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Banks Adjust Their Strategies to Reduce Exposure to Money Laundering

Summary by Revista Merca2.0
The Association of Banks of Mexico (ABM) has warned that digital fraud attempts increased by 52% between 2020 and 2022, forcing institutions to invest more and more in cybersecurity infrastructure. The digitization of the banking system in Mexico is characterized by the coexistence of two main types of financial institutions: fintech and traditional banking. Mexico is under increasing surveillance by international organizations. Amid growing int…
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The Association of Banks of Mexico (ABM) has warned that digital fraud attempts increased by 52% between 2020 and 2022, forcing institutions to invest more and more in cybersecurity infrastructure. The digitization of the banking system in Mexico is characterized by the coexistence of two main types of financial institutions: fintech and traditional banking. Mexico is under increasing surveillance by international organizations. Amid growing int…

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Revista Merca2.0 broke the news in on Thursday, July 31, 2025.
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