Beyond Cash: The Digital Payments Revolution in Latin America and the Caribbean

This report explores the rapid and transformative shift from cash-based to digital payment systems across Latin America and the Caribbean. The report documents diverse national experiences, highlighting that there is no one-size-fits-all model for success. Instead, progress hinges on solving key market failures such as lack of interoperability, coordination problems, and barriers to entry while […]
Payment systems in the Americas: what have we achieved and what is left to do?

Speech by Mr Alexandre Tombini, BIS Chief Representative for the Americas, at the “Evolution of means of payment” seminar at the Bank of Mexico, Mexico City, 10 September 2025. In a keynote address at the Bank of Mexico, Mr. Alexandre Tombini, BIS Chief Representative for the Americas, highlighted the vital role central banks play not […]