finance
finance
ISSSTE Projects Peak of Pensioners in 2037, Over 2.2 Million Expected by 2055
Background on ISSSTE and its Pension Schemes The Instituto de Seguridad y Servicios Sociales de los Trabajadores del Estado (ISSSTE)...
finance
Prometeo and Jumio Partner to Strengthen PLD Infrastructure
Background on Key Players Prometeo, a fintech company specializing in banking infrastructure, and Jumio, a technology firm focusing on digital...
finance
UK Fines Digital Bank Monzo £21 Million for AML Control Failures
Background on Monzo and its Significance Monzo is a UK-based digital bank founded in 2010 by Tom Blomfield, Peng Tao,...
finance
Santander Mexico Introduces Contactless Cash Withdrawals at ATMs
New Feature Available in Over 8,000 ATMs Nationwide Santander Mexico customers can now perform contactless cash withdrawals at the bank’s...
finance
CIBanco Confirms Regular Operations as Common Representative in Securities Market Amid Temporary Intervention
Background on CIBanco and its Role CIBanco is a prominent financial institution in Mexico, playing a crucial role as the...
finance
Significant Stress on Mexican Financial System as Three Institutions Face Money Laundering Allegations
Introduction The recent accusations of money laundering against three Mexican financial institutions—CIBanco, Intercam, and Vector—by the U.S. Department of the...
finance
Understanding Siefores: Boosting Your Retirement Savings
Who are Siefores and why are they important? Siefores, or Sociedades de Inversión Especializadas en Fondos para el Retiro, are...
finance
Mexican Small Business Leader Warns of 25% Drop in Domestic Consumption Due to US Remittance Tax
Background on the Situation Cuauhtémoc Rivera, the president of the National Alliance of Small Businesses (ANPEC), predicts that a 1%...
finance
EU Regulation Boosts Stablecoin Growth: Total Value Surpasses $250 Billion
Introduction to Stablecoins and Recent Regulatory Developments The total value of stablecoins in circulation has surpassed $250 billion for the...
finance
CIBanco and Intercam: Long-standing Institutions Under Scrutiny Amid Money Laundering Allegations
Background and History CIBanco and Intercam, two prominent financial institutions in Mexico with a history spanning over 40 years, are...
