With the passing of the Law to Regulate Financial Technology Institutions (known as the FinTech Law) on 1 March 2018,1 Mexico became the first country to regulate its FinTech sector. This law lays the groundwork for an open banking standard (OBS) by requiring financial institutions to establish open application programming interfaces (APIs) with the aim of making financial data open, while respecting privacy and commercial confidentiality.
Download this report in order to view the Open Banking landscape in Mexico along with its Open Banking eco system. The report also details the opportunities in this region and what the future holds.
- Moneybox app announces Open Banking merger with Santander
- New world innovation: Open Banking turns three
- VibePay launches account-to-account payment services for SME’s
- Komerční Banka selects Temenos to enhance its digital banking offering
- Insight: Head of products, BBVA Open Platform, on the future of payments, CX and Banking as a Service.