Capitalizing on innovation. December 2015

Transcription

1 Capitalizing on innovation December 2015

2 How to build an innovative ecosystem in

3 So many challenges, so many angles to them

4 Getting lines of business involved early on

5 Innovation Centers

6 Connecting the digital with the analogic

7 Working with the best restaurant of the world

8 You can t talk about innovation without mentioning

9 Startups vs. Big corporations We know that a startup is:..a temporary organization designed to search for a repeatable and scalable business model AND... The corollary for an enterprise is:...a company is a permanent organization designed to execute a repeatable and scalable business model

10 What are entrepreneurs doing?

11 How to collaborate with the external ecosystem?

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13 OpenTalent - evolution through time Digital Life New Banking FINTECH ONLY! Spain Only countries countries countries countries Initial steps: creating awareness and setting up the competition New specific category to gain focus. Limited interaction with BBVA teams Limited traction within Fintech ecosystem Global program splits into 3 Regional finals to tap into local ecosystems. Increased quality of participants Focus in Fintech, enriched value proposition (Immersion program) Relevant startups reached Pág.

14 Current Open Talent Process (2015 figures) 2 Call 3 Filtering Finals Applications Top Performers Finalists Winners for participation Buy Be their customers Talent Acquisition 3 FINALS 1 Oct Invest Partner + 1 Financial Inclusion Special Award Europe Latin America USA & Rest Immersion & Interaction Program MEXICO CITY Get to know the emerging economies BBVA Experts Interaction Oct 13 Oct LONDON 5-9 Get to know the global FINTECH hub BBVA Experts Interaction + 60 BBVA executives and experts take part in immersion & interaction program to allow them to get to know Pág. what s happening in the FINTECH scene (education + speeding up transformation) 4

15 Opentalent 2015 >> Market Intelligence 4,4% Payments Lending 9% Security 6,1% Financial inclusion 5,9% 3,7% Bank as a service Big Data 8,7% Trading & Markets PFM 6,5% top 166 USA 143 Spain 3,9% 6,1% Blockchain/crypto 10 countries (# of applications) Colombia UK Mexico Chile Argentina Italy Israel Canada Pág.

16 2015 Winners *And areas talking with them LendingFront's platform enables lenders to tap into the vast and underserved market of short term business loans easily and efficiently. BitNexo helps commerce providers harness the power of the blockchain for cross border trade. Global trade team Destácame helps those with limited financial info to access credit by building a credit risk profile based on how they pay utility/services bills. Financial Inclusion team BBVA Bancomer Digital Banking BBVA Bancomer Mobility & Innovation BBVA Compass Business Development; New Digital Business BBVA Compass SML Business Segments BBVA Compass Everledger combines blockchain technology with primary diamonds records to create a transparent, immutable, secure global ledger for trade. ModernLend is an online lender that uses alternative data to identify & lend to creditworthy international & U.S. borrowers in the U.S. Mobility & Innovation BBVA Compass Business Development BBVA Compass Insurance teams BBVA Business Development; New Digital Business BBVA Compass Origin is a marketplace connecting fixed income investors with corporate borrowers in the bond market, facilitating direct bond issuance. Ventures team BBVA Compass Corporate & Investment Banking BBVA winner + most of the finalist (around 40 startups in total) have a follow up plan with specific teams inside BBVA to Pág. assess possible ways to collaborate, learn, work together.

17 THANK YOU!