finance

Potential $12 Increase in Remittance Fees if US Tax Passes: Experts Warn of Risks

Potential $12 Increase in Remittance Fees if US Tax Passes: Experts Warn of Risks

Web Editor
May 26, 2025

Background on the Issue As a proposed 3.5% tax on remittances continues to advance in the US Congress, Mexican origin...

Banxico Strengthens SPEI Cybersecurity with New Measures

Banxico Strengthens SPEI Cybersecurity with New Measures

Web Editor
May 26, 2025

Introduction to Banxico and SPEI The Bank of Mexico (Banxico) has recently implemented several actions to bolster the cybersecurity of...

Mexican Government Calls for Sofipo CAME Directors and Shareholders to Discuss Financial Institution’s Future

Mexican Government Calls for Sofipo CAME Directors and Shareholders to Discuss Financial Institution’s Future

Web Editor
May 26, 2025

Background on Sofipo CAME and Key Individuals Sofipo CAME, or the Popular Financial Society CAME, is a Mexican financial institution...

Banorte Focuses AI Strategy on Customer Personalization, Client Acquisition, and Fraud Prevention

Banorte Focuses AI Strategy on Customer Personalization, Client Acquisition, and Fraud Prevention

Web Editor
May 26, 2025

Introduction to Banorte’s AI Strategy Banorte, one of Mexico’s largest financial institutions, has centered its Artificial Intelligence (AI) strategy on...

Financial Inclusion: A Priority for Mexico’s Development, Says Victoria Rodríguez Ceja

Financial Inclusion: A Priority for Mexico’s Development, Says Victoria Rodríguez Ceja

Web Editor
May 26, 2025

Introduction to Financial Inclusion and its Importance Victoria Rodríguez Ceja, Governor of Mexico’s central bank (Banxico), emphasized the critical role...

Digital Transformation of Investment Funds Crucial for Financial Inclusion: Mexico’s SHCP

Digital Transformation of Investment Funds Crucial for Financial Inclusion: Mexico’s SHCP

Web Editor
May 26, 2025

Introduction to the Digital Transformation Initiative by Mexico’s SHCP The Secretaría de Hacienda y Crédito Público (SHCP) emphasizes the importance...

Euro as a Viable Alternative to the Dollar: Christine Lagarde’s Proposal

Euro as a Viable Alternative to the Dollar: Christine Lagarde’s Proposal

Web Editor
May 26, 2025

Introduction to the Euro and its Current Standing Christine Lagarde, President of the European Central Bank (ECB), recently suggested that...

Tala Achieves 80% Growth in Q1 2025 Despite Adverse Economic Conditions

Tala Achieves 80% Growth in Q1 2025 Despite Adverse Economic Conditions

Web Editor
May 25, 2025

Background on Tala and its Relevance Tala, a Kenyan-origin financial services platform, has reported an impressive 80% growth in the...

Cash Usage Persists Despite Digital Payment Promotion in Mexico

Cash Usage Persists Despite Digital Payment Promotion in Mexico

Web Editor
May 25, 2025

Background on the Subject Despite concerted efforts by public and private entities to promote electronic payments in Mexico, a significant...

Understanding the Impact of Proposed US Remittance Taxes on Mexico

Understanding the Impact of Proposed US Remittance Taxes on Mexico

Web Editor
May 24, 2025

Background and Relevance of the Migrant Population The US House of Representatives, controlled by Republicans, passed a 3.5% tax on...

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