Mexico Financial News
31.05 / 12:37
Target
MET
CEO
‘Criteria too vague’: Critics hit out at top bosses earning bonuses for hitting ESG targets
Brian Niccol earned $17.2 million as CEO of Chipotle Mexican Grill last year, but some of his pay had nothing to do with burrito sales.
24.05 / 17:19
24.05 / 13:19
09.05 / 23:29
CEO
Strategy
BTG
Revolut goes live in Brazil
Revolut's global account will offer locals foreign exchange and remittance capabilities in 27 currencies, in addition to having a card that is accepted in more than 150 countries. Nik Storonsky, co-founder and CEO, says: “Our mission is to unlock a borderless economy with financial products that are accessible and easy to use and that allow our customers to use their money efficiently.
02.05 / 08:47
CEO
Strategy
BTG
Revolut goes live in Brazil
Revolut's global account will offer locals foreign exchange and remittance capabilities in 27 currencies, in addition to having a card that is accepted in more than 150 countries. Nik Storonsky, co-founder and CEO, says: “Our mission is to unlock a borderless economy with financial products that are accessible and easy to use and that allow our customers to use their money efficiently.
28.04 / 16:23
Blockchain
Payments
FinTech
Money Transfers
Pilots
Crypto platform Simple.app pilots new solution for sending money to Ukraine
International money transfers have long been a challenge for anyone who needs to send money from one country to another. Traditional banking systems are slow and expensive because many banks don’t have a direct relationship with each other, so they have to charge high processing fees or use an intermediary to complete a transfer. The multi-step process can take days or even weeks to complete a transfer. This makes it increasingly difficult for people to pay for expenses abroad or send money to loved ones who may be in a time crunch.
28.04 / 13:11
Adoption
NFT
Tokens
Scams
South America
NOT
Not funny: Comedy club NFT debacle teaches lesson in transparency
In Venezuela, humor plays an important role, either as a form of protest or a way to make sense of reality.
26.04 / 17:57
25.04 / 22:27
05.04 / 12:29
COST
Twitter
Compilation
coinbase
Bitcoin
Experts Predict Crypto Will Save Americans Billions in Remittance Fees Every Year – Here's What You Need to Know
Crypto could save Americans billions of dollars in costs related to remittance payments to places like Asia and Latin America, data compiled by Coinbase shows.
04.04 / 20:45
business
Blockchain
Payments
Research
remittances
Crypto could eliminate 97% of traditional remittance fees: Coinbase
A recent blog post from cryptocurrency exchange Coinbase indicates the vast majority of U.S. remittance fees for international transfers wouldn’t apply to similar transactions conducted using cryptocurrency.
31.03 / 11:49
Target
Bank of Mexico Slows Pace of Interest-Rate Increases
MEXICO CITY—The Bank of Mexico raised interest rates for a 15th consecutive time Thursday, while slowing the pace of monetary tightening as inflation shows signs of easing.
30.03 / 09:05
Ripple
Latin America
Social Media
Bitfinex
IOTA
Today in Crypto: BitKeep Rebrands to Bitget Wallet, IOTA Launches ShimmerEVM Test Chain, Bitso Trippled US-Mexico Transactions in Partnership with Ripple
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
27.03 / 20:09
UPS
BTC
Ripple
XRP
CoinMarketCap
network
XRP sees renewed demand for its network; the reason is quite surprising
Despite being embroiled in one of the biggest and most controversial lawsuits in the brief history of cryptocurrencies, Ripple [XRP] managed to log in significant gains over the last few weeks of trading activity.
17.03 / 15:17
UPS
Target
Ripple
XRP
Progressive
SEC
XRP Price Prediction as $900 Million Trading Volume Comes In – Are Whales Buying Before the Ripple Lawsuit Conclusion?
The XRP price has increased by 2.5% in the past 24 hours, rising to $0.375464 amid a 5% gain for the cryptocurrency market as a whole.
09.03 / 16:07
09.03 / 13:33
Provident
FIVE
PayPal
Bank
Bitcoin
Nubank
Brazilian Unicorn Nubank Hires Ex-Meta Crypto Chief David Lucas
Brazilian neobank Nubank, known for its crypto-friendly stance, has made headlines by hiring David Marcus, the former crypto chief at Meta (formerly Facebook), while simultaneously seeing a key member of its management team step down. The move comes hot on the heels of the bank's release of its own crypto asset.
06.03 / 23:15
Corning
U.S. Challenges Mexico’s Plan to Phase Out Imports of Corn From GMO Seeds
WASHINGTON—The U.S. said it is seeking formal consultations with Mexico over its agricultural biotechnology policies—a request officials said is aimed at Mexico’s import ban on genetically modified American corn and other crops.
13.02 / 19:15
13.02 / 18:31
10.02 / 11:41
Target
Bank of Mexico Raises Benchmark Rate More Than Expected
MEXICO CITY—The Bank of Mexico raised its benchmark interest rate more than expected, and signaled that at least one more increase is likely as inflation takes longer to recede than it had foreseen.
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