Posts Tagged ‘fintech law’
Impact of Mexico’s new Fintech Law on the finance sector
March 10 this year saw Mexico’s lower house of Congress passing a groundbreaking Fintech law, with the purpose of regulating the country’s rapidly expanding financial technology sector. According to Reuters, the approved bill includes fintech aspects such as crowdfunding and cryptocurrency firms – placing Mexico amongst a small group of countries to establish regulations for…
Read MoreHow Mexico’s new regulations impact Financial Entities
A Gallup poll of 2017 showed 3 in 4 customers in Mexico were either indifferent or unhappy with their bank. Addressing this gap, fintech firms are creating solutions to provide a more satisfactory banking experience, while facilitating financial inclusion opportunities for people who have not previously had access to banking. Finnovista.com reports that the last…
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