05 Jul 2018
Gesturing to the mint colored typewriter on the table, BBVA US Director of Risk Technology and Productivity Amory Booher said, “Technology has a lifecycle with a start and end date. For instance, the computer changed how we interacted with typewriters. Similarly, artificial intelligence and cognitive capabilities are changing how we interact with computers. We don’t know if these technological advancements will be as significant as going from the typewriter to the computer, but it’s incumbent on us to understand how these technologies are being applied so we can use them to make our lives better.”
05 Mar 2018
BBVA Open Talent, the world’s biggest fintech competition, will this year mark its tenth anniversary by working with more start-ups than ever before.
Find out more and register for Open Talent 2018 here.
13 Feb 2018
08 Feb 2018
For decades, human beings have used technology to make day-to-day life simpler and more comfortable. Science has evolved and become more sophisticated in meeting our concrete needs in a more precise manner. The entertainment sector has also benefited from technological advances, by incorporating virtual reality into immersion experiences.
31 Jan 2018
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.
23 Jan 2018
15 Jan 2018
The Italian director Ettore Scola once said that movies are a painted mirror. Dramas, comedies and adventures of all kinds have been presented on the big screen for decades. But the imagination of film directors when creating science fiction has taken them even further, to a once-distant future that we’ve finally reached. Many screenplays were written about the present we now live in, but how accurate were their predictions?
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.
14 Dec 2017
For a while after science-fiction was first coined as a term, it seemed like the only thing the genre would be capable of producing would be just that: purely fictional works with no connection to reality. Today, we can already enjoy some of the futuristic innovations featured in some movies a while back, such as virtual reality or artificial intelligence. Which sci-fi movies predicted the future digital era and got it right?
04 Dec 2017
All organizations operate at what is known as the edge of chaos. It is a transition space between order and disorder, a region of bounded instability, where forces both progressive and conservative battle for control. A manager may have a three-year strategy, and the protocol, teams and departments in place to deliver it, but realizing that strategy means contending with countless disruptive events; a new competitor entering the market, a shift in consumer behavior – even, perhaps, the manager’s own desire to retire to a quiet village on the countryside.
30 Nov 2017
When Johannes Gutenberg invented the printing press in 1440, he couldn’t publish everything he wanted. The supply of text was limited, censorship prevented him from publishing certain things, there were few authors around and demand for reading materials was low. In the 21st Century, the situation is very different. It’s worth exploring these differences, recalling the process that Marshall McLuhan called the Gutenberg Galaxy.
15 Nov 2017
09 Nov 2017
BBVA’s Group Executive Chairman is convinced that technological advances will be accompanied by greater progress and well-being, but he is also calling for policies and structural reforms that are capable of mitigating the costs of the transition to the new digital society. Supporting research and education, promoting competition and transparency in the markets and developing new employment policies and social protection systems were among the recommendations Francisco González shared at an event organized by El Periódico de Catalunya and BBVA in Barcelona.
03 Nov 2017
“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.
02 Nov 2017
The revolution in the automobile industry isn’t just about driverless cars. Blockchain technology will also have an impact on the sector, especially on the internal processes of companies.
31 Oct 2017
From a small town in Burgos province, the mobile robotics engineering firm ASTI shows that digitization provides an opportunity to restore the fabric of industry.
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.
30 Oct 2017
Year 2049. Three decades have passed since Richard Deckard began hunting down and retiring Nexus 6 models. The Wallace Corporation has built an empire on the ruins of Tyrell Corp, designing a new generation of replicants, more obliging and integrated in society. Through the implementation of memories, the new models have an emotional foundation that makes them more stable than their predecessors, much more similar to humans.
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.
02 Oct 2017
Agriculture stands at the threshold of a new revolution. The rising population, the competition for increasingly scarce resources and the phenomenon of climate change are just some of the challenges facing the sector as it seeks to feed all of humanity. We need to produce more with less, a challenge that the farm sector has already begun to answer, thanks to the Internet of Things, whose sensors have brought the benefits of big data to the farmsteads and croplands.
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.
15 Sep 2017
11 Sep 2017
“Can machines think?” This is one of the questions that appear in unedited letters that were found in a warehouse at the University of Manchester. They were written by the “father” of artificial intelligence, Alan Turing.
08 Sep 2017
Advances in mechanics, manufacturing techniques and artificial intelligence are giving way to increasingly sophisticated and specialized robots. These are some examples of the next generation of robotics that are being developed in MIT laboratories.
02 Aug 2017
Technological transformation is changing the rules of the game in many industries. The world of food – and new consumption habits – have not escaped the innovation of the startups: intelligent kitchens, robot chefs, home deliveries in tupperware, food orders with no minimum amount, artificial intelligence to calculate calories… it´s time for foodtech.
26 Jul 2017
Machines are getting smarter: trading trillions of dollars in stocks around the world, driving cars, performing surgical operations (570,000 last year), managing and running entire hotels, making cocktails on cruise ships in the Caribbean… truly, we are living in the age of the machine.
06 Jul 2017
There are currently 197 unicorn companies in the world, with 24 new additions so far this year. Fintech, smart building, cybersecurity, messaging… the new arrivals come from a wide range of sectors. Among the veterans, Uber is leading the way with a valuation of $68 billion.
30 Jun 2017
According to the experts, artificial intelligence is not only a banking reality, it will change the sector completely. The transformational power of artificial intelligence can already be glimpsed in the form of chatbots, robo-advisors, and Robotic Process Automation.
28 Jun 2017
A Royal Bank of Scotland (RBS) bot is already answering 60% of the basic questions that in the past had to be addressed by humans.
06 Jun 2017
BBVA Global Head of Customer and Client Solutions
01 Jun 2017
“I’m Coding the Future” coding and robotics workshops that Garanti Bank initiated in order to instill the culture of technology and creativity in kids, and to introduce them to the skills of the 21st century. Garanti welcomed about 200 children into the joyful and creative world of coding in the coding workshops it organized in 9 cities around all regions of Turkey.
26 May 2017
16 May 2017
AI is a core focus for BBVA and for many banks around the world.
05 May 2017
BBVA has announced the first finalists for its 2017 Open Talent competitions – starting off with the key issue of identity.
28 Apr 2017
21 Apr 2017
BBVA just completed the first real-life implementation of an international money transfer using Ripple’s new Distributed Ledger Technology (DLT). The transaction, running on BBVA infrastructures with real money, successfully completed transfers between Spain and Mexico in a matter of seconds.
20 Apr 2017
18 Apr 2017
From medicine to finance, large-scale data processing technologies are already starting to deliver on their promise to transform contemporary societies. Far-reaching social changes don’t take place overnight. Little by little, they become part of our daily life, until their revolutionary nature dissipates. Years ago, hybrid cars started turning people’s heads. Today, electric cars are becoming less of a rarity – at least in larger cities.
17 Apr 2017
BBVA is leading the pack in terms of technology applied to finance – from electronic payments in day-to-day transactions with BBVA Wallet, to big data management. But on the horizon has appeared the (pen)ultimate frontier that banks will need to cross, one that has a sci-fi ring to it: the robotization of banking activities.
07 Apr 2017
Senior executives from BBVA got the chance to meet with some of the USA’s most innovative and forward thinking financial technology businesses this week at the first tech summit hosted by BBVA-backed venture capital firm Propel Venture Partners.
06 Apr 2017
BBVA Global Executive Chairman Francisco González presented ‘The Next Step: Exponential Life’, the ninth book in the annual collection BBVA publishes as part of its OpenMind initiative. On this occasion, 20 international experts reflected on the immense opportunities so-called “exponential technologies” offer humanity, but also the associated risks and unknowns.
23 Mar 2017
Microscopic like a bacterium or soft like a jellyfish, the robots of the future will no longer be stiff emotionless metal monsters. This new generation of machines, biodegradable and capable of interacting with the human body, will help us conquer planets, repair the environment, or cure illnesses.
09 Mar 2017
Digital technologies have brought change to the financial sector and with it, new ethical challenges for banks. However, in this new digital environment there is one thing that hasn’t changed: confidence, which continues to be the foundation of the financial business and puts customers at the heart of the banking business model.
BBVA Data & Analytics, BBVA’s center of excellence in financial data analysis, has announced today that it is joining the “Data for Climate Action” challenge hosted by Global Pulse, a United Nations innovation initiative on big data.
01 Mar 2017
Francisco González, Group Executive Chairman of BBVA, presented the book The Next Step: Exponential Life in an event held at the Massachusetts Institute of Technology, This work collects the insights of twenty of the world’s most authoritative voices in a number of fields, analyzing the tremendous opportunities – and the risks and uncertainties – that the so-called “exponential technologies” will bring to humanity
27 Feb 2017
The latest news reports say that this could be the year of voice assistance for everyday objects, including smartphones. For several years now, smartphones have practically become an extension of the body and they are in the spotlight at the most important phone fair in the world – the Mobile World Congress being held this week in Barcelona.
23 Feb 2017
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.