WestStar Bank Targets New Mexico Expansion with Acquisition of Southwest Capital Bank

In a significant move to consolidate its regional presence, El Paso-based WestStar Bank has announced a definitive agreement to acquire Albuquerque-based Southwest Capital Bank. The strategic merger, which is slated to close in the first quarter of 2027, marks a major milestone in WestStar’s growth trajectory, shifting its footprint in New Mexico from a solitary…

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The Cost of Blind Trust: New Mexico Supreme Court Sanctions Defense Attorney Over AI-Generated "Hallucinations" in Murder Appeal

By: PYMNTS Published: September 13, 2026 Main Facts The intersection of artificial intelligence and the legal profession reached a stark and sobering milestone last week when the New Mexico Supreme Court formally held defense attorney Stephen Aarons in direct contempt of court. The disciplinary action stems from a high-stakes murder appeal in which Aarons submitted…

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Nubank’s Mexican Revolution: Nu Mexico Secures Final Authorization to Operate as a Full-Scale Bank

By PYMNTS | July 10, 2026 In a landmark development for Latin American fintech, Nu Mexico—the Mexican arm of the digital banking giant Nubank—has officially received the green light from the National Banking and Securities Commission (CNBV) to begin operations as a fully licensed bank. This authorization marks the culmination of a rigorous regulatory transition,…

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