MX Announces New Product Innovation to Power the Open Finance Economy

New data-driven insights and budgeting tools help control spending and protect consumers from unexpected expenses to improve financial health MX introduces new mobile banking SDK for companies to build, customize, and scale their own mobile banking apps; Adds 5 certified MXmobile SDK developer partners SNOWBIRD, Utah, Sept. 21, 2022 /PRNewswire/ — MONEY EXPERIENCE SUMMIT — … Read more

Mexican finance leaders plan stock exchange reform to stanch exodus

Employees work at their positions as a ticker displays stock exchange data at Mexico’s stock exchange, in Mexico City, Mexico June 1, 2021. REUTERS/Toya Sardo Jordan Register now for FREE unlimited access to Reuters.com Register MEXICO CITY, Sept 8 (Reuters) – Mexico’s government and financial institutions will propose a bill this month to change current … Read more

Mexico’s economy seen reaching pre-pandemic levels in 2023, lagging peers -Fitch

Register now for FREE unlimited access to Reuters.com Register MEXICO CITY, Sept 2 (Reuters) – Mexico’s economy is forecast to finally claw its way back to pre-pandemic levels sometime next year, ratings agency Fitch Ratings said on Friday, after COVID-19 ground the global economy to a halt in early 2020 . In 2020 the Mexican … Read more

Ford to suspend Transit Connect van sales in US by end of 2023 – Automotive News

A Ford Transit Connect is displayed during the press preview day of the North American International Auto Show in Detroit, Michigan January 13, 2014. REUTERS/Joshua Lott/File Photo Register now for FREE unlimited access to Reuters.com Register Aug 23 (Reuters) – Ford Motor Co (FN) will stop selling the Transit Connect van in the United States … Read more

New MX Research Shows 40% of Consumers Believe Current Financial Situation has Changed for the Worse Due to Rising Costs

Half of respondents say they are saving less money today; 32% say the amount of debt they owe has increased LEHI, Utah, Aug. 23, 2022 /PRNewswire/ — MX, a leader in Open Finance, today released a new report on money habits and behaviors among Gen Z and other generations. Findings show that consumers are less … Read more

As Mexico stalls major solar projects, companies turn to smaller workarounds

Workers install solar panels on the roof of the Central de Abastos wholesale market as part of a roof-top solar project run by the local government to become the world’s biggest urban solar farm, in Mexico City, Mexico July 27, 2022.REUTERS/Luis Cortes/File Photo Register now for FREE unlimited access to Reuters.com Register MEXICO CITY, Aug … Read more

Ecuadorian ‘unicorn’ Kushki buys financial service startup in Mexican expansion

MEXICO CITY, Aug 17 (Reuters) – Ecuadorian “unicorn” Kushki, an online payment platform servicing Latin America, will purchase Mexican startup Billpocket in a bid to triple its growth in Mexico over the next few months, Kushki said Wednesday. Kushki, which expanded to Mexico in 2020, said the purchase of Billpocket and its handheld credit card … Read more

To rescue 10 trapped miners, Mexico turns to German, US companies

An aerial view shows the coal mine El Pinabete where miners remain trapped after it collapsed, in Sabinas, Coahuila state, Mexico August 15, 2022. REUTERS/Daniel Becerril Register now for FREE unlimited access to Reuters.com Register MEXICO CITY, Aug 16 (Reuters) – Mexico will ask both a German and a US company to help rescue 10 … Read more

Mexican Unifin’s debt restructuring is negative for other financial companies, Moody’s says

Signage is seen outside the Moody’s Corporation headquarters in Manhattan, New York, US, November 12, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register MEXICO CITY, Aug 12 (Reuters) – Mexican leasing firm Unifin’s debt restructuring is credit negative and could reflect tight refinancing conditions for Mexican financial institutions, Moody’s rating agency … Read more

EXCLUSIVE Mexico’s Pemex in talks with Vitol, eyes resuming business after bribery scandal

The Pemex logo is seen at its headquarters in Mexico City, Mexico April 20, 2020. REUTERS/Edgard Garrido/File Photo Register now for FREE unlimited access to Reuters.com Register MEXICO CITY, Aug 10 (Reuters) – Petroleos Mexicanos (Pemex) has made progress in talks with global energy trader Vitol about resuming trading ties that broke down last year … Read more