Reorienting the workforce, attracting talent and improving energy infrastructure are some of the key areas the consulting firm McKinsey & Company has identified for the European Union can unleash its potential in artificial intelligence. This would allow labor productivity in Europe to increase by up to three percent annually by 2030, while reducing the gap with more competitive countries in AI, such as the United States.

Garanti BBVA recently revamped ‘Garanti BBVA Mobile’, making it faster and easier for investors to monitor and manage their investment portfolios directly on the app. The new menu for investments allows customers to view their portfolio distribution, check the status and research investment options that match their investment goals - all on a single screen. Furthermore, Garanti BBVA Mobile also offers educational content designed to improve customers’ investment knowledge in its Investment Academy.

Artificial Intelligence (AI) is rapidly transforming the way we interact with the world. At BBVA, the Behavioral Economics team works to leverage its potential in a safe and responsible way by improving customer experience and process efficiency. How? By shaping AI development and adoption.

Casafari, one of Europe’s most prominent real estate software platforms, has signed a €5 million venture debt deal with BBVA Spark. It is BBVA’s first financing arrangement with tech firms in Portugal. The agreement benefits from the support of the European Union and the European Investment Fund under the InvestEU Fund program.

Garanti BBVA has launched a new payment and electronic money service, TAMİ, to bring fresh innovation to the rapidly evolving world of e-commerce and digital payments.

After training more than 50,000 employees in data, BBVA is now busy developing a new program, this time alongside the University of Navarra and focused on the use of tools such as ChatGPT. The aim is to boost productivity by optimizing efficiency in decision-making and daily operations. The program is part of a partnership agreement to train bank employees in data science and new emerging technologies.

Garanti BBVA recently hosted Istanbul Venture Day to bolster the startup ecosystem and contribute to innovation in the fintech sector. The event was organized in collaboration with Fintech Istanbul and IE University of Madrid as part of its Venture Day series, with the participation of the Spanish and Italian consulates. Fintech startups had the opportunity to meet with Italian and Spanish investors, and learn about the markets and investment opportunities in these countries.

Cover photo: From left to right Garanti BBVA EVP, Ceren Acer Kezik, Zuzzuu Co-Founder & CEO, Ahmet Sukuroglu and IE University Chairman, Center for Entrepreneurship & Innovation, Juan José Güemes.

BBVA Asset Management (AM) has launched a pilot project capable of applying blockchain technology to asset management, in line with its strategy of harnessing innovation for the benefit of its clients. To succeed, it has registered a short-term fixed-income ‘tokenized’ investment fund through the regulatory sandbox of the Spanish National Securities Market Commission (CNMV).

Garanti BBVA Kripto aims to provide the highest standards in terms of performance, security, and customer trust  for digital assets. It does so by establishing strategic partnerships with Ripple for the services provided by  its subsidiary; and with IBM for secure custody solutions for its crypto asset trading platform, which serves more than 14,000 users.

BBVA is the world’s thirteenth most advanced bank on account of its ongoing efforts to integrate data and AI technologies, according to the Evident AI Index. More precisely, the bank ranks first in Spain and fourth in Europe, where it is widely recognized as offering outstanding professional development opportunities for its AI specialists and for having defined a Group-wide strategy that permeates the upper echelons of the organization.