finance
finance
Nubank Receives Authorization to Operate as a Bank in Mexico
Introduction of Nubank and its Relevance Nubank, a digital banking platform originating from Brazil, is set to expand its operations...
finance
Mexico’s Current Account Deficit Moderates in Q1 Due to Slow Growth
Background on Mexico’s Current Account Deficit Mexico’s current account registered a deficit of $7,613 million during the first quarter of...
finance
ISSSTE Pension Peak to Surpass 2 Million Retirees After 2050
Understanding the ISSSTE Pension System The Instituto de Seguridad y Servicios Sociales de los Trabajadores del Estado (ISSSTE) manages pension...
finance
Impact of Potential US Remittance Tax Softened by Dollar and Economic Activity
Experts Weigh In on the Potential Remittance Tax According to Joan Domene, senior economist at Oxford Economics, the impact on...
finance
86.7% of Mexican Companies Did Not Utilize New Bank Loans in Q1 2025: Banxico
Background and Relevance Banxico, Mexico’s central bank, recently released data from its survey on the evolution of business financing for...
finance
Seven out of Ten Fail Anti-Money Laundering Certification by CNBV: Examinations to Strengthen Focus on Terrorism Financing
Introduction and Background A decade after its implementation, the anti-money laundering (AML) certification by Mexico’s National Banking and Securities Commission...
finance
The People’s Chamber Aims to Lower Remittance Costs in Rural Communities
Introduction to the People’s Chamber and its Objectives The People’s Chamber, which is advancing in its authorization process with the...
finance
Argentina Eases Regulations on Undeclared Dollars to Attract Hidden Currency
Background and Context Argentina’s government announced a plan on Thursday to relax regulations that would allow citizens to use their...
finance
US House Approves 3.5% Tax on Remittances; Senate Has Until September 30 to Confirm
Background and Key Players The US House of Representatives has approved the implementation of a 3.5% tax on remittances sent...
finance
Trump Mulls Privatizing Fannie Mae and Freddie Mac: Implications for US Housing Market
Background on Fannie Mae and Freddie Mac Fannie Mae and Freddie Mac are two prominent mortgage giants in the United...
