PYMNTS-MonitorEdge-May-2024

banxico

Nu Lowers Yield on Savings Accounts in Mexico
Nu Lowers Yield on Savings Accounts in Mexico
March 26, 2024  |  Digital Banking

Digital bank Nu Holdings will lower the yield on its high-yield savings accounts in Mexico after the country’s central bank cut its key rate for...

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Banxico Says Mexico’s Financial System Remains Resilient
Banxico Says Mexico’s Financial System Remains Resilient
December 06, 2023  |  Banking

Mexico’s central bank has found that the country’s financial system remains resilient and stable despite the challenges posed by the complex global economic landscape. In...

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