Banks

Credijusto bought Finterra and makes history as the first fintech owner of a bank in Mexico

The acquisition of Banco Finterra by the fintech Credijusto represents a milestone in the financial history of Mexico, as it would be the first regulated neobank in the country.

The future of cryptocurrencies? 60% of central banks already work on their own digital currencies

After most central banks rejected the concept of cryptocurrencies, they are now very interested in creating their own digital currency.

Now the bank - and the fintech companies - will know your location

You, as a user, can refuse to grant your location, but if you do, the bank will not allow you to use their application.

Banorte, Santander and Citibanamex are the banks with the most complaints, reveals Condusef

The three institutions account for almost 50% of all complaints against banks. 33% of the claims are for charges not recognized via the internet.

Banco Santander Will Deny Loans to Coal-Related Companies From 2030

As part of its strategy towards sustainability, Spanish bank Santander will stop providing financial services to companies that depend on thermal coal.

Goodbye to Two Foreign Banks in Mexico

The National Banking and Securities Commission (CNBV) reported that Canada's Bank of Montreal and Israel's Mizrahi Tefahot Bank, Ltd. will no longer have representation in the country.

Alto Nivel

3 Ways to Stay Competitive in an Uncertain Climate

When the going gets tough, the tough get busy adapting.

Rashan Dixon

Climate Change a Problem for U.S. Banks' Investing Strategies, Finds Ceres

The environmental nonprofit and sustainable-investing advocate's analysis is based on a comprehensive definition of risk that includes a wider swath of the economy than fossil fuels.

Alexander Vuocolo

New Legislation Would Grant Automatic Forgiveness of PPP Loans Under $150,000

The smallest of small businesses may be able to avoid hassling with additional documents, worksheets and payroll/tax forms.

Mat Sorensen

SBA Releases PPP Forgiveness Application and Makes Critical Clarifications and Documentation Requirements

There is now improved guidance on calculation methods, definitions of forgivable expenses and the documents that must be submitted with the forgiveness request.

Mat Sorensen

Today Is Officially the Deadline for Companies to Return Their SBA PPP Loans

Businesses that received big bucks from the government stimulus fund are on the clock. And that could mean more money available for everyone else.

Kenny Herzog