finance
finance
US Senate Passes Bill to Regulate Stablecoins: The GENIUS Act Sets Standards for Asset-Backed Cryptocurrencies
Introduction to Stablecoins and the GENIUS Act The United States Senate has approved a bill to regulate “stablecoins,” a type...
finance
Mexican Insurance Sector Ready for Hurricane Season: Amasfac
Introduction to the Mexican Insurance Sector’s Preparation Ricardo Rosado Mañón, President of the National Council of Directors of the Mexican...
finance
Openbank, Santander’s Digital Bank, Reaches 110,000 Customers in Mexico Four Months After Launch
Background and Relevance of Santander and Openbank Santander, one of the world’s largest financial groups, launched Openbank, its digital bank,...
finance
The Fed Begins Two-Day Policy Meeting Amidst Pressure to Lower Interest Rates
Background on the Federal Reserve and Its Current Role The Federal Reserve, often referred to as the Fed, is the...
finance
Mexican Pension Funds Afores Report $175.47 Billion in Gains for May 2025
Background on Afores and Their Role The Administradoras de Fondos para el Retiro (Afores) are Mexican pension funds responsible for...
finance
Afores’ Profits Surge 49% in First Five Months of 2025, Highest Since 2013
Background on Afores and Their Importance Administradoras de Fondos para el Retiro (Afores) are Mexican pension funds that manage workers’...
finance
Bank Branches Remain Stable, ATMs Continue to Rise in Mexico
Digitalization Advances, Yet Physical Infrastructure Remains Crucial Despite the progress in digitalizing financial services, the number of bank branches has...
finance
Sabadell Receives Preliminary Interest Statements for TSB Unit Amid BBVA Takeover Battle
Background on Sabadell and BBVA BBVA, a Spanish lender, launched a hostile takeover bid for Sabadell in May 2024. The...
finance
Sofipo CAME: Resolution in 180 Days; Savers Seek to Avoid Liquidation
Background and Relevance The case of Sociedad Financiera Popular (Sofipo) CAME requires a resolution within a maximum period of 180...
finance
Finco Pay Receives Authorization as Institution of Electronic Payment Funds (IFPE) under Mexico’s Fintech Law
Introduction to Finco Pay and its Significance Finco Pay, a Mexican fintech company, has been granted authorization by the National...