finance
finance
Banxico Cuts Interest Rate by 50 Basis Points, Anticipates Further Adjustments
Background on Banxico and Its Role The Bank of Mexico, or Banxico, is the central bank of Mexico responsible for...
finance
Mexican Afores Suffer Losses of 31.674 Billion Pesos in April Due to Trump Tariffs
Background on Afores and Their Role Administrators of Retirement Savings Funds, known as Afores in Mexico, are responsible for managing...
finance
Services Sector to Be the Largest Contributor to Mexico’s Economy by 2025, According to BBVA Report
BBVA Mexico’s Economic Outlook Highlights Service Sector Resilience The report, crafted by the economic studies department of BBVA Mexico, indicates...
finance
Claudia Sheinbaum Calls Republican Proposal to Tax Remittances “Unacceptable”
Background on Claudia Sheinbaum Claudia Sheinbaum Pardo is the current Head of Government (equivalent to Mayor) of Mexico City, serving...
finance
Florida Explores Stricter Remittance Guidelines: A Selective Tax on Remittances Could Redirect Flows Through Intermediaries and Generate Small, Hard-to-Administer Revenue
Introduction The state of Florida in the United States is also considering imposing a tax on remittances, which would make...
finance
Koin Invests $5 Million to Strengthen Anti-Fraud Strategy in E-commerce
About Koin Koin is a financial technology company specializing in anti-fraud solutions and payment processing for e-commerce. With a focus...
finance
Klar to Enter Small and Medium Enterprise (SME) Segment: A New Era for Mexican Businesses
Background on Klar and its Founder, Stefan Möller Klar, a technology-driven financial entity currently operating under the Sociedad Financiera Popular...
finance
Fintech México Opposes US Proposal for 5% Tax on Remittances
Background and Relevance of the Person Mentioned Fintech México, a prominent association representing fintech companies in Mexico, has voiced strong...
finance
Condusef Proposes Universal Insurance Format and “Good End” Discounts
Introduction to the Proposal by Condusef President, Oscar Rosado Jiménez Oscar Rosado Jiménez, the president of Mexico’s National Commission for...
finance
Vantage: A Multiregional Financial Services Brand Gaining Global Recognition
Introduction to Vantage and its Impact on the Financial Industry In an increasingly competitive and demanding market, Vantage has established...
