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Innovation

Innovation

Our mobile phones have become an extension of ourselves. Even more so when looking at markets like Spain where there is significant smartphone market penetration. That's why BBVA has committed its firm support to creating a unique experience for its customers using mobile devices. The data validates the positive progress made by the business in this digital channel. The bank's app in Spain has just surpassed 5 million downloads by individual Android users, and at the close of March, the number of mobile customers exceeds 3.4 million.

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Global Finance magazine has chosen BBVA as the best technological bank in Latin America in 2018. Since the outbreak of the financial crisis, the world of fintech and new technologies have become an increasingly pivotal component of financial institutions and transactional security. That’s what’s driven the prestigious publication to pay tribute to the institutions that are doing a great job at harnessing the power of these new technologies.

BeCoN is an acronym coined by PwC researchers to refer collectively to the three new forms of capital – behavior capital, cognitive capital and network capital – that they say in a report entitled ‘The Bionic Company’ are becoming increasingly crucial in the current economy.

What happens when an artificial intelligence system recommends a movie or a restaurant? Or a financial product?  To what extent can an algorithm get to know people? These and many more questions were raised during the presentation of the BBVA’s Data and Analytics project ‘RecSys, a recommendation in the era of machine learning’, which brought together experts from diverse fields (cinema, design, law and gastronomy) to discuss how society is changing with the arrival of these technologies.

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.