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LEY FINTECH MEXICO OPENS SPACE TO NEW-COMERS ACROSS FINANCIAL SERVICES LANDSCAPE (130 mill., pop; 90% Smartphone penetration rate)
Ley FINTECH sets a framework for facilitating digital players - banks and non-banks - to acquire, engage with, serve and understand customers much better, and cheaper, in all their financial needs.
Why Mexican 42 mill. payroll accounts are the primer source of Consumer Credit relative to Credit Cards
Payroll cards and payroll credit - through discounts to the monthly payroll - are currently the major growth components of consumer finance in Mexico
The imperative need for banks to innovate on the payment experience: A digital wallet deepens customer relationships relative to checking accounts
Consumers are empower as never before.
PayPal/ America Movil Latam: 140 million customers and full omni-channel merchant payment solutions back partnership
Retail Banking: Integrating PYMES into digital world
Introducing a digital wallet/ mobile payments per se represents a huge effort; it is somewhat ineffectual unless complementary actions are taken for maximizing customer relationships.
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