The agreement establishing Intel as BBVA’s priority partner is part of a series of strategic, global alliances that the Group is formalising with tech leaders.

The pact will give BBVA access to a suite of products, tools and capacities enabling it to improve the performance of its data storage and processing systems. The solution portfolio provided by Intel includes both physical components and software tools that will help the Spanish bank to continue developing next-generation digital banking services based on artificial Intelligence and machine learning.

Ignacio Bernal, global head of architecture at BBVA says the agreement will help to keep the bank at the forefront of advances in the evolution and deployment of data-mining architectures. This will be particularly relevant for BBVA when approaching the challenges posed by the integration of processors designed for the use of artificial intelligence in its data infrastructures, he adds.