Innovation
Innovation
Francisco Maturana, CEO of BBVA AI Factory SL, discusses the step BBVA is taking to consolidate the space created by the Artificial Intelligence Factory. The new company, BBVA AI Factory SL, will have the mission of creating data products aligned with the bank's strategic priorities, maximising the generation of value for all the businesses and countries in which BBVA operates.
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Francisco Maturana
BBVA plans to invest as much as $150 million in new capital to support Propel, bringing its total commitment to over $400 million, including its previous investment in 2016. The announcement builds on the initial successful relationship established five years ago, which has enabled Propel to partner with leading innovators such as Coinbase, DocuSign, Hippo, Guideline, and Neon.
The Garanti BBVA Partners initiative, which was launched six years ago, continues its activities this year with a series of meetings with renowned experts. Balvinder Singh, who has extensive experience in directing business, social, cultural, media, and technological projects, was this month's guest.
World Finance magazine has given two awards to Garanti BBVA in the 2020 edition of its Digital Banking Awards. BBVA’s Turkish unit has thus become the Best Digital Bank for the fourth consecutive year and was named as having the Best Mobile Application in the Turkish market.
Three years ago, BBVA USA unveiled a new front-end sales and service application that would be a key tool for the frontline branch employees across the bank’s footprint. That tool was Client Vista.
Yesil Science was created with the objective of developing innovative solutions to healthcare, combining medicine, art, and technology. In addition, it is a company that has participated in the Garanti BBVA Partners program.
Central bank-backed digital currencies, such as the potential digital euro and digital yuan, may become a reality in the coming years. Unlike cryptocurrencies such as Bitcoin and Ethereum, these currencies promise less volatility and greater security. In addition, they will have the support of their respective monetary institutions, responsible for ensuring financial stability.