
The Roca brothers wanted to pay tribute to BBVA’s global brand change. The tribute is in the form of an onion flower that combines innovation with sustainability, two axes that form the bases of both institutions. This creation reflects the world tours that the Roca brothers have done with BBVA, with a surprise that reveals itself when the dish is presented to the customer.
22 Jul 2019
Atom bank, the UK’s first bank built exclusively for mobile and the UK’s most trusted bank on Trustpilot, has raised £50m in a fundraising round with participation from BBVA, Toscafund, Woodford Patient Capital Trust and funds advised by Perscitus LLP.
15 Jul 2019
For more than 20 years Garanti BBVA has been investing in technology in order to ensure a personalized and simplified digital experience in every new product or service it offers its customers and clients. In collaboration with Google, the bank recently launched a ‘Universal App Campaign,’ aiming to increase the number of interactions in the Garanti BBVA Mobile app and to encourage customers to use the bank’s digital channels for their banking transactions.
12 Jul 2019
Some organizations foment innovation in the contexts that dictate the present. But innovation is intimately tied to the future and variations of the future. Thus, inspiring creativity is also offering ideas about what is possible and forthcoming. Perhaps this is the key to true realism.
11 Jul 2019
Consumers’ sensitive data is increasingly at risk as more businesses ask for personal information as a way to verify digital identity online. But what if there were a way to do that without the risk of compromising that information? Covault is leading a revolution to do just that.
09 Jul 2019
Garanti BBVA’s Mobile app is a good example of how the bank is making its customers’ lives easier. All these efforts contribute to the bank’s customer-centric focus by ensuring that its tailor-made services are available – any time and any place – to both its individual and corporate customers.
Artificial intelligence systems that are capable of reasoning, creating art or even learning to teach other machines. These are a few examples of what could occur in the future with advances in deep learning. Three experts in the AI field shared their vision, concerns and hopes regarding the development of this technology during the launch of BBVA AI Factory.
05 Jul 2019
Antonio Herráiz is a firm believer in innovation focused on results, especially if it generates a positive impact for people. Thanks to him, more than 7,000 of the Group’s employees across the globe have attended BBVA’s Process Academy.
03 Jul 2019
BBVA and the Spanish National Research Council (CSIC) have signed a collaboration agreement to jointly explore the applications of quantum technologies in the financial sector.
01 Jul 2019
28 Jun 2019
27 Jun 2019
20 Jun 2019
BBVA USA launched its real time ARP and PositivePay products last year in a milestone that was both ground-breaking and game-changing.
07 Jun 2019
03 Jun 2019
Global strategic agreement with NetApp enables optimization of data management and enhancement of cloud operations to continue supporting digital transformation.
30 May 2019
BBVA’s venture capital business Propel Venture Partners has led the funding round into one of the three finalists of the bank’s Open Talent competition, just a year after the business scooped a top award.
28 May 2019
27 May 2019
BBVA Group has developed a platform to facilitate mobile payments across all the countries in its footprint. The platform developed by BBVA connects to Visa and Mastercard directly from each country’s application and provides the data required to process digital transactions from a smartphone.
24 May 2019
Applications for BBVA Open Talent 2019 — the biggest fintech startup competition in the world — are open until 5 July 2019.
16 May 2019
The Finnish startup is to expand to Ireland, Italy, Belgium, France and the Netherlands as demand for its small business current account service increases. The firm has already reached its 150,000 micro business customers milestone.
07 May 2019
Garanti Bank provides its SME clients a dedicated in-branch customer relationship manager who support clients in their banking needs. Now, these clients have access to a new service: Central Customer Service (Merkezi Müşteri Hizmetleri, or MHT). This new structure aims to provide clients a faster response to queries and transactions when the volume of requests is high
26 Apr 2019
Multiple tech startups are disrupting the old guard and traditional way of doing things. Some people don’t even step foot inside of a grocery store anymore, choosing to stock their fridge with an online app or website from their couch.
24 Apr 2019
Carlos Torres Vila studied at the prestigious Massachusetts Institute of Technology (MIT), which is where he gave his first interview since becoming BBVA’s Executive Chairman. He was in Boston to present OpenMind’s new book, ‘Towards a New Enlightenment? A Transcendent Decade’ and sat down with the Spanish newspaper, ‘El Mundo,’ to discuss the explosion of technology in the banking industry. He believes data is fundamental: “It is crucial that the data revolution is universal. The most vulnerable in society cannot be left behind.”
17 Apr 2019
Forbes magazine has included BBVA as one of the ‘Blockchain 50,’ a list that recognizes the leaders in the use and development of this exponential technology. The U.S. publication specifically focused on BBVA’s efforts in the area of blockchain-powered syndicated loans, which are used by the bank to further transparency, security, and efficiency throughout its business processes.
16 Apr 2019
Each year Propel Venture Partners holds an annual summit for the businesses it invests into through it’s single limited partner, BBVA. The event in Silicon Valley is a chance for updates, shared learnings, introductions and to discuss the kind of technology and drivers that will shape the sector in the coming years.
05 Apr 2019
Ricardo Forcano, BBVA’s Global Head of Engineering and Organization, participated in the Association for the Advancement of Management’s (APD in Spanish) session on Agile Organizations, where he presented how BBVA is transforming its organization and work methods. “It’s a constant learning process,” Forcano said, referring to BBVA’s efforts to incorporate the agile methodology across all of its central areas. As a result, the bank is able to provide its customers new solutions more effectively.
In recent months, BBVA Next Technologies has devoted some effort into researching tools and techniques for interpreting machine learning models. These techniques are very useful to understand the predictions of a model (or make others understand them), to extract business insights from a model that has managed to capture the underlying patterns of customers interest, and to debug models in order to ensure they make the right decisions for the right reasons.
In this article we will explain how we have applied these techniques to avoid deploying flawed models into production that seemed totally correct a priori according to standard validation methods.
01 Apr 2019
Global Chief Marketing Officer
29 Mar 2019
28 Mar 2019
The branch of artificial intelligence that focuses on teaching machines how to see is becoming increasingly sophisticated. It is already better than humans at telling one person from another. At BBVA’s headquarters, this technology is already being used to allow users to pay for their meals at Ciudad BBVA’s restaurants. But, how does it work?
27 Mar 2019
BBVA and Telefónica have signed a strategic agreement that designates the operator as the single telecommunications service provider for the bank and its employees in Spain. The alliance will allow BBVA to optimize its communications systems, increase the capacity of its technology network, and extend its adoption of cloud computing, providing a distinctive advantage to the business’ needs.
26 Mar 2019
Designers around the world working for the BBVA Group now have a pioneering new tool at their disposal. The platform allows designers to reuse parts in order to create homogenous digital banking experiences across all of the countries where the bank has a presence. BBVA, with presence in 30 countries, is the first bank to launch a platform like this on such an international scale and in multiple continents.
NASA’s Space Apps Challenge, one of the world’s most popular hackathons, has, once again, awarded a group of Spaniards, in this case the time behind ‘Galaxy Quest.’ The project helps processing real data collected by the Hubble telescope through a ‘gamification’ process. But not only that: It is the first step in developing an artificial neural network using these data, and a new communications channel between NASA and users. José Luis Martín-Oar, service designer at BBVA and one of the team’s members, tells us everything about the project.
25 Mar 2019
The ways in which businesses use data to deliver on their strategies is almost as varied as the sources of data themselves. This was one of the key messages from last week’s Domopalooza event held in Salt Lake City in Utah.
14 Mar 2019