PYMNTS-MonitorEdge-May-2024

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.

Walmart Growth Summit Wraps in India, Heads to Mexico, Chile
Walmart Growth Summit Wraps in India, Heads to Mexico, Chile
February 16, 2024  |  Walmart

Walmart concluded its inaugural Walmart Growth Summit in India, an event designed to strengthen its partnerships and support India’s economic growth. The event saw the...

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Nubank Approaches $1 Billion in Revenue Amid Mexican Expansion
Nubank Approaches $1 Billion in Revenue Amid Mexican Expansion
February 06, 2024  |  Digital Banking

Brazilian neobank Nubank is predicting it will someday become Latin America’s largest financial service company. “I think that will happen eventually,” CEO David Vélez told the Financial Times (FT)...

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Amazon Mexico to Offer Kueski’s BNPL Product as Payment Option
Amazon Mexico to Offer Kueski’s BNPL Product as Payment Option
January 29, 2024  |  BNPL

Amazon shoppers in Mexico will be able to choose the buy now, pay later (BNPL) offering Kueski Pay as a payment option. The availability of...

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Santander Mexico to Launch Digital Bank Service This Year
Santander Mexico to Launch Digital Bank Service This Year
January 24, 2024  |  Banking

Santander Mexico, a subsidiary of global banking giant Santander, is preparing to launch its digital bank service. Matias Nunez, the head of digital and innovation...

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Real-Time Payments Put Spotlight on Small Businesses as New Year Begins
Real-Time Payments Put Spotlight on Small Businesses as New Year Begins
January 09, 2024  |  Real-Time Payments

As the new year begins, the global demand for faster, streamlined transactions continues to fuel the expansion of real-time payments worldwide. Countries are employing diverse...

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Visa Acquires Majority Stake in Prosa to Boost Digital Payments in Mexico
Visa Acquires Majority Stake in Prosa to Boost Digital Payments in Mexico
December 17, 2023  |  Digital Payments

Visa is acquiring a majority interest in Mexican payments processor Prosa to expand digital payment adoption in that country. The agreement, announced Friday (Dec. 15), will see Prosa...

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ZilBank Streamlines Opening US Accounts for Mexican Companies
ZilBank Streamlines Opening US Accounts for Mexican Companies
December 07, 2023  |  Cross Border Commerce

B2B banking platform ZilBank has launched a new feature that makes it easier for Mexican businesses, entrepreneurs and freelancers to pay U.S. vendors, affiliates, employees...

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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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ACI and Mexipay Launch Real-Time Payment Partnership
ACI and Mexipay Launch Real-Time Payment Partnership
November 28, 2023  |  Real-Time Payments

ACI Worldwide has teamed with Mexipay to promote real-time payment use in Mexico. The partnership, announced Tuesday (Nov. 28), will see Mexipay use ACI’s payment platform to deploy...

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