trending Market Intelligence /marketintelligence/en/news-insights/trending/iwzad0a2kgfeqv5is_xpxq2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Moody's: Banorte's debit card partnership with Amazon Mexico a credit positive

Pandemic to propel rise of mobile payments in India's 781B point of sale market

Belarus: Pay TV, Broadband Market Overview

Global Operators Expand Integrated Access To OTT Services

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption


Moody's: Banorte's debit card partnership with Amazon Mexico a credit positive

Banco Mercantil del Norte SA Institución de Banca Múltiple's partnership with Amazon.com Inc. to launch a rechargeable debit card in Mexico is credit positive for the bank, according to Moody's.

In a statement, the rating agency said the partnership "will increase the bank's retail customer base by attracting clients currently unable to use Amazon's online services because they have no bank accounts." Moody's noted that more than half of Mexico's population "does not have a bank account or debit card and rarely uses a bank for their day-to-day transactions." The new card, which is backed by Mastercard Inc., would help to expose the bank to such customer segments.

The rating agency added Banorte's decision to link the card with mobile banking would further strengthen the bank due to a tendency by Mexican customers to migrate towards smartphone and internet channels.

Under the scheme, which was presented earlier in March, customers have to deposit $500 or more in one or multiple transactions to receive the physical card. It can be loaded with cash in convenience stores across the country and can be managed through Banorte Móvil, the issuing bank's mobile app.