finance
finance
Potential $12 Increase in Remittance Fees if US Tax Passes: Experts Warn of Risks
Background on the Issue As a proposed 3.5% tax on remittances continues to advance in the US Congress, Mexican origin...
finance
Banxico Strengthens SPEI Cybersecurity with New Measures
Introduction to Banxico and SPEI The Bank of Mexico (Banxico) has recently implemented several actions to bolster the cybersecurity of...
finance
Mexican Government Calls for Sofipo CAME Directors and Shareholders to Discuss Financial Institution’s Future
Background on Sofipo CAME and Key Individuals Sofipo CAME, or the Popular Financial Society CAME, is a Mexican financial institution...
finance
Banorte Focuses AI Strategy on Customer Personalization, Client Acquisition, and Fraud Prevention
Introduction to Banorte’s AI Strategy Banorte, one of Mexico’s largest financial institutions, has centered its Artificial Intelligence (AI) strategy on...
finance
Financial Inclusion: A Priority for Mexico’s Development, Says Victoria Rodríguez Ceja
Introduction to Financial Inclusion and its Importance Victoria Rodríguez Ceja, Governor of Mexico’s central bank (Banxico), emphasized the critical role...
finance
Digital Transformation of Investment Funds Crucial for Financial Inclusion: Mexico’s SHCP
Introduction to the Digital Transformation Initiative by Mexico’s SHCP The Secretaría de Hacienda y Crédito Público (SHCP) emphasizes the importance...
finance
Euro as a Viable Alternative to the Dollar: Christine Lagarde’s Proposal
Introduction to the Euro and its Current Standing Christine Lagarde, President of the European Central Bank (ECB), recently suggested that...
finance
Tala Achieves 80% Growth in Q1 2025 Despite Adverse Economic Conditions
Background on Tala and its Relevance Tala, a Kenyan-origin financial services platform, has reported an impressive 80% growth in the...
finance
Cash Usage Persists Despite Digital Payment Promotion in Mexico
Background on the Subject Despite concerted efforts by public and private entities to promote electronic payments in Mexico, a significant...
finance
Understanding the Impact of Proposed US Remittance Taxes on Mexico
Background and Relevance of the Migrant Population The US House of Representatives, controlled by Republicans, passed a 3.5% tax on...