In less than five years, Mexico could have a digital identity card that would allow more equality, greater financial inclusion and fights corruption by displacing the use of cash, according to experts from Everis, a multinational consultancy that offers business solutions. Among the benefits of having a digital file is the economic, benefit of country efficiency, inclusion, the equality because money is expensive to produce, store and distribute and also generates a lot of violence.

At a press conference to publicize the launch of the study: "Digital Entity", developed to evaluate the strategies undertaken by banks in Mexico to optimize their processes and meet the needs of their clients, Carlos González, managing partner of Banca de Everis Américas, anticipated that in the coming months new fully digital banks will appear that cover specific business niches.

For his part, Carlos Goya, responsible partner of Banca México, considered that the technology will help the development of new payment ecosystems in the country. The specialists commented that the recent measures announced by the government to strengthen the Mexican financial system are positive and the implementation of the Digital Collection (CoDi) by the Bank of Mexico will generate a very important change and will be a trigger to eradicate the use of cash in the economy, which is currently very expensive.

Experts pointed out, for example, that in Peru the use of cash has a cost equivalent to 2 percent of GDP, and in Mexico, cash is still used at 85 percent. Carlos González reported that in Mexico there is already a regulation that requires banks to have biometrics from all their clients within a year and this is a public policy regulation because the digital file can be used for a bank, for Afores, the Insurers, among others.