COGNICURRENT

The Macro group has acquired 100% of Banco Sáenz from the Frávega family, aiming to enhance its digital business.

Banco Macro has purchased a 50% stake in Banco Sáenz to bolster its digital expansion strategy in the Argentine financial sector.

The 2026 FIFA World Cup in Mexico is expected to significantly boost the adoption of digital payments, according to the director of Mercado Pago, who highlights the benefits over cash transactions for both safety and convenience.

Customers from different banks reported instability on the PIX payment platform on Wednesday.

Digital financial services are increasingly important for Mexicans, presenting a significant challenge for traditional banks to adapt or risk losing relevance.

A recent police operation in Maranhão, Brazil, has dismantled a group involved in electronic fraud, resulting in significant financial losses estimated at over R$ 300,000.

The digitalization of Mexico's financial system is entering a new phase of direct competition among institutions to attract users away from traditional banks.

Revolut México aims to transform the country's banking landscape by leveraging technology as it prepares to operate with a banking license.

Ingenico participates in the Banking Convention with a focus on optimizing operations and revenue models amid increased industry challenges.

Mexico is undergoing a significant shift toward digital banking, which is anticipated to replace traditional banking services soon.

Moisés Chaves, president of Bankaool, emphasizes the need for Mexican banks to transition to digital systems amid various sector challenges.

Banamex plans to enhance its competitiveness in the Mexican banking sector by focusing on digital user experiences and technology investment by 2026.

The digital banking sector in Mexico is growing, with new players entering the market to promote financial inclusion and improve customer experience.

Snappi, Greece's first neobank, launched the Snappi Fintech & AI Lab, aimed at integrating academic research with entrepreneurship in AI-powered banking.

Santander plans to close 40 branches in the UK by May 2026 as part of a shift toward digital banking.

All bank branches in Argentina will be closed for two days in March due to a public holiday and national commemoration.

S-Pankki's mobile app is experiencing issues that prevent some users from logging into mobile banking and accessing its website.

Snappi has unveiled its Fintech & AI Lab, aimed at bridging academic research with entrepreneurship in digital banking in Greece.

Digital banking in Mexico is expected to reduce the country's five-year lag in financial inclusion and technological innovation, as stated by Juan José Galnares, General Director of Openbank.

Customers of OP Pohjola are experiencing delays in incoming and outgoing transactions, as stated by the bank.

Revolut's general director, Juan Guerra, stated that to meet user demands, the company is considering establishing physical branches in Mexico, despite its current focus on a fully digital banking model.

Barclays Mexico's CEO, Raúl Martínez-Ostos, emphasizes the need for the banking sector to engage more actively in addressing the country's development challenges.

Financial inclusion is low in Mexico, presenting growth opportunities for banks to integrate more people into the formal banking system, according to Felipe García of Santander Mexico.

Virtual criminals are using fake apps that mimic well-known services like INSS, FGC, and Starlink to deceive Brazilians and steal banking data directly from their smartphones.

The Mexican Banking Association emphasizes the importance of responsibility for new entrants in the banking sector amid increasing competition and regulatory scrutiny.

CRC Credit Bureau has launched an upgraded mobile app to enhance access to credit information and financial services for customers in Nigeria.

The RBI has proposed a new measure to provide compensation of up to 85% of losses, capped at ₹25,000, for victims of digital fraud in banking transactions.

Stefan Möller, CEO of Klar, emphasizes the importance of attracting new users to the digital banking sector to demonstrate the success of their offerings, particularly focusing on the consumer and SME sectors.

Nu Mexico aims to transform the banking experience for Mexicans by leveraging technology and digitalization.

Cyber fraud incidents in India are rising rapidly, with criminals stealing approximately ₹3.8 billion from people's bank accounts every day.

The Cuenta DNI digital wallet offers various discounts in March 2026, including significant savings at local businesses across different sectors.

Ualá, an Argentine digital bank, has secured US$195 million in funding, raising its valuation to US$3.2 billion and enabling it to expand its services across Latin America.

The article discusses the appropriate amount of cash that households in Greece should keep at home amid rising digital payment use and occasional concerns over banking stability.

DolarApp, a global financial services platform, has raised US$70 million in funding and rebranded as ARQ to expand its offerings beyond international transactions.

LHV Bank is undergoing leadership changes with Erki Kilu set to replace Kadri Kiisel, reflecting a shift towards competition with digital platforms rather than traditional banks.

The Central Bank of Argentina has introduced the Cobro con Transferencia (CCT), a new system aimed at making installment payments cheaper and more efficient for consumers.

The president of BRB (Banco de Brasília) expressed confidence in the digital bank of Flamengo as a business opportunity to generate revenue, addressing the deputies of the Federal District.

Argentina's Central Bank has introduced a new installment payment mechanism for digital wallets to enhance competition with banks in personal financing.

Traditional banks are increasingly focusing on consolidating their digital strategy to adapt to technological trends and user needs.

Lloyds Bank will no longer allow the opening of certain accounts in branches, pushing customers to use its digital platform instead.

MitID is currently down, preventing access to services that require this digital identity solution.

Nordea is experiencing significant service issues, with many users reporting that their account balances have dropped to zero.

Klarna reports that its app has surpassed 280,000 monthly active users in Greece, marking a significant increase over the past year.

Colombian bank Bancolombia has publicly apologized to its clients for failures in its digital and transactional services, ensuring it is working on stabilizing its systems.

Klarna reports a significant increase in active users in Greece, surpassing 280,000 with a year-on-year growth of 65%.

This article provides essential advice on securing bank accounts against increasing digital banking fraud.

The article discusses the concept of financial health in Latin America and the Caribbean, stressing that access to banking services alone is insufficient for true financial inclusion.

The RBI has ordered banks to remove dark patterns from mobile apps and websites by July 2026, focusing on issues like hidden charges and misleading notifications to enhance transparency in digital banking.

The Reserve Bank of India (RBI) has mandated banks to eliminate misleading practices from their apps to enhance transparency in digital banking by 2026.

The article discusses the potential impact of Open Banking in Mexico, likening it to how Spotify revolutionized music access by creating a more integrated and user-friendly experience.