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By Duncan Randall - Mon, 09/28/2026 - 11:55
Banxico's CoDi reaches 23.2 million accounts, falling 13.8 million short of its 37 million target due to navigation friction and market competition.
https://mexicobusiness.news/tag/codi
More Finance & Fintech
By Daniel Guzman Salinas - Thu, 12/11/2025 - 07:00
SPEI 2.0 is a structural transformation designed to address the bottlenecks limiting the reach and impact of digital payments, writes Daniel Guzman.
By Mariana Allende - Thu, 12/04/2025 - 12:50
CNBV, Banxico plan new interchange-fee caps—0.3% for debit and 0.6% for credit, prompting industry warnings about impacts on inclusion and innovation
By MBN Staff - Thu, 11/27/2025 - 13:59
Banco del Bienestar will enable SPEI transfers and digital payments via DiMo and CoDi in early 2026 for millions of beneficiaries.
By Mariana Allende - Thu, 10/30/2025 - 09:27
True financial inclusion has to include technology as a motor and education as a driver, says Euronet’s Lina López.
By MBN Staff - Tue, 08/26/2025 - 11:30
President Claudia Sheinbaum outlines Banxico’s new path, aiming for digital modernization, stability, wider credit, and stronger domestic demand.
By Diego Valverde - Thu, 08/07/2025 - 14:30
Do Payment launches in Mexico with its PayIn/PayOut tech, aiming to process over US$15 million in 2025 amid booming digital payments growth.
By Daniel Guzman Salinas - Mon, 07/21/2025 - 08:00
Modernizing payments means building a more agile, fair, and connected Mexico. Daniel Guzman explains.
By Jaime Márquez Poo - Fri, 07/11/2025 - 08:00
Mexican SMEs are quietly digitizing, using mobile phones for sales and digital payments, and driving economic growth, writes Jaime Márquez Poo.
By MBN Staff - Tue, 05/27/2025 - 16:29
Banxico upgrades SPEI with cybersecurity and operational enhancements to address risks from advancing computing power.
By Mariana Allende - Wed, 05/21/2025 - 07:41
Credit cards lead online payments in Mexico, but digital wallets are rapidly closing the gap.
