finance
finance
CIBanco Sues U.S. Treasury Department: Here Are the Key Reasons
Background on CIBanco and Its Significance CIBanco, a prominent Mexican financial institution, has been actively involved in managing billions of...
finance
Kapital Bank to Acquire Intercam’s Assets: SHCP
Background on Intercam and its Relevance Intercam Banco, a Mexican financial institution, has been involved in a significant development following...
finance
US Treasury Extends Deadline for Banning Certain Transactions with Mexican Financial Institutions
Background on the Mexican Financial Institutions Involved The United States Treasury Department, through the Financial Crimes Enforcement Network (FinCEN), has...
finance
Chilean Fintech Fintoc Receives Authorization as IFPE in Mexico, Pending Publication in DOF
About Fintoc and its Relevance Fintoc, a Chilean financial technology company specializing in payment solutions for businesses in Chile and...
finance
Multiva Secures Agreement to Take Over CIBanco’s Fiduciary Business
Background on Key Players and Context Grupo Multiva, a member of the Vazol Group, has announced that it has reached...
finance
Incode Acquires AuthenticID to Strengthen Digital Identity Verification Amid AI and Deepfake Threats
About Incode and AuthenticID Incode, a Latin American digital identity unicorn known for its AI-based identity and trust solutions, announced...
finance
Country Garden Secures Support from Core Creditor Group in $14.1 Billion Restructuring Plan
Background on Country Garden Country Garden, a prominent Chinese real estate developer, has recently reported that it reached an agreement...
finance
Managed Savings by AFORES Grew 75% in the Last Five Years Due to 2020 Reforms
Introduction and Background Managed savings by AFORES (Mexican Occupational Pension Funds) have witnessed a remarkable 75% growth since 2020, largely...
finance
Seguros y Pensiones: The Second Most Profitable Segment for Mexican Financial Groups
Overview of Financial Group Performance in Mexico In Mexico, the banking business is the primary source of profits for financial...
finance
Banks and Fintechs Face the Challenge of Modernizing Infrastructure: Cloud Becomes a Critical Enabler for These Trends in the Sector
The Financial Sector’s Transformation for Modernization Amidst Trends The financial sector, ranging from traditional banks to fintechs, is undergoing a...
