The aim of technological innovation is to take advantage of opportunities offered by new technologies. It identifies, verifies and applies those that might be of interest to the group’s business and support areas.

The process is as follows:

1. Identify new solutions by monitoring technology news media. BBVA’s intranet carries a daily bulletin of technology news and in-depth analyses of items of technical interest.

2. These solutions and their contributions to value are discussed with the relevant group areas. This is followed by verification and modelling aimed at business needs.

3. Application of the selected technology and validation in pilot projects.