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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
Major Banks Capture 70.6% of Sector Earnings in 2023: CNBV
By Mariana Allende - Mon, 02/26/2024 - 15:36
BBVA, Santander, Banorte, Citibanamex, and Scotiabank earned more than 70% of the sectors earning in 2023.
Banca Afirme Partners with AWS to Boost Digital Banking
By MBN Staff - Tue, 02/13/2024 - 11:58
Banca Afirme has partnered with AWS digital infrastructure to boost digital banking in Mexico.
Banorte's Bineo Aims for Hiperpersonalization to Rival Fintechs
By Mariana Allende - Tue, 02/06/2024 - 15:31
Grupo Financiero Banorte has launched a digital bank, Bineo, betting hiperpersonalization of client experience within the app.
BBVA Mobilizes Record €70 Billion in Sustainable Business
By MBN Staff - Fri, 02/02/2024 - 10:27
BBVA has hit a record-high figure of €70 billion in sustainable businesses.
BBVA’s Net Income Surged to MX$149.4 Billion in 2023
By Mariana Allende - Tue, 01/30/2024 - 15:43
BBVA reached €8.02 billion (MX$149.4 billion) in 2023, a 26% surge from the prior year, driven by Mexico and Spain markets amid high interest rates.
Fed to Lower Interest Rates Due to Market Pressure
By MBN Staff - Mon, 01/22/2024 - 09:47
Market “tantrums” are expected to put pressure on the Fed to lower interest rates during the first quarter of the year.
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.
BBVA Secures €1.25 Billion via 10-Year Senior in Debt Offering
By Mariana Allende - Mon, 01/08/2024 - 13:43
The Spanish bank BBVA has issued a €1.25 billion 10-year debt as a plan to finance its 2024 operations.
BMV Simplifies SME Registration: The Week in Finance
By Mariana Allende - Thu, 01/04/2024 - 10:00
The year 2024 witnesses the launch of new digital banking ventures, and a resilient peso, holding steady at MX$17 to the dollar.