GLASTONBURY, Conn. — Open Solutions Inc. has announced its first major move into Mexico.
The company said $1.5 billion IXE Banco in Mexico City will use the company's core processing solution to help the institution create a new bank to reach the country's underbanked mid-to-low income retail markets.
The new bank will offer a broad range of services with a focus on consumer and commercial loans for medium and small businesses.
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