finance

Chilean Fintech Fintoc Receives Authorization as IFPE in Mexico, Pending Publication in DOF

Chilean Fintech Fintoc Receives Authorization as IFPE in Mexico, Pending Publication in DOF

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August 19, 2025

About Fintoc and its Relevance Fintoc, a Chilean financial technology company specializing in payment solutions for businesses in Chile and...

Multiva Secures Agreement to Take Over CIBanco’s Fiduciary Business

Multiva Secures Agreement to Take Over CIBanco’s Fiduciary Business

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August 19, 2025

Background on Key Players and Context Grupo Multiva, a member of the Vazol Group, has announced that it has reached...

Incode Acquires AuthenticID to Strengthen Digital Identity Verification Amid AI and Deepfake Threats

Incode Acquires AuthenticID to Strengthen Digital Identity Verification Amid AI and Deepfake Threats

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August 19, 2025

About Incode and AuthenticID Incode, a Latin American digital identity unicorn known for its AI-based identity and trust solutions, announced...

Country Garden Secures Support from Core Creditor Group in $14.1 Billion Restructuring Plan

Country Garden Secures Support from Core Creditor Group in $14.1 Billion Restructuring Plan

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August 19, 2025

Background on Country Garden Country Garden, a prominent Chinese real estate developer, has recently reported that it reached an agreement...

Managed Savings by AFORES Grew 75% in the Last Five Years Due to 2020 Reforms

Managed Savings by AFORES Grew 75% in the Last Five Years Due to 2020 Reforms

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August 18, 2025

Introduction and Background Managed savings by AFORES (Mexican Occupational Pension Funds) have witnessed a remarkable 75% growth since 2020, largely...

Seguros y Pensiones: The Second Most Profitable Segment for Mexican Financial Groups

Seguros y Pensiones: The Second Most Profitable Segment for Mexican Financial Groups

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August 18, 2025

Overview of Financial Group Performance in Mexico In Mexico, the banking business is the primary source of profits for financial...

Banks and Fintechs Face the Challenge of Modernizing Infrastructure: Cloud Becomes a Critical Enabler for These Trends in the Sector

Banks and Fintechs Face the Challenge of Modernizing Infrastructure: Cloud Becomes a Critical Enabler for These Trends in the Sector

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August 18, 2025

The Financial Sector’s Transformation for Modernization Amidst Trends The financial sector, ranging from traditional banks to fintechs, is undergoing a...

New Director General for Nafin and Bancomext: Roberto Lazzeri Montaño Takes Charge

New Director General for Nafin and Bancomext: Roberto Lazzeri Montaño Takes Charge

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August 18, 2025

Introduction to Roberto Lazzeri Montaño and His New Role Roberto Lazzeri Montaño has been appointed as the new director general...

Credit Card Usage Continues to Rise in Mexico’s First Half of 2025, BBVA Leads Growth

Credit Card Usage Continues to Rise in Mexico’s First Half of 2025, BBVA Leads Growth

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August 17, 2025

Overview of Credit Card Trends in Mexico’s Banking Sector The number of credit cards issued by banks in Mexico continued...

Chainalysis Warns of Risks in Stablecoin Regulation

Chainalysis Warns of Risks in Stablecoin Regulation

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August 17, 2025

Introduction to Stablecoins and Their Growing Regulatory Landscape The rise of stablecoins, cryptocurrencies backed mainly by fiat currencies like the...

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