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Discover all the payments and fintech-related news and analysis about Mexico in The Paypers News, Reports, along with other Mexico-specific insights on the payments and fintech industry:

Discover all the payments and fintech-related news and analysis about Mexico in The Paypers News, Reports, along with other

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Mexican neobank albo selects Acuant for KYC processes

News | Digital Identity, Security & Online Fraud | 24 Mar 2021

albo, Mexico-based neobank, has selected Acuant, a provider of identity verification solutions, to assist the bank with KYC processes.

partnership, banks, identity verification, KYC, AML, data

Fondeadora selects AU10TIX for its identity verification solutions

News | Digital Identity, Security & Online Fraud | 25 Mar 2021

Fondeadora, a Mexico-based challenger bank, has selected AU10TIX, to boost the speed and security of its customer onboarding and ongoing due diligence processes. 

partnership, identity verification, KYC, AML, challenger bank, banks, biometrics

Dapi launches in Mexico

News | Online & Mobile Banking | 29 Mar 2021

Banking API provider Dapi has officially launched in Mexico, marking its second market launch outside of MENA and the first in Latin America.

online banking, fintech, banks

Mercado Libre to invest USD 1.1 bln in Mexico in 2021

News | Ecommerce | 09 Apr 2021

Mercado Libre has announced that it will invest USD 1.1 billion in Mexico in 2021, mainly to expand its warehouse facilities amid an increasing demand generated by the COVID-19 pandemic.

Mercado Libre, investment, expansion, ecommerce

Nubank to invest USD 135 mln to expand its services in Mexico

News | Online & Mobile Banking | 09 Apr 2021

Brazil-based digital bank Nubank has announced a USD 135 million investment to expand services in Mexico.

digital banking, banks, expansion, investment

Open Vector, Fiorano launch Open Finance Sandbox in Mexico

News | Online & Mobile Banking | 22 Feb 2021

UK-based Open Banking and Open Finance specialist company Open Vector has launched its Open Finance sandbox platform for Mexico which will be powered by Fiorano, according to the official press release.

Open Vector, Fiorano, Open Banking, Open Finance, online banking, mobile payments, Banking Circle, ecommerce

AT&T México launches e-wallet

News | Mobile Payments | 08 Feb 2021

Telco operator AT&T México has launched an e-wallet, AT&T ReMo, that allows its users to make online transactions, request a loan and even withdraw cash.

AT&T, e-wallet, ReMo, mobile payments, North America, Mexico, digital wallet

Innovative Payment Solutions partners with Golden Money Transfer

News | Online Payments | 02 Feb 2021

Innovative Payment Solutions (IPSI) has announced an agency agreement with Golden Money Transfer (GMT) to facilitate its money transmission service to Mexico.

Innovative Payment Solutions, Golden Money Transfer, subisenn partnership, global money transfers, cross-border payments, unbanked, underbanked, remittances

Hacker leaks data of 10,000 Mexico-based American Express accounts for free

News | Digital Identity, Security & Online Fraud | 07 Jan 2021

A threat actor has leaked data of 10,000 Mexico-based American Express credit cardholders on a forum.

American Express, breach, fraud, credit card data, cardholders, Mexico, Personally Identifiable Information, PII

Mexican exchange bank Monex chooses Appdome to secure app

News | Online & Mobile Banking | 11 Dec 2020

US-based Appdome has announced that Grupo Financiero Monex is using Appdome’s platform to secure its foreign exchange (FX) trading mobile app, Monex Móvil.

Appdome, Grupo Financiero Monex, partnership, FX , Monex Móvil, mobile banking, mobile fraud, security

Accendo Banco partners Nium to expand money transfer capabilities

News | Payments General | 25 Nov 2020

Mexico-based challenger bank Accendo Banco and infrastructure platform Nium have partnered to expand the bank’s capabilities in international payments and remittances.

Accendo Banco, Nium, partnership, cross-border payments, money transfer, mobile banking, real-time payments, fintech, LATAM, mobile payments

Banorte, Volante Technologies partner for payments modernisation

News | Online & Mobile Banking | 21 Oct 2020

Payments and financial messaging solutions provider Volante Technologies and Mexico-based bank Banorte have partnered to modernise the latter’s cross-border payment architecture. 

Banorte, Volante Technologies, payments , partnership, cross-border payments, VolPay, Mexico, bank, digitalisation

Apple might be planning to launch Apple Pay in Mexico

News | Mobile Payments | 16 Oct 2020

According to Apple Insider, a new page on the Apple Mexico website, regarding Apple Pay, has suggested that the country plans to implement the mobile payment system.

Apple, Mexico, Apple Mexico, mobile payment, Apple Pay

Spanish Neo-bank Bnext selects Rapyd for LATAM expansion

News | Online & Mobile Banking | 01 Oct 2020

Rapyd, a global Fintech as a Service company, has teamed up with Bnext, a Spain-based mobile neo-bank for cash collection, with plans to expand services across Latin America.

Bnext, fintech, payment method, Rapyd, cross border payments, transactions , partnership, LATAM expansion, bank account, neobank, mobile banking

Yabx forays into Mexican market

News | Payments General | 09 Sep 2020

Yabx, a fintech venture in digital lending, has announced its foray into Mexico as part of its expansion strategy in the Latin America region.

Yabx, Mexico, banks, microfinance institutions, ecommerce players, payment gateways, credit bureaus, mobile financial services providers, mobile network operators, lending, payments , fintech, digitalisation

TransferMate expands North American regulation with Mexico licence approval

News | Online Payments | 08 Sep 2020

Cross-border B2B technology payments provider TransferMate has secured a new payments licence in Mexico.

National Banking and Securities Commission, TransferMate, remittance, online money transfer, online payments, money licence, e-money licence, payment technology, Mexico, Latin America

Paysafecash launches in Mexico enabling online cash purchases

News | Online Payments | 26 Aug 2020

Paysafecash has launched in Mexico as an alternative payment method for customers who want to pay online safely by using cash. 

Paysafecash, launch, Mexico, alternative payment method, cash payments, eCash, paysafecard, financial data, bank account, credit card, checkout, barcode, payment point, online shop, retail, ecommerce

WorldRemit partners with Mexican neobanks albo and Klar

News | Online Payments | 14 Aug 2020

WorldRemit, an international payments company, has entered partnerships with two Mexico-based neobanks, albo and Klar.

WorldRemit, money transfer, remittances, partnership, Albo, Klar, payments , Mexico, neobanks, banks, economy

Tauros and Visa to launch debit card with crypto cashbacks

News | Cards | 10 Aug 2020

Mexico-based fintech Tauros and Visa have struck a partnership aimed to launch a debit card with crypto cashbacks.

Tauros, Visa, debit card, e-wallet, cards, payments , Mexico, crypto payments, Mexican pesos, Dash, ecommerce payments system, Latin America, LATAM

Rapyd reveals full-stack integrated local payment solution in Mexico

News | Online Payments | 10 Jul 2020

Fintech-as-a-Service company Rapyd has announced the launch of a single ‘full-stack’ integrated local payment solution in Mexico. 

Rapyd, launch, payments , Mexico, payment method, API, bank transfers, cards, retail, ATM, withdrawals, account, digital wallets