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Citibanamex Reduces Fraud Attempts: The Week in Finance
By Mariana Allende - Thu, 03/07/2024 - 10:00
Citibanamex has reduced its fraud attempts by 70% through the integration of artificial intelligence.
https://mexicobusiness.news/tag/commercial-banking
More Finance & Fintech
Three Digital Banks to Start Operations in 2024
By Mariana Allende - Wed, 01/03/2024 - 07:51
The National Banking and Securities Commission (CNBV) has authorized operations for three digital banks starting 2024.
Scotiabank to Strengthen Latin American Investments
By Mariana Allende - Thu, 12/14/2023 - 08:00
Scotiabank is poised to unveil a fresh initiative this month to mitigate the risk associated with Latin America.
Banxico Hints at Interest Rate Cut in 2024
By Mariana Allende - Wed, 11/15/2023 - 10:30
Banxico’s board decided to maintain the 11.25% interest rate as economic and geopolitical challenges remain.
Citi Injects US$466 Into Mercado Pago in Mexico, Brazil
By Mariana Allende - Tue, 11/14/2023 - 13:40
Mercado Pago secured US$466 million from Citi to provide loans to SMEs in Mexico and Brazil.
ABM Offers Help to 300,000 Clients Hit by Hurricane Otis
By Mariana Allende - Wed, 11/08/2023 - 07:57
The Mexican Bank Association (ABM) proposes a credit tax break to help those affected by Hurricane Otis
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.
Amex Reports Record 3Q23 Results Fueled by Millennials, Gen Z
By Mariana Allende - Mon, 10/23/2023 - 12:02
American Express reported record revenue for the sixth consecutive quarter with US$2.5 billion.
What do SMEs Need to Take Advantage of Nearshoring?
By Perla Velasco - Fri, 09/08/2023 - 08:49
As nearshoring gains prominence, digitization in finance becomes increasingly relevant in Mexico. Where does Mexico stand on this matter?
Empowering Mexican SMEs: Innovation in Credit Access, Financing
By Perla Velasco - Fri, 08/25/2023 - 16:42
Retailers and digital marketplaces are stepping up to cater to SMEs’ financing needs.