Mexico Banking Industry Newswire

Remittances to Mexico post largest drop in over a decade as peso weakens

MEXICO CITY, (Reuters) – Remittances sent to Mexico recorded their largest annual drop in eleven years in September, down 4.6% from the same month in 2023, according to data released yesterday by Mexico’s central bank. The official data, measured in …

Mexico: Incorporation of the Secretary of Anti-corruption and Good Governance, replacing the Secretary of Public ...

In brief On 17 October 2024, president Claudia Sheinbaum and the head of the Secretary of Public Administration announced a new model for preventing and combating corruption with the transformation of the Secretary of Public Administration into the …

Options markets brace for US election Forex risk with volatility spike

Options markets indicated a sharp increase in implied volatility, particularly as the tenor of the options included the upcoming U.S. election. Currencies such as the Euro (EUR), Australian Dollar (AUD), New Zealand Dollar (NZD), Mexican Peso (MXN), and …

These analysts say Trump's tariffs could be "economically damaging"

Investing.com -- Republican presidential candidate Donald Trump's tariff proposals have the potential to be economically "damaging" unless they are offset by sufficiently large fiscal measures, according to analysts at BCA Research. Trump has …

BIS to leave China-backed central bank digital currency project

THE Bank for International Settlements (BIS) said on Thursday (Oct 31) it would quit the cross-border payments platform Project mBridge, raising questions about how the scheme backed by China will evolve at a time of growing geopolitical scrutiny of global …

Strong showing in Mexico, Spain boosts BBVA profits

Spanish banking giant BBVA on Thursday said its third-quarter profits jumped primarily through strong performances in Mexico and Spain, while expressing confidence over its stalled takeover bid for a rival. Spain’s second-largest bank posted 2.63 billion …

This year's World Food Prize underscores the value of seed banks and their stewards

Two scientists instrumental in the development of an international seed bank in Norway won this year’s World Food Prize in Des Moines, Iowa. The Svalbard Global Seed Vault opened in 2008 with the help of Geoffrey Hawtin and Cary Fowler. Carved into a …

‘You can’t even wash your hands’: is a global industrial hub responsible for the destruction of Mexico’s Atoyac River?

On the outskirts of Puebla in central Mexico sits an area on the Atoyac River known as Nueva Alemania, or “New Germany”. Between two factories, under-construction houses pepper streets with names such as Frankfurt, Hamburg, Kiel, Hanover and Berlin. New …

Cloud Banking Platform Mambu Inks Partnership with Kuady

Cloud banking platform Mambu has teamed up with payments service processor Kuady. Mambu is powering Kuady’s digital wallet offering, which has just launched in Peru, Chile, Argentina, and Mexico. Headquartered in Berlin, Germany, Mambu made its Finovate …

Fed and Peers Will Go Ahead With Rate Cuts After This Week’s US Election

(Bloomberg) -- The Federal Reserve and many rich-world peers are widely expected to lower interest rates again in the coming week, right after a US presidential election that may not be decided yet.Central banks responsible for more than a third of the …

Latam FX and stocks dwindle, Mexican peso hits two-year low

* Mexican economy grows more than expected in Q3 * Brazilian ministers pledge to strengthen fiscal framework * Brazil's WEG slides after Q3 net profit disappoints * South Africa forecasts wider deficits, higher debt * MSCI Latam stocks index down 1%, …

US elections and tariff implications on transport stocks

Investing.com -- In a note published Tuesday, Bank of America analysts discussed how the outcome of the upcoming US presidential election could affect the transport sector, particularly in the context of tariff policies on goods traded with China and other …

Miami ‘Condo King’ Expands to Mexico City With 43-Story Tower

Digital-led Consumer Banking Market to Witness Stunning Growth with Chime, Revolut, Monzo, N26

Stay up to date with Digital-led Consumer Banking Market research offered by HTF MI. Check how key trends and emerging drivers are shaping this industry growth. PUNE, MAHARASHTRA, INDIA, October 30, 2024 /⁨EINPresswire.com⁩/ -- HTF MI recently …

A Industrial Gate, a plataforma industrial da TC Latin America Partners, forma joint-venture de 450 milhões de dólares ...

NOVA IORQUE e CIDADE DO MÉXICO, Oct. 30, 2024 (GLOBE NEWSWIRE) -- A Industrial Gate (“IG”), a plataforma de investimento e desenvolvimento industrial integrada verticalmente formada pela TC Latin America Partners (“TC”), fechou um acordo de joint-venture …

Latin American banks unite against the growing wave of mortgage fraud

Q24N (EFE) Executives from Scotiabank, HSBC and Citibanamex, among other financial institutions, met at the 11th National Convention of SOC Financial Advisors in the Riviera Maya, Quintana Roo, Mexico, to address the growing problem of mortgage fraud in …

Mexican peso in for a rough ride over US election

MEXICO CITY, - Mexico's peso currency is trading within a narrow range ahead of the U.S. election as traders position themselves for a possible victory for former President Donald Trump, although analysts say the market continues to hedge its bets over …

After nearly 20 years of planning, New Mexico powerline set to electrify the West with wind power

The SunZia wind farm and transmission line has been dubbed the largest renewable infrastructure project in American history. But when you’re standing at the base of a wind turbine, “large” seems like an understatement. “It’s a long ways to the top,” says …

Significance of the World Bank/IMF Annual Meetings for Mexico's Environmental Agenda

The World Bank (WB) and International Monetary Fund (IMF) Annual Meetings bring together central bankers, ministers of finance and development, private sector executives, civil society, media, and academics to discuss issues of global concern, such as …

Sabeer Nelli Invites Businesses to Try an Affordable Check Mailing Service, Starting at $1.25 for First Class Mail

TYLER, TX, UNITED STATES, November 2, 2024 /⁨EINPresswire.com⁩/ -- Sabeer Nelli, CEO and founder of OnlineCheckWriter.com - powered by Zil Money, invites businesses to explore an affordable check mailing service, starting at just $1.25 for First- …

SPZI: JP3E Issues PR Clarification

NEW YORK, Nov. 02, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc. (“JP3E”), formerly known as Spooz, Inc. (OTC: SPZI), is clarifying the press release issued on October 31, 2024. JP3E has no interest in the transaction with Öztürk Holding, LLC. JP3E is …

Titan Fund Management Services Expands Investment Offerings to Meet Growing Demand for Tailored Wealth Solutions

MELBOURNE, Australia, Nov. 02, 2024 (GLOBE NEWSWIRE) -- Titan Fund Management Services, a respected financial services provider in the global market, is excited to announce the expansion of its service portfolio to meet the evolving needs of individual, …

Atlas Funded Announces Grand Launch: Redefining Prop Trading with Premium Tools and Capital Opportunities

Atlas Funded launches to shake up prop trading with huge capital, top tools, and up to 95% profit splits. Join now—opportunities like this don’t wait! LONDON, LONDON, UNITED KINGDOM, November 2, 2024 /⁨EINPresswire.com⁩/ -- Atlas Funded, a …

Chris Cooper interviews Barnaby Wynter on VoiceAmerica

PHOENIX, AZ, UNITED STATES, November 1, 2024 /⁨EINPresswire.com⁩/ -- VoiceAmerica, the leader in online media broadcasting and the largest producer and distributor of live internet talk radio, proudly announced today the upcoming radio program and …

Crypto Consulting Institute's Quantum Profits: The New Standard in Crypto Education

Transformative Growth and Unmatched Mentorship Drive Success in Crypto Consulting Institute's Quantum Profits Program SYDNEY, AUSTRALIA, November 2, 2024 /⁨EINPresswire.com⁩/ -- The world of crypto investing can feel both exhilarating and …

Açaí at COP16: Colombian Governors Celebrate Partnership for Environmentally Friendly Cultivation

Memorandums of understanding have been signed between three governors and the Colombian-Brazilian company Kaapuri Açaí. BOGOTA, DC, COLOMBIA, November 1, 2024 /⁨EINPresswire.com⁩/ -- The development of the Açaí production chain as an alternative …

Houston Managed Service Provider AVATAR Managed Services Celebrates Excellence in IT Management

IT Managed Services Providers recognized for unwavering dedication and exceptional performance to set them apart in their industry HOUSTON, TX, UNITED STATES, November 1, 2024 /⁨EINPresswire.com⁩/ -- AVATAR Managed Services announced on November …

Women’s Entrepreneurship Day Organization Appoints Pamela Finn WEDO2024 Global Ambassador

NEW YORK, NY, UNITED STATES, November 1, 2024 /⁨EINPresswire.com⁩/ -- Women’s Entrepreneurship Day Organization (WEDO) is honored to announce the appointment of Pamela Finn as the #WEDO2024 Global Ambassador representing the state of Nebraska. Finn …

CITY YEAR SAN JOSE/SILICON VALLEY CELEBRATES 30 YEARS OF IMPACT WITH GALA HONORING CONTRIBUTIONS OF EARLIEST PARTNERS

Notable Honorees John & Tashia Morgridge to Receive Legacy Champion Award SANTA CLARA, CA, UNITED STATES, November 1, 2024 /⁨EINPresswire.com⁩/ -- City Year San José/Silicon Valley (SJSV), a trailblazing, youth-powered nonprofit that …

Proviso Township Residential Values increased by 0.1%, while Commercial Values had a higher value increase by 4.3%

O'Connor's findings indicate that residential values in Proviso Township rose by 0.1%, while commercial values experienced a more significant increase of 4.3%. CHICAGO, IL, UNITED STATES, November 1, 2024 /⁨EINPresswire.com⁩/ -- …

Bitcoin Mining Meets Home Heating: D-Central’s Space Heaters Transform Winter Warmth and Income Generation

D-Central’s Bitcoin space heaters turn winter warmth into opportunity, combining home heating with crypto mining for a sustainable and profitable solution. MONTREAL, QC, CANADA, November 1, 2024 /⁨EINPresswire.com⁩/ -- As the temperature drops, …

Unisense Launches Blueprint: Transforming Online Furniture and Home Décor Shopping

MILPITAS, CA, UNITED STATES, November 1, 2024 /⁨EINPresswire.com⁩/ -- Unisense, a leader in data analytics and AI-driven innovation, is excited to introduce its patent-pending Blueprint, a groundbreaking approach that redefines consumer experiences …

AppZen Announces Strategic Partnership with JAGGAER to Transform Accounts Payable Operations

AI Finance Automation Leader Teams Up with Global Autonomous Commerce Pioneer SAN JOSE, CA, UNITED STATES, November 1, 2024 /⁨EINPresswire.com⁩/ -- AppZen, a leader in AI Finance Automation, today announced a strategic partnership with JAGGAER, a …

New sales, Distribution Division and Film Financing Fund

Independent film company ALL IN FILMS in association with CAPRICORN MOVIE STUDIOS, is launching a new sales and distribution division and FILM FINANCING FUND. LOS ANGELES, CA, UNITED STATES, November 1, 2024 /⁨EINPresswire.com⁩/ -- Boutique …

Leading Plaintiffs Firm Announces Filing of a Class Action Suit in Colorado on Behalf of those who acquired Paragon 28

If you purchased the Paragon 28 common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs CHARLESTON, SC, UNITED STATES, November 1, 2024 /⁨EINPresswire.com⁩/ -- Poulin | Willey | …

NoMa BID President Maura Brophy Appointed as New Chair of the DC BID Council

WASHINGTON, DC, UNITED STATES, November 1, 2024 /⁨EINPresswire.com⁩/ -- The DC BID Council, an association representing Washington, DC’s 12 business improvement districts (BIDs), is pleased to announce the appointment of Maura Brophy as its new …

DocMagic’s Director of Product Development Wins HousingWire’s Tech Trendsetters Award

TORRANCE, CA, UNITED STATES, November 1, 2024 /⁨EINPresswire.com⁩/ -- DocMagic, Inc., the premier provider of fully-compliant loan document generation, regulatory compliance, and comprehensive eMortgage services, announced that its Director of …

MyGuava and Crystal Palace Launch Exciting Fan Payment Cards and Rewards

LONDON, UNITED KINGDOM, November 1, 2024 /⁨EINPresswire.com⁩/ -- MyGuava and Crystal Palace Launch Exciting Fan Payment Cards and Rewards • Palace fans can now download the MyGuava App and order a custom- designed Crystal Palace Card. • …

Poulin | Willey | Anastopoulo Notifies Investors of Acadia Healthcare Company, Inc. Pending Class Action Lawsuit

If you purchased Acadia securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs. CHARLESTON, SC, UNITED STATES, November 1, 2024 /⁨EINPresswire.com⁩/ -- Poulin | Willey | …