finance
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...
finance
AI Integration Strengthens Compliance Processes in the Financial Sector
Introduction to AI in Compliance Mechanisms As measures to prevent money laundering and any potential links to illicit activities are...
finance
US Treasury Extends Deadline for Mexican Banks Amid Opioid Money Laundering Investigation
Key Players and Reactions FinCEN’s Stance The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has granted a...
finance
HSBC Leaves Global Banking Climate Coalition Amid Waning Net-Zero Ambitions
Background on HSBC and Its Climate Commitments HSBC, a prominent British bank, has recently withdrawn from the global banking climate...
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,...
