Regulatory Alerts2024-07-11 | DOF 5732991Added
Resolution modifying the General Provisions applicable to credit institutions
The National Banking and Securities Commission establishes a new regulatory framework for 'technology-based agents' (comisionistas de base tecnológica), allowing credit institutions to contract with third parties to offer specific banking services via digital channels such as websites and applications. The resolution defines permitted operations, including level 2 account opening, credits up to 3,000 UDIs, bill payments, and balance inquiries, while imposing strict security requirements such as session timeouts of five minutes inactivity or twenty minutes total duration. It mandates that authentication processes remain under the exclusive responsibility of the credit institution and prohibits technology-based agents from accessing, processing, or storing client authentication factors.