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By Perla Velasco - Wed, 04/24/2024 - 15:44
As the fintech revolution gathers momentum, traditional banks find themselves in a fierce competition to adapt to the evolving demands of consumers.
https://mexicobusiness.news/tag/banxico
More Finance & Fintech
By Mariana Allende - Thu, 04/11/2024 - 10:00
The Mexican Chamber of Deputies has banned card commissions, and Mexico’s Central Bank joins the global tokenization efforts of Project Agora.
By Manolo Atala - Tue, 04/09/2024 - 11:30
2024 will be a good year for entrepreneurs who know how to read the signs and keep their eyes on their growth goals, writes Manolo Atala.
By Mariana Allende - Mon, 04/08/2024 - 08:11
Banxico has been chosen as one of seven central banks to take part in Project Agora to seek to tokenize digital currency, making it faster and safer.
By Mariana Allende - Thu, 04/04/2024 - 12:36
The Congress has banned charging commissions for credit and debit card transactions for Mexican businesses.
By Mariana Allende - Tue, 04/02/2024 - 15:22
Remittances reached a new historical peak for February in Mexico, but the growth rate was less pronounced compared to previous years.
By Jaime Márquez - Tue, 04/02/2024 - 13:00
Real-time digital payments like CoDi represent a significant evolution in the global financial landscape, writes Jaime Márquez Poo.
By MBN Staff - Fri, 03/22/2024 - 10:52
Banxico lowered the interest rate by 25 basis points to 11%, marking the first reduction since early 2021.
By MBN Staff - Tue, 03/19/2024 - 13:02
Mexico's Stabilization Fund (FEIP) recorded a balance of MX$40.52 billion in 2023, an annual real contraction of 88.8% compared to 2018.
By Mariana Allende - Thu, 03/14/2024 - 13:46
Credit rating firm Fitch Ratings has revised its growth forecast for Mexico in 2024 from 2.4% to 2.2% due to reduced investment