finance
finance
Limited Access to Formal Credit: ENAFIN 2024 Report Highlights Challenges for Mexican Businesses
Introduction The issue of limited access to formal credit for Mexican businesses, particularly small ones, has been a national concern...
finance
BBVA’s Takeover of Sabadell Faces Uncertain Future as Spanish President Decides on OPA Conditions
Background and Key Players The Spanish President, Pedro Sánchez, now holds the power to determine the future of BBVA’s takeover...
finance
Nearly 90 Cents of Every Dollar in Mexican Remittances Goes to Consumption, Says UNAM Economist
Understanding the Impact of Remittances on Mexican Households According to Eduardo Loria, the coordinator of the Center for Modeling and...
finance
Belvo Focuses on Alternative Data in Mexico Amid Open Finance Stagnation
Introduction to Belvo and its Mexican Operations Belvo, a fintech specializing in open finance, has maintained its commitment to Mexico...
finance
UK Banks Face Record-Breaking Fraud Epidemic in 2024
Background on the Situation The UK financial sector reported a record-breaking 3.31 million fraud cases in 2024, marking a 12%...
finance
Cautious Stance on Interest Rate Reduction Urged by BX+ Economist Amidst Trade Uncertainty and Rising Inflation
Background on Key Figures and Institutions The article discusses a statement made by Alejandro Saldaña, the Chief Economist of BX+,...
finance
BBVA Announces Historic $1 Billion Investment in Mexico Over Next Six Years
BBVA Commits to Long-term Growth in Mexico BBVA has announced a historic investment of over $1 billion (approximately 4,570 million...
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...
