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Many victims’ families were faced with the immediate needs brought on by the loss of their primary breadwinners.

José Luis Hernández Martínez crossed Mexico City every day on subway Line 12 between his home on the city’s south side and the body shop where he worked repairing mangled cars. The 61-year-old’s train had emerged from beneath the city and was jostling along the elevated portion far from downtown late Monday night when two…

MEXICO CITY — José Luis Hernández Martínez crossed Mexico City every day on subway Line 12 between his home on the city’s south side and the body shop where he worked repairing mangled cars. The train he was riding in had emerged from beneath the city and was jostling along the elevated portion far from downtown late Monday when two of its bright orange cars suddenly fell into a void. Hernández Martínez was killed instantly, his son Luis Adrian Hernández Juarez said. Hernández Martínez, 61, was one of 25 people who died in one of the worst accidents on the Mexican capital’s spr...

Search Fintech as a Service Providers in Mexico Likely to Face Serious Challenges due to New Regulations, Analysts Claim December 23, 2020 @ 8:10 am By Omar Faridi A new regulatory policy has reportedly been introduced by Mexico’s financial industry regulator CNBV and it’s being referred to as “a death sentence” for firms that are providing Fintech-as-a-Service (FaaS) businesses, according to analysts. Carlos David Valderrama Narvaéz and Diego Montes Serralde from Legal Paradox, a  Fintech-focused consultancy firm, have noted that it seems the CNBV notice is like a death sentence ...