mexico

Mexico is a country between the U.S. and Central America that's known for its Pacific and Gulf of Mexico beaches and its diverse landscape of mountains, deserts and jungles. Ancient ruins such as Teotihuacán and the Mayan city of Chichén Itzá are scattered throughout the country, as are Spanish colonial-era towns. In capital Mexico City, upscale shops, renowned museums and gourmet restaurants cater to modern life.

Mexican Remittances Set Surprising US Record
Mexican Remittances Set Surprising US Record
January 10, 2021  |  Global Payments

Mexicans and Mexican-Americans working in the U.S. sent a record sum of money to the southern country despite the staggering blows the U.S. economy took...

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Mexican Regulator Says Credit, Debit Processing Too Highly Concentrated
Mexican Regulator Says Credit, Debit Processing Too Highly Concentrated
December 16, 2020  |  ANTITRUST

According to Mexican regulators, the two companies in charge of the country’s credit and debit settlements represent “a near monopoly,” and big businesses need to...

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Mexican Regulator Gives Go-Ahead For Uber’s Cornershop Acquisition 
Mexican Regulator Gives Go-Ahead For Uber’s Cornershop Acquisition 
December 14, 2020  |  Acquiring

Mexico’s antitrust regulator Cofece has approved the acquisition of grocery delivery platform Cornershop by Uber Technologies, Bloomberg reported on Monday (Dec. 14). Get the Full...

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Bitcoin Daily: Latin American Gangs Use Crypto In Money Laundering, Report Says; Data Shows 13 Pct Of Illegal Crypto Went Through Privacy Wallets In 2020
Bitcoin Daily: Latin American Gangs Use Crypto In Money Laundering, Report Says; Data Shows 13...
December 09, 2020  |  Bitcoin

Gangs in Latin America are increasingly turning to cryptocurrency to operate illegal trades of drugs, guns, sex and people, Reuters reported. Get the Full Story...

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Walmart Mexico Eyes App Enhancement To Keep Money Transfers In-House
Walmart Mexico Eyes App Enhancement To Keep Money Transfers In-House
December 08, 2020  |  Retail

At a time when the pandemic has seen a massive shift toward digital commerce, the Mexican arm of Walmart – the world’s largest retailer –...

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i2C Hires Ex-Citibanamex Exec To Push Growth In Mexico
i2C Hires Ex-Citibanamex Exec To Push Growth In Mexico
October 28, 2020  |  Personnel

Digital payment and banking provider i2c has tapped ex-Citibanamex payment executive Miguel Olvera as its new regional director of business development in Mexico, according to...

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FreshBooks Buys Mexico-Based Digital Invoicing Firm Facturama
FreshBooks Buys Mexico-Based Digital Invoicing Firm Facturama
September 23, 2020  |  B2B Payments

As it continues to grow its global footprint, FreshBooks said it has purchased Mexico-based eInvoicing firm Facturama. The latter company assists small businesses, self-employed individuals...

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Why Mexico’s SMBs Need A FinTech Operating System And Not Another Bank
Why Mexico’s SMBs Need A FinTech Operating System And Not Another Bank
September 15, 2020  |  Digital-First Banking

Emerging markets have their own challenges when it comes to banking, where big, traditional financial institutions (FIs) are anything but efficient. Get the Full Story...

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Mexico Receives $3.53B In Remittances In July, Third Highest On Record
Mexico Receives $3.53B In Remittances In July, Third Highest On Record
September 01, 2020  |  Cross-border Payments

Mexico obtained $3.53 billion in remittances in July to reach the third-highest point recorded, marking a rise of over 7 percent from $3.29 billion in...

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