finance
finance
AFores’ Profits Moderate in November; Down 77% from October
Background on Afores and Their Significance Administradoras de Fondos para el Retiro (Afores) are Mexican pension funds that manage workers’...
finance
Private Sector Experts Lower Mexico’s Growth Outlook for 2025; Predict GDP of Just 0.37%
Private Sector Experts Adjust Mexico’s Growth Expectations Downward Private sector experts have once again reduced their outlook for Mexico’s economic...
finance
Mexico’s 2025 GDP Growth Expectation Drops to 0.39%: Banxico Survey
Experts Lower Mexico’s Economic Growth Projection for 2025 According to a recent survey by the Bank of Mexico (Banxico), private...
finance
Mexican Financial Platform Plata Secures $500 Million Funding from Japanese Bank Nomura
Introduction to Plata and its Significance Plata, a Mexican financial platform transitioning to operate as a bank, has recently announced...
finance
Three Cyber Incidents in Mexico’s Financial System in 2025: Minimal Impact on Users and Institutions
Background on the Mexican Financial System and Relevant Authorities The Mexican financial system, overseen by the Bank of Mexico (Banxico),...
finance
Payment Aggregators Unite Against Money Laundering in Mexico
Over 30 Companies Adopt Self-Regulation Strategy to Combat Financial Crimes In a global environment increasingly scrutinized for financial integrity, Mexican...
finance
BBVA Partners with OpenAI for AI-Driven Financial Revolution
BBVA and OpenAI Announce Strategic Partnership BBVA, a leading Spanish banking group, and OpenAI, the creators of ChatGPT, have announced...
finance
Credit Card Reform: Say Goodbye to Surprise Charges
The Lower House Approves Changes to Credit and Debit Card Regulations The Chamber of Deputies has recently approved a reform...
finance
IMF Renews Flexible Credit Line with Mexico for Two More Years
Background on the IMF and its Flexible Credit Line (FCL) The International Monetary Fund (IMF) is an international organization that...
finance
IMF Renews Mexico’s Flexible Credit Line for Two More Years, Lowers Coverage to $24 Billion
Background on the Flexible Credit Line (FCL) The International Monetary Fund’s (IMF) Executive Board has approved Mexico’s request to renew...
