BBVA's Purpose and Strategic Priorities
New Business Models
Digitalization has revolutionized other industries
Money is digital
Technology makes it possible to create new experiences and New Business Models
The way we do banking is going to change
A recent study concluded that up to 50% of banks' profits will disappear over the next ten years.
In 10 years
-50% profit
That is why it is of paramount importance to build New Business Models
There are many ways to build New Business Models
We need to be capable of developing and choosing the model that is best suited to each opportunity
The attitude of a technology company
Look Outside
Always be aware of what is going on in the world.
Be Brave
When it comes to building new products and putting them on the market.
Don't Be Afraid to make Mistakes
Be prepared to fail and learn from our mistakes.
Fast and Efficient
Our ideas and prototypes must change to keep pace with the market.
Become Beta-Testers
For our own products in order to provide feedback.
