On Wednesday, the 89th Banking Convention began in Cancún, Mexico, as representatives from the Mexican government and banking sector met to discuss the future of digital payments and the phasing out of cash in a country where more than three-fourths of the population depends on it.
The annual meeting brought together leaders from Mexico’s financial sector, including heads of banking, government economic authorities, and CEOs of major corporations. The convention is organized by the Association of Banks of Mexico (ABM) under the theme “Innovating Banking, Building the Future.”