Financial inclusion: Mexico is missing a move to digital banking

The country is losing the war on the coronavirus, as well as wasting the ensuing digital payments opportunity eagerly grasped by others in Latin America.

Covid19_shutterstock-600x150

When the history of the coronavirus’s impact on Latin America is written, it will highlight the acceleration that the virus had on the shift to digital banking and the subsequent economic impact of this.

Countries throughout the region have, in most cases for the first time, responded to an economic crisis with fiscal programmes that provide individuals with subsistence payments.

These payments have largely been designed and delivered via digital systems, which has led to a spike in digital account creation.

Access intelligence that drives action

To unlock this research, enter your email to log in or enquire about access