Bringing the Artificial Intelligence to its True Potential

Juan Murillo

d&a blog

Since 1953, when the term Artificial Intelligence was coined by John McCarthy in a conference at Dartmouth University we have achieved unthinkable highs: we have taught machines to see, to recognize images or text. We have taught them to read, to listen, speak, or translate. And still they are not even close to having full human-capacities; they don’t comprehend, they …

Ethical Implications of Personal Data Usage from Corporations

Beatriz Alonso

d&a blog

Just two months ago, Facebook’s CTO Mike Schroepfer acknowledged in a statement that “the data of more than 87 million people could have been shared inappropriately with Cambridge Analytica.” Cambridge Analytica abused the possibilities offered by the social platform creating personality profiles based on that data stolen from the platform. This data was allegedly used to influence the outcome of …

Eurovision 2018. Just Another Excuse to Demonstrate the Value of Data

Jairo Mejía, Iskra Velitchkova and Beatriz Alonso

d&a blog, dataviz

Data is getting more and more specific, with deeper dimension, greater levels of richness from which individuals or organizations can draw insights. Data is especially granular and structure when it affects the core operations of business, governments or other organizations. Surprisingly, this also stands true for events that have gathered the attention and passion of fans from all over the …

Training, an Essential Perk to Retain a Data Scientist Profile

Ana de Melo e Faro and Beatriz Alonso

d&a blog

BBVA Data & Analytics’ first milestone was achieved in 2011 when BBVA’s Innovation Unit set up a small research team, committed to using existing data sources to solve business challenges. Several external partnerships with research institutions, other startups, Telecom corporations and public institutions, offered promising results such as the massive identification of highly profitable customers formerly labeled as standard customers, …

No Problem Too Big; No Solution Too (Computationally) Small

Jairo Mejía

d&a blog

At BBVA Data & Analytics we are constantly tackling business problems with applied maths, statistics or econometrics. There is no problem too big; but it turns out the solution can be sometimes too big. That premise took BBVA’s data scientist Jordi Nin and Jordi Aranda to explore a way to improve the quality of the insights offered by Commerce 360, …

Adding fairness to dynamic pricing with Reinforcement Learning

Roberto Maestre and Jairo Mejía

d&a blog

Maximizing profit is a premise that has always being present in the back of the minds of every trader and salesman since the very early days of commerce; or so they thought. In reality, every actor in search for profit during an exchange of goods or services tends unconsciously to add some measure of fairness into the deal in order …

A “weird” Introduction to Deep Learning

Favio Vázquez

d&a blog

There are amazing introductions, courses and blog posts on Deep Learning. I will name some of them in the resources sections, but this is a different kind of introduction: a weird introduction. But why weird? Maybe because it won’t follow the “normal” structure of a Deep Learning post, where you start with the math, then go into the papers, the …

Artificial Intelligence will be Omnipresent in the Future

Beatriz Alonso

d&a blog

Advances in the last five years on how we gather and process data have been key to speed up the way Artificial Intelligence is used in our daily lives and how human perception itself has been augmented with the use of Artificial Intelligence. There has been great progress in image classification or object recognition, as well as numerous advances in …

Urban Discovery, a Vision to Rethink Cities

Jairo Mejía

d&a blog

Late last year Urban Discovery showcased a new way of representing cities based on purchasing behavior. This approach allowed BBVA Data & Analytics examine Madrid, Barcelona and Mexico City under a new light. The insights extracted analyzing patterns of economic behavior helped us redraw the cities beyond the traditional administrative boundaries. The visualization created by BBVA Data & Analytics and …

Designing Visions for Busy Organizations. Part II

Fabien Girardin and Israel Viadest

d&a blog

Putting Design Fiction into practice   The banking industry is facing major changes with the digitalization of its core business that impacts the management of risk, trust, identity and decision-making, among other things. As you have seen in Part I of this series of articles. At BBVA Data & Analytics, we spearhead BBVA’s transformation into a data-driven financial group. We …