finance

finance
BBVA’s Response to Fintech Competition: Innovation and Regulation
BBVA’s Position on Emerging Digital Competitors Eduardo Osuna, Vice President and General Director of BBVA Mexico, acknowledges the challenge posed...

finance
Mexico Offers Growth Opportunities for Fintech, Banks, and Improved Products: Santander
Introduction Despite the uncertain environment, Mexico presents growth opportunities with space for fintech companies, traditional banks, and continuous improvement of...

finance
Banorte: A 125-Year-Old Bank Embracing Digital Transformation
About Grupo Financiero Banorte (GFB) Grupo Financiero Banorte, with a 125-year history, is a dynamic and forward-thinking bank that constantly...

finance
Banorte Lowers Rates for Women-Led SMEs, Strengthening Financial Inclusion Commitment
Background on Grupo Financiero Banorte and its Relevance Grupo Financiero Banorte, a prominent Mexican financial group, has announced reduced interest...

finance
11 Sofipo Application Submissions Since 2022: A Growing Trend in Mexico’s Financial Sector
Introduction to Sociedades Financieras Populares (Sofipos) Since 2011, there have been significant transformations in Mexico’s financial sector, particularly within Sociedades...

finance
Mexican Savings Popular Companies (Sofipos) Sign Agreement with OFAC to Verify Users and Enhance Security
Who are the Mexican Savings Popular Companies (Sofipos)? The Mexican Savings Popular Companies, or Sofipos, are financial institutions that cater...

finance
Strengthening Anti-Fraud Measures in Mexican Banks: New Regulations by CNBV
Introduction to the New Regulatory Measures In an effort to bolster anti-fraud guidelines within Mexican banking institutions, the National Banking...

finance
HSBC Introduces Financing Tool to Help US Clients Pay Import Tariffs
Background on HSBC and its Relevance HSBC, one of the largest banking and financial organizations globally, has recently unveiled a...

finance
Banxico Has Room to Lower Interest Rates, But Policy Should Remain Restrictive: Heath
Background on Jonathan Heath and Banxico Jonathan Heath, the undersecretary of Banxico (Mexico’s central bank), recently discussed the bank’s monetary...

finance
Open Finance in Mexico: Potential Unmet by Lack of Regulatory Framework
Introduction and Relevance Mexico possesses the necessary conditions for the development of open finance (open banking) and open banking, yet...