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MEXICAN FINANCIAL TECHNOLOGY
Who is Nitrogen group, what does Foxconn do and what data was hacked? Ransomware hackers claim breach at FoxconnWho is Nitrogen group, what does Foxconn do and what data was hacked? Foxconn confirmed a cyberattack that affected some North American fac...- Meta faces New Mexico trial that could force changes to Facebook, other platformsA New Mexico trial could force Meta to overhaul its social media platforms. The state accuses Meta of addicting young users and failing to ...
- Mexican fintech Kapital plans IPO within three years, CEO saysMexican fintech firm Kapital may go public within three years, according to CEO Rene Saul. He mentioned plans for a possible dual listing i...
- Fintech Kapital becomes Mexico's latest unicorn with $1.3 billion valuationKapital closed a funding round led by Tribe Capital and Pelion Ventures, giving it access to up to $100 million, it said in a statement, wi...
- Google in Mexico faces major potential fine as antitrust ruling nearsMexico's antitrust watchdog, Cofece, will rule by June 17 on whether Google illegally monopolized digital advertising, potentially imposing...
- Nirmala Sitharaman on official visit to Mexico to explore trade coorperation between India-MexicoUnion Finance Minister Nirmala Sitharaman arrived in Mexico for her maiden official visit. The aim is to strengthen bilateral ties between ...
- Walmart takes fintech plunge into Mexico's risky marketplaceWalmart de Mexico (Walmex) in April said it had bought Trafalgar, a payment app, to compete in a market dominated by Grupo Salinas' Baz, Ox...
- Norway's wealth fund loses record $174 billion in first half of 2022The $1.3 trillion fund's return on investment was a negative 14.4% for the January-June period, which was still 1.14 percentage points ahea...
- Crypto giant Tether to launch sterling-pegged stablecoinStablecoins are cryptocurrencies designed to keep a steady value against traditional currencies or commodities such as gold. They seek to a...
- PVR, INOX Leisure script mega mergerThe deal, if fructifies, will reshape the country’s film exhibition industry that witnessed its first phase of consolidation over the past ...
- Google redesigns Pay app, plans mobile-first bank accounts in 2021Users can now transact with groups of people, search transactions, view analytics, and explore cashback offers from merchants including Bur...
- Huawei to countries: Welcome us in and we'll invest big timeThe US is sticking with its decision to bar Huawei from next-generation telecommunications networks in the US.
- Prevent abuse by dominant fintech: Bank of International SettlementsRegulatory sandbox is also another useful tool regulators can use to gauge the market readiness for new products while promoting knowledge-...
- Emerging markets get thumbs up after staring down tough quarterEmerging-market stocks beat peers from developed nations in the first quarter.
- Indians most confident about savings for retirement: StudyIndians are the most confident when it comes to the current level of savings, with 39 percent believing that they are well prepared for ret...
- Manmohan Singh leaves for G-20, Rio+20 summits tomorrowOn a eight-day foreign tour, Singh will attend the seventh summit of the G-20 starting in the Mexican resort town of Los Cabos on June 18 .
- Mukesh Ambani to be richest man in world in 2014: ForbesWith a net worth of $62 billion, biz tycoon Mukesh Ambani would be the richest man on earth in 2014, according to a forecast issued by Forb...
- Infosys invests Rs 63-crore in overseas subsidiariesIT major, Infosys Technologies, has incurred a capital expenditure of Rs 63-crore in its three loss-making subsidiaries in China, Mexico an...
- After 60 years, Polaroid quits instant film businessPolaroid Corp. is dropping the technology it pioneered long before digital photography rendered instant film obsolete to all but a few nost...
- TCS bags contract in Mexico worth over $200 mnIT firm Tata Consultancy Services (TCS) has bagged a four-year contract of over $200 million from the Social Security Institute of Mexico (...
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