finance
finance
Understanding MTU: A New Security Measure for Digital Finances
Who is MTU and Why is it Relevant? MTU, or Monto Transaccional del Usuario (User Transaction Amount), is a new...
finance
Covalto: A Growing Digital Bank Four Years After Acquiring Finterra
Background and Relevance of Credijusto and Banco Covalto Founded in 2015 as a fintech, Credijusto, specializing in serving small and...
finance
Mercado Pago Surpasses 1 Million Point of Sale Terminals in Mexico, Outpacing Traditional Banking
About Mercado Pago and Its Significance Mercado Pago, the financial arm of Mercado Libre, has surpassed 1 million active point...
finance
Banco Multiva Successfully Acquires CIBanco’s Fiduciary Business
Background on Key Players Grupo Financiero Multiva announced on Friday that it has successfully completed the acquisition of CIBanco’s fiduciary...
finance
How Much Do Banks Contribute to the IPAB?
Understanding the Instituto Para la Protección al Ahorro Bancario (IPAB) The Instituto Para la Protección al Ahorro Bancario (IPAB) is...
finance
Mexican Government to Eliminate Tax Deduction for Bank Contributions to Fobaproa Repayment
Background on Claudia Sheinbaum and Her Relevance Claudia Sheinbaum is the current Head of Government of Mexico City, serving as...
finance
BBVA’s Takeover Offer for Sabadell Begins Monday: Creating a Spanish Banking Giant
Background on BBVA and Sabadell BBVA, a prominent Spanish banking institution, announced on Friday that its hostile takeover offer for...
finance
GAFI Shouldn’t Be a Dogma, Experts Say; Practical Challenges in Anti-Money Laundering Efforts
Understanding GAFI and Its Role The Group of Action Financial International (GAFI) is an intergovernmental body established by the G7...
finance
US Migration Policy to Reduce Mexican Remittances by 13% in 2026
Introduction The International Institute of Finance (IIF) has warned that the United States’ current migration policies will negatively impact both...
finance
Banxico: Sofipos to be Fully Digitalized with Increased SPEI Participation in Five Years
The Role of Cloud Computing in Digital Transformation Sociedades Financieras Populares (Sofipos) are taking a significant step towards modernization. In...