CHIPS Act and the Tech Supporting Economic Stability and Growth

Mexico will play a central role in US’ ambitions to establish the formation of a robust domestic semiconductor chips industry with the congressional approval of the CHIPS Act. Meanwhile, industry leaders in fintech consider the impact of rising interest rates and their role in helping the population get ahead of an expected recession. In the logitech industry, experts consider the necessary inclusion of seniors in e-commerce, return logistics and last-mile deliveries as mechanisms that will boost greater growth. 

This week in Tech news and developments:

Mexico 

US CHIPS Act Benefits Intel, Western Hemisphere and Mexico

The Director of Channels and Alliances of Intel Mexico, Diego Garza, said that the US CHIPS Law will benefit Intel's operations, the semiconductor ecosystem in the Americas and, collaterally, will bring more investments and encourage the development of talent, according to DPL News.

FinTech 

How Does the Bank of Mexico’s Interest Rate Impact Us?

Inflation is causing difficulties in the Mexican economy, having increased in June to the 7.99 percent mark, up 0.84 percent compared to the previous month. This moment is an opportunity for fintech companies in the region to help the population get ahead of this bleak economic outlook, says expert contributor Chito Padilla, CEO and Co-Founder, Fintonic. 

RPA’s Impact on Mexico’s Financial Markets

Mexico is a crucial player in the global economy and its financial markets are of vital importance. Robotic process automation (RPA) has the potential to impact Mexico's financial sector. Experts are optimistic about how this will play out in the future, says expert contributor Cesar Cotait, CEO, CPQi Latin America. 

LogiTech

Seniors Inclusion in E-Commerce Essential for the Economy

With the number of seniors growing worldwide, the e-commerce ecosystem must boost their financial inclusion by developing friendlier platforms and providing technological support. Otherwise, e-businesses will increasingly miss commercial opportunities.

Growing Sales, Cutting Costs Through Smart Last-Mile Deliveries

The logistics industry has operated the same way for 10-20 years but the number of deliveries has increased dramatically. People do not want to wait for days to get their products. Machine learning and algorithm learning are crucial to cutting costs associated with last-mile deliveries and increase sales, DispatchTrack Founder and CEO tells MBN.