finance
finance
Afore XXI Banorte Owes Over $206 Million in Fines and Penalties
Background on Afore XXI Banorte and Its Relevance Afore XXI Banorte is one of the largest pension fund management companies...
finance
Mexico’s Remittance Incomes Drop Significantly in June 2025
Impact of Strict US Immigration Policies on Mexican Remittances In June 2025, Mexican families received $5,201 million in remittances, according...
finance
Trump to Soon Announce Fed Appointments; Bessent to Stay at Treasury
Background on Key Figures Donald Trump, the current President of the United States, has announced that he will soon reveal...
finance
Stablecoins Gain Traction in the Fintech Ecosystem
Introduction to Stablecoins and Their Growing Relevance The adoption of stablecoins is driving new digital payment solutions, remittances, investment, and...
finance
Sofipos Slow Down Deposit Capture, Yet Remain Leaders: Achieving 97.2% Annual Growth in March 2025
Introduction to Sofipos and Their Significance Sociedades Financieras Populares, or Sofipos, are a crucial part of Mexico’s financial landscape. These...
finance
Afore PensionISSSTE: The Only Public Pension Fund Distributing Profits to Workers
Who is Afore PensionISSSTE? Afore PensionISSSTE is the only public pension fund among the 10 Afores in Mexico. It uniquely...
finance
Kushki’s Goal: Digitalize Traditional Businesses for 2026 World Cup in Mexico
Introduction to Kushki and its Mission Kushki, a technology payments company, has identified the digitalization of traditional businesses near World...
finance
Understanding the Impact of US Remittance Tax on Mexico: Experts Weigh In
Remittance Composition in Mexico According to data from Banco de México, only about 20% of remittances received in Mexico during...
finance
Barclays Leaves Net-Zero Banking Alliance, Raising Concerns Over Climate Change Commitment
Background on Barclays and the Net-Zero Banking Alliance Barclays, one of the United Kingdom’s major lenders, has recently announced its...
finance
Location of the Afore Account: The Most Requested Service at SARTEL
Understanding Afores and the Need for Account Location In Mexico, there are 17.64 million Afore (Voluntary Private Retirement Accounts) accounts...
