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BBVA today reported financial results for the first nine months of 2016. According to BBVA CEO Carlos Torres Vila, “it has been a good quarter, with solid growth in recurring revenues, cost control, and stability in risk indicators. Furthermore, we have already achieved the capital goal we had set for 2017.”

These are the 5 keys to understanding BBVA’s results:

The Foundation for the Study of Applied Economics (FEDEA) presented a study this week that analyzes women in the job market. The report verifies that gender inequality exists in the workplace. Even though women are more educated, they have greater difficulty getting jobs, the jobs they get are not as good, they earn an average of 20 % less and they are underrepresented in management positions.

BBVA Compass is shoring up efforts in Mission, Texas, to build a small-business ecosystem capable of supporting the booming growth in the city and surrounding Rio Grande Valley.

The BBVA Compass Foundation gave a $15,000 grant to the city’s Economic Development Corporation to support its new Center of Education and Economic Development. The facility will offer educational programs for small businesses and entrepreneurs in the Rio Grande Valley, with classes in science, technology, arts and math. The grant adds to BBVA Compass’ array of efforts in the area, which includes investments in affordable housing projects.

In Spain, August ended with a total of 51.2 million cell phone lines, according to the National Markets and Competition Commission (CNMC). The Commission notes that mobile lines including both voice and data currently represent 76.46 % of all mobile lines in Spain (51.2 million) after adding 316,753 new lines in August. Of this amount, 225,226 were postpaid and 91,527 were prepaid.

It is undeniable that the arrival of Uber to the transportation sector has threatened the traditional taxi industry across the world. Even New York’s world famous taxis have been impacted by the competition from new companies, and not only in the number of customers. When Uber started in New York in 2011, taxi licenses cost approximately $700,000. In 2016, they were down to $475,000.

75% of consumers prefer to acquire new digital services from their current financial institution or another traditional provider rather than a non-traditional provider, according to a CGI study of 1,670 consumers in the U.S., Canada, the U.K., France, Germany, Sweden, Singapore and Australia.  The aim of the study was to analyze the role that fintech firms play in remodeling the banking industry. The company examined 12 key fintech service concepts, including their digital identify, data protection, mobile payments, and personalized digital experience, among others.