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Mexico Rejects Visa’s Acquisition of Prosa Over User Risk
By Mariana Allende - Tue, 02/24/2026 - 08:03
Mexico blocks Visa bid for Prosa, warns of harmful effects on users.
https://mexicobusiness.news/tag/cofece
More Finance & Fintech
Banorte Gets CNA Approval to Sell Bineo to Klar
By Mariana Allende - Wed, 12/10/2025 - 15:10
Banorte won CNA clearance to sell Bineo to Klar, after the digital bank’s weak performance hurt third-quarter results.
Mexico Faces Slow Economic Growth Through 2026: Finance Week
By Mariana Allende - Fri, 08/01/2025 - 08:39
IMF and Citi forecast sluggish growth for Mexico through 2026 as authorities contend with rising crypto-related crime alerts.
Mexico Faces Slow Economic Growth Through 2026: Finance Week
By Mariana Allende - Thu, 07/31/2025 - 12:15
IMF and Citi forecast sluggish growth for Mexico through 2026 as authorities contend with rising crypto-related crime alerts
COFECE Probes 21 Banks for Alleged Credit Fee Collusion
By MBN Staff - Tue, 07/29/2025 - 07:40
COFECE probes 21 banks for alleged collusion in fixing fees on deferred credit card payments, per a 649-page document reviewed by Reuters.
BBVA's Sabadell Acquisition in Mexico Approved by CNBV
By MBN Staff - Wed, 02/19/2025 - 12:38
The CNBV approved BBVA's acquisition of Sabadell Mexico, adding to COFECE's 2024 approval and authorizations from European regulators
Mexican Bank Complaints Down 11.7% in 1H24
By Mariana Allende - Wed, 08/28/2024 - 17:01
Mexican banks received MX$21.1 billion in customer complaints in 1H24, an 11.7% decrease from 1H23, per CNBV.
FinTech Mexico Opposes ABM's RedM Project, Plans Counterproposal
By Mariana Allende - Tue, 07/16/2024 - 11:28
FinTech Mexico has announced its intention to counterpropose ABM’s RedM project, stating that it does not align with sector regulations.
Crisis Points Toward Development
By Perla Velasco - Thu, 05/16/2024 - 14:24
Most of the financial sector is optimistic, especially regarding disruptive segments, says Federico Vázquez, managing partner at Hefesto Asesores.
The Week in Finance: Economic Package 2024 is Unveiled
By Mariana Allende - Thu, 09/21/2023 - 10:00
The SHCP unveils its sustainable finance strategies, while some are concerned due to the 2024 Economic Package. This is the week in finance.