finance
finance
Mercado Pago and Oxxo Partner for Cash Withdrawals at Over 23,000 Stores Across Mexico
Introduction to the Partnership Mercado Pago and Oxxo have announced a collaboration that will enable users to withdraw cash from...
finance
Citigroup Reports 25% Increase in Q2 Earnings
Overview of Citigroup’s Financial Performance The American bank, Citigroup, announced a net income of $4.019 billion in the second quarter...
finance
JPMorgan and Wells Fargo Surpass Q2 Forecasts
JPMorgan Chase Reports Strong Q2 Results Despite 17% Profit Drop JPMorgan Chase, a leading American bank, announced Q2 results that...
finance
Mexico’s Payment Infrastructure Challenge Ahead of 2026 World Cup
Visitors Expect Fast, Secure, Frictionless Payment Experiences As Mexico prepares to host the 2026 FIFA World Cup alongside the United...
finance
High-Income Segment in Mexico Diversifies Investments into Real Estate, Stocks, and Debt Instruments
Key Investment Preferences in Mexico The high-income segment in Mexico is increasingly diversifying its investment portfolio, with real estate, stocks,...
finance
High Interest Rates in Mexico Keep Assets Attractive Amidst Rate Cuts
Mexico’s Interest Rates and Their Global Appeal Despite Mexico being in a cycle of interest rate cuts, it remains the...
finance
Bank of America Deems 2,000 Million Euro BBVA-Sabadell Offer Hike “Excessive”
Background on BBVA and Sabadell BBVA, a Spanish multinational financial services company, and Banco Sabadell, another major Spanish banking institution,...
finance
Fintech Sector in Mexico Remains Stable Amidst Regulatory Challenges
Introduction to Fintech and PLD-FT The fintech sector in Mexico has consistently been at the forefront of Prevention of Money...
finance
US Increases Anti-Money Laundering Requests to Mexico Since 2022: UIF
Background on Pablo Gómez and the Unidad de Inteligencia Financiera (UIF) Pablo Gómez leads the Unidad de Inteligencia Financiera (UIF),...
finance
New U.S. Remittance Tax to Reduce Mexico’s Annual Remittance Flows by $1.5 Billion
Introduction to the Remittance Tax and Its Impact on Mexico According to experts from the Washington-based think tank, the Overseas...
