IT (computer sciences)
01 Mar 2021
We tested OpenAI’s GPT-3 (one of the largest Artificial Intelligence (AI) language models ever created) on ten Spanish customer conversations about banking. Without any previous customization, re-training or transfer learning whatsoever, we asked it to generate summaries that would be useful to any bank agent who joins (or retakes) the conversation.
21 Feb 2020
The electronic forensic investigation starts with the application of a series of keywords to people’s electronic devices that, according to the information available, are thought to have had information of interest about the facts, may have had or not participation in them (the so-called ‘custodians’). Devices may include both computers and other electronics used by the custodians as well as data available in servers, in both emails and other files.
17 Feb 2020
Quantum computing has taken a short time to make a big leap: from R&D laboratories to corporate meeting rooms. BBVA began its quantum journey almost two years ago and now has a team specialized in quantum development, business units involved in the initiative, strategic alliances agreed, and various lines of research in place.
06 Nov 2019
The President of the BBVA Foundation, Carlos Torres Vila, presented the Spanish Computer Science Society (SCIE) – BBVA Foundation Research Awards in recognition of creativity, originality and excellence in cutting-edge research in the computer science field.
31 Oct 2019
Startups face the growing challenge of building successful business models quickly, while protecting customer data from the threats in the digital world. Here are some recommendations that were offered during the last Open Summit to help entrepreneurs defend themselves against cyberattacks.
16 Oct 2019
PSD2 is a European regulation for electronic payment services. It seeks to make payments more secure in Europe, boost innovation and help banking services adapt to new technologies. PSD2 is evidence of the increasing importance Application Program Interfaces (APIs) are acquiring in different financial sectors.
12 Sep 2019
19 Feb 2019
The BBVA Foundation has recognized the computer engineer Ivan Sutherland with the Frontiers of Knowledge Award in the category of Information and Communication Technologies. Over the course of his 60-year career, the American computer scientist has led the transition from text-based to graphical computer displays. He pioneered the use of graphical icons and virtual reality, and anyone who uses a computer or smartphone today benefits from the output of his research.
04 Feb 2019
14 Jan 2019
The world of video games is an economic and creative reality. Its possibilities are not limited to its recreational aspects; it is an industry that employees a multitude of people. According to the latest report by Newzoo, gaming generated more than €100 billion in 2018. And in an article that cites the Newzoo report, CNBC points out that this represents an increase of more than 13 percent compared to the previous year. The gaming industry encompasses video games, games for mobile devices, and eSports.
27 Nov 2018
Garanti and Bahçeşehir University heighten their collaboration on the ‘Code the Future with Garanti’ project, an initiative that aims to better prepare children for the digital future. This year the project partners have kicked off a new phase that includes new contents as well as teacher training in seven cities across Turkey.
19 Sep 2018
Amazon & Google jointly hold over two thirds of the global smart speaker market, but problems ‘made in China’ are on the horizon.
30 Apr 2018
The spread of artificial intelligence will have positive and negative effects. In order for the former to outweigh the latter, companies, politicians and social groups should gave some thought to this and act accordingly.
06 Apr 2018
There are a few Container Orchestration Engines available, such as Kubernetes, OpenShift, DC/OS, Nomad or Swarm, to name a few. On occasion, the optimal solution to deploy your apps requieres picking not one of those, but two or more. Each have their strenghts, and are targetted toward a specific kind of load. For instance, Kubernetes is specially prepared to deploy microservices very dynamically. However, in such a dynamic environment it is hard to handle a persistent database, task which is better handled by system such as DC/OS.
06 Mar 2018
At BBVA Labs, we have been using Akka Actors in different projects for a long time due to its inherent computation distribution capabilities in high load scenarios, using actors as stateless or stateful units of execution that send messages among them in an asynchronous fashion.
In this post, we will cover some of the weak points of working with untyped classic actors and we will show what are the benefits that Akka Typed brings to the scene. Finally, we will present a brief description of session types and the Process DSL API created by Dr. Roland Kuhn. All examples are written using the Scala API.
20 Feb 2018
The head of the BBVA Data & Analytics’ Edge team, José Antonio Rodríguez-Serrano, who coordinates the innovation area in BBVA’s center of excellence in data science, shares his insights into five key questions to understand the implications of this exponential technology in different economical sectors and spheres of society.
19 Feb 2018
Deep Learning techniques are providing amazing results on several Machine Learning fields, but training a complex deep neural network on a large dataset can take a significant amount of time. Therefore accelerate training of Deep Learning models is really crucial, but also challenging.
14 Feb 2018
13 Feb 2018
As we have seen in previous articles, the intelligent use of data, with the right talent and the pertinent business strategies for applying creative solutions, can provide insights that help solve a whole gamut of problems and take on board new opportunities. Data places within our grasp an enhanced decision-making ability and a deeper understanding of our clients and what they need. But as in the case of any other tool, these new skills can be put to positive or not so positive use, whether intentionally or not.
12 Feb 2018
The use of virtual assistants, mainly in the form of smart speakers, is rapidly gaining ground. In less than a year, devices such as Echo and Google Home have appeared in households across the globe and users are becoming increasingly comfortable carrying out searches, purchases and even bank transactions using this format, which looks set to become the transactional interface between customers and companies.
07 Feb 2018
Smart speakers are the vanguard of the so-called environmental technology, which transcends the limitations of screens. For the moment, Amazon reigns supreme over a market in which Apple is about to disembark.
31 Jan 2018
We inferred as much in the title to the first article of this series: to key to realizing all the opportunities of this new technological era, lies in these three factors: raw material—data—and the other two are human factors—intelligence and innovation.
Probably the first thing the philosopher would do would be to create a strategy to explore it. Just like when he designed a user’s manual for the human mind with Logic or when he developed a method of thinking critically to examine metaphysics. Aristotles “tried to show that all things in nature belong to certain groups and subgroups,” writes Jonstein Gaarder in Sophie’s World. But first, he counted up the tools he had for this task.
30 Jan 2018
Concepts such as big data, machine learning, artificial intelligence and data science are increasingly at the center of the debate about the digital revolution. But why is everyone talking about them? Do we really understand these concepts, or the implications they have on our evolution as a society?
15 Jan 2018
The world’s tech giants are competing to dominate the field of Artificial Intelligence, which is likely to become the key technology of the digital economy. Who’s leading in this race and what consequences will it have?
10 Jan 2018
Once a year, some 180,000 people meet at the most famous consumer electronics show in the world: the CES in Las Vegas. There, in spectacular fashion, they are shown the latest creations of the biggest brands, the extravagances of the smallest ones and the trends that will define the next wave of audio, image, home and automobile electronic devices.
27 Dec 2017
Artificial intelligence has political, social, economic, military and even philosophical implications. And Twitter provides some good insight on them. Here are eleven key accounts that must be followed in order to understand how machines are learning to think in an increasingly complex way.
26 Dec 2017
The new technologies, and their presence in everyday life, are radically changing the way we look at entertainment, social relationships and work. They have also created new professions that do not yet have a set educational pathway, such as videogame developer.
05 Dec 2017
The number of companies and investors betting on blockchain continues to grow. But how did it come about? What was needed to develop bitcoin, its first practical application? And who were the pioneers of blockchain?
01 Dec 2017
Companies cannot afford to turn their backs on technological progress and technology trends. “Technology will be embedded in everything in the digital business of the future,” says the research firm Gartner, in its ‘Top 10 Strategic Technology Trends for 2018′.
Gartner predicts that the trends on its list will mark the course of the next decade. They all form part of something the research firm terms the intelligent digital mesh, “an entwining of people, devices, content and services”.
Those three words – intelligent, digital and mesh – are also the categories into which the research firm divides these essential services. Among them are autonomous robotics, the applications of the Internet of Things and blockchain-based solutions.
30 Nov 2017
Today, a large majority of modern apps or services are RESTful APIs and use API definitions to facilitate communications between them, as it saves us from having to worry about the language and the underlying implementation of the remaining components. APIs make even more sense in microservice or serverless architectures with dozens or hundreds of mutually interacting microservices/functions.
23 Nov 2017
The APIfication phenomenon is by no means restricted to the banking sector. At the API Forum held this week in Madrid, insurance and entertainment companies participated, together with BBVA, to discuss the keys to designing APIs capable of attracting developers.
10 Nov 2017
What is bitcoin? What do the terms node, mining and hash mean? Following are the 10 key terms from the world of blockchain technology that you need to master.
They’re always popular with users of Android mobiles and they’re a fixture on any smartphone. Weather applications allow you to be always informed, in real time, about the meteorological conditions at a given place. Some of these apps are free, others have a cost; some are well known and others are just making a name for themselves in the market.
06 Nov 2017
At BBVA Labs, we follow the test pyramid concept proposed by Mike Cohn. We have a large collection of unit tests that are easy to implement and which are run at every change in code; a collection of acceptance tests which are run whenever the previous tests are passed; and finally, end-to-end tests that are only run to unlock a function.
The complexity of implementing these tests increases as you move up in the pyramid. End-to-end tests, where service integration is also tested, requires putting in place the infrastructure, the services to be tested and the integrated services. Setting up a testing environment, test implementation and execution are significantly more complex than unit tests.
In addition to the cost of running these tests, another problem arises when a service changes the message format. Big bang deployment (deploying the service and its dependents at the same time) is to be avoided as this type of change breaks the continual deployment) . Therefore, for a period of time, the service provider has to offer support for two versions of the message while customers update to the new one, but consumer tests only look at one version of the producer.
At BBVA Labs, we conducted an experiment to reduce the number of services to deploy in tests and to ensure that communication among services from different domains is maintained throughout the software product’s life cycle in a continual deployment system. The decision was made to evaluate current tools to conduct Consumer Driven Contract testing (CDC testing o contract testing) for this experiment.
03 Nov 2017
BBVA today signed a global strategic agreement with Telefónica that will allow the bank to optimize its communications, increase the capacity of its technological network and facilitate operations in the “cloud.”
“We have to be as efficient as the newcomers,” BBVA Executive Chairman Francisco González said at an event organized by MIT Technology Review and BBVA in San Francisco, when describing the transformation process underway at BBVA to turn a conventional bank into a digital house. The process will allow BBVA to be part of the future competitive landscape in financial services, that will be formed by “some banks including BBVA, probably some startups and definitely some big digital players,” Francisco González said.
31 Oct 2017
For decades now, the conceptual terminology of urban planning has been striking. There are smart cities, urbaneering, digital cities, information cities and interconnected cities. These new terms, together with new tools like the internet of things and big data are transforming a debate that began several thousands of years ago in ancient China and the valleys of Mesopotamia. The discussion of the future of cities is far from new, as it entails some of humanity’s oldest concerns. What is unique today – as we’ll see – is not the novelty of the concepts but their potential.
25 Oct 2017
We know there are planets of a size similar to the Earth and at a distance from their sun that make them inhabitable. It´s also possible that there are vestiges of life on Mars, in the ice-covered oceans covered of Europa – a satellite of Jupiter – or on Enceladus, one of the moons of Saturn. Sending spaceships manned by robots to study the solar system, recreating the conditions of life on Mars inside a mine, or trying to reproduce a living organism in a laboratory – as Dan Brown relates in his latest bestseller – are some of the scientific experiments that are now being performed to solve the enigma of the origin of life.
24 Oct 2017
In a conversation with journalist Gloria Lomana at the Forbes Summit, BBVA’s Group Executive Chairman offered his view of the transformation being provoked by the digital revolution. According to Francisco González, this fourth industrial revolution is going to change the world and offer opportunities to everyone.
BBVA Group Executive Chairman Francisco González presided over the first edition of the Spanish Computer Science Society (SCIE) – BBVA Foundation Research Awards. These accolades recognized the work of six young Ph.D. recipients who are conducting high-level research in Spain.
11 Oct 2017
Futurist Jerome Glenn, CEO of Millennium Project, urges companies and governments to be proactive in the face of technological advances and outlines three different scenarios in which artificial intelligence can determine the course of society.
05 Oct 2017
04 Oct 2017
BBVA’s Group Executive Chairman said that developing the best banking application in the world (according to Forrester) has been a work that “has taken many years.” To get to this point, Francisco González underscored that “the most important thing was when we adopted ‘agile’ work methodologies that allow us to deliver upgrades every three months.” The application helps customers make better financial decisions and manage their financial lives better. Ultimately, he stated, we “want to be the best adviser of our customers.”
01 Oct 2017
This article is the second part about serverless, where we will cover the integration of one of the most interesting products implementing this technology (Fission) in OpenShift, RedHat’s PaaS platform.
Prior to this article, this analysis of serverless architectures or FaaS (Function as a Service) was prepared, to introduce this technology together with its value in business developments.
29 Sep 2017
Social bots are increasingly present online. They are often responsible for spreading fake or misleading news on platforms Facebook and Twitter and can influence the topics that are discussed on these social networks. According to a study by Indiana University (United States), covered by El País, between 9% and 15% of Twitter accounts are controlled by these programmed bots.
27 Sep 2017
Serverless architecture, also known as FaaS (Functions as a Service) enables the execution of an application via ephemeral, stateless containers; these are created at the moment an event is produced that sets off this application. Contrary to what the term suggests, serverless does not mean “without a server.” Rather, these are used as an anonymous element of the infrastructure, supported by the advantages of cloud computing.
Here, leaving aside the hype that accompanies the term serverless, we explore in this post the possibilities it offers in architecture and applications development. We also study the principal alternatives for use in public and private clouds.
Neural networks training is a time consuming activity, the amount of computation needed is usually high even for today standards. There are two ways to reduce the time needed, use more powerful machines or use more machines.
The first approach can be achieved using dedicated hardware like GPUs or maybe FPGAs or TPUs in the future. But it can also be done by splitting the task between more general purpose hardware like the one used in cloud systems.
This document summarizes the conclusions reached after researching the use of distributed neural networks.
26 Sep 2017
BBVA launches Urban Discovery, an interactive tool open to everyone that analyzes the cities of Madrid, Barcelona and Mexico City through the prism of their commercial activity. The analysis led to the creation of new maps that redraw urban borders and identify the most touristic and residential areas or those where young people go shopping.