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Banks, Fintechs Adapt as Remittances Soar to Record Levels
By Perla Velasco - Thu, 02/15/2024 - 12:10
Bancoppel joins Banco Azteca and Nu in leveling up its digital services for users that send remittances.
https://mexicobusiness.news/tag/banking
More Finance & Fintech
BanCoppel, Western Union Enable Remittance Transfer Through App
By MBN Staff - Wed, 02/14/2024 - 15:32
BanCoppel and Western Union joined forces to introduce a new digital remittance service for customers in Mexico.
Banorte’s Q4 Sees 13% Surge in Net Profit
By Mariana Allende - Fri, 01/19/2024 - 12:01
Mexican bank Banorte reported a 13% profit rise to MX$13.04 billion (US$768.8 million) in 4Q23.
Speculation on Interest Rates Look at North America’s Banks
By Mariana Allende - Tue, 12/19/2023 - 09:58
North America’s Central banks face year-end scrutiny, as Banxico denies a rate cut, the Fed eyes economic softness,BCE experiences a bleak outlook.
Mexico's Sustainable Finance Panorama: Highlights From 2022
By Eliza Galeana - Tue, 12/12/2023 - 12:19
Mexico experienced a groundbreaking year in sustainable finance, according to the State of the Market Report 2022.
Mexican Inflation Breaks Downward Streak
By Mariana Allende - Tue, 12/05/2023 - 11:00
Mexican inflation increased slightly during November, leading analysts to forecast a cut in interest rates by Banxico.
BBVA to Expand Digital Banking Strategy
By Mariana Allende - Tue, 11/07/2023 - 16:00
BBVA has attracted more than 160,000 new clients in Italy with its digital strategy and plans to expand worldwide.
Kapital Injects US$50 Million in Banco Autofin, Eyes Acquisition
By Mariana Allende - Tue, 09/26/2023 - 09:00
Mexican fintech Kapital invests US$50 million in Banco Autofin to establish itself further as a financial institution.
CEMEX Pursues US$3 Billion Debt Refinancing Deal With Banks
By Mariana Allende - Tue, 09/26/2023 - 09:00
The Mexican cement company is looking to refinance its debt with banks riding the super peso and nearshoring waves.
Nelo, Paymentology Join Forces to Foster Financial Inclusion
By Perla Velasco - Mon, 09/18/2023 - 14:49
Paymentology and Nelo ally to foster financial inclusion by offering credit services to unbanked individuals in Mexico.