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Economic studies

Study of competition and free market access in digital financial services

Publicado en: November 28th, 2024

Document type:
Economic studie

Prepared by:
General Directorate of Economic Studies
General Directorate of Digital Markets


Summary

This study examines the impact of digital financial services (DFS) on competition and free competition in Mexico, focused on savings, credit and payment markets. It identifies structural, behavioral and regulatory barriers that limit competition and recommends modifications to improve access to financial services, reducing costs and promoting financial inclusion. The opportunities that fintech offers to transform the financial system are highlighted, although their success depends on regulatory development and the adaptation capacity of traditional banks.

Keywords: digital financial services, fintech, economic competition, financial inclusion, entry barriers, financial technology, financial regulation, digital banking, financial markets, digital payments, Cofece


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