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Join the 3rd Regional Instant Payments Forum!

The transformation of payments in Latin America and the Caribbean is underway — and you can be part of this change. Join us virtually for the 3rd Regional Instant Payments Forum on May 29 and 30, and be part of a space that will bring together regional and global leaders to promote innovation, interoperability, and financial inclusion across our region.

This event is co-organized by the Central Bank of Uruguay (BCU) and the Latin American Reserve Fund (FLAR), and will feature the participation of institutions such as the IMF, the BIS, and the Central Bank of the Philippines.

Don’t miss out — join the future of payments in Latin America and the Caribbean!

About the event

Latin America and the Caribbean are undergoing an unprecedented transformation in the way people pay and connect financially. In this context, the III Regional Instant Payments Forum will serve as a key space for dialogue, sharing progress, and collaboratively shaping the future of payments in the region.

The event will take place on May 29–30 in Montevideo, Uruguay, with the support of the Central Bank of Uruguay as host. It will feature the participation of institutions such as the IMF, the Bank for International Settlements, and other global and regional stakeholders.

Over the course of two days, topics such as financial inclusion, interoperability, cybersecurity, and cross-border payments will be discussed. In addition, updates will be presented on the regional document on instant payments, currently being developed collaboratively with the FLAR member central banks.

Montevideo will be the meeting point to continue driving a more integrated, digital, and connected Latin America. 

Agenda
Uruguay Time (GMT-3)

Thursday - 29 May 2025

09:00 – 09:20
Welcome and Opening Remarks
Mr. Guillermo Tolosa – President, Central Bank of Uruguay
Mr. Fidel Jaramillo – Secretary General, Latin American Reserve Fund (FLAR)
09:20 – 09:30
Methodological Overview
09:30 – 10:10
Live streaming available
Presentation of the South American Payment Systems Report
Mr. Paul Castillo – General Manager, Central Reserve Bank of Peru – BCRP
10:10 – 10:40
Coffee Break & Group Picture
10:40 – 11:50
How We Have Advanced in the Rollout of Fast Payment Systems Across the Region?
(Round of Participating Central Banks)
11:50 – 12:30
Live streaming available
Update on the Central Banks’ White Paper: Key Considerations for Developing Instant Payment Systems in Latin America and the Caribbean
Mr. Fidel Jaramillo – Secretary General, Latin American Reserve Fund (FLAR)
Carolina Velásquez – Senior Economist, (Expert Profesional) Financial Infrastructure Monitoring Department, Central Bank of Colombia
12:30 – 12:45
Coworking Space: Connective Intelligence I
12:45 – 14:00
Lunch
14:00 – 14:40
SPEI: Payment System in Mexico. Structure and functioning of the payment system of the Central Bank of Mexico
Live streaming available
Ángel Salazar Sotelo – Director of Development and Innovation for Payment Systems and Market Infrastructures, Bank of Mexico
14:40 – 15:20
Risk Management Strategies for Instant Payment System Oversight
Live streaming available
Breno Lobo – Deputy Head of the Departament of Competition and Financial Market Structure, Central Bank of Brazil
Chair:
María Fernanda Acosta – Chief Legal Counsel, Latin American Reserve Fund (FLAR)
15:20 – 16:00
Cybersecurity Risk Supervision and Oversight: Global Perspectives and Challenges
Tanai Khiaonarong – Senior Financial Sector Expert, FMI
16:00 – 16:15
Coworking Space: Connective Intelligence II
16:15 – 16:35
Coffee Break
16:35 – 17:15
Collaborative Session: Shaping the Future We Want (Visualization of scenarios)

Friday - 30 May 2025

09:00 – 09:40
Safe and Trusted Instant Payments – Fraud Prevention Tools –
Live streaming available
Carlos Sanz – Director, Payment Systems Department, Bank of Spain
Guillermo Galicia – Senior Financial Sector Specialist, World Bank
Chair:
Gabriel Lago – Head of the Department of Payment Systems Regulation and Oversight, Central Bank of Uruguay
09:40 – 10:10
Coffee Break
10:10 – 10:50
Panel: Cross-Border Payments – Keys and Challenges
Mr. Mamerto E. Tangonan – Deputy Governor, Payments and Currency Management Sector, Bangko Sentral ng Pilipinas (Central Bank of the Philippines)
Mr. Benjamín Lee – Director, Nexus Global Payments
Carmen Arias – Advisor, BIS Innovation Hub, Singapore
Moderador:
Mr. Fidel Jaramillo – Secretary General, Latin American Reserve Fund (FLAR)
10:50 – 11:30
Panel: The Future of Payments: Speed Meets Innovation
José Manuel Marqués – Director, Financial Innovation and Market Infrastructures Department, Bank of Spain
Benedicte N. Nolens – Director, BIS Innovation Hub, Hong Kong
Moderador:
Carlos Álvarez – Chief Risk Officer, Latin American Reserve Fund (FLAR)
11:30 – 12:10
Collaborative Session: Shaping the Future – Defining the Way Forward
12:10 – 12:30
Closing Remarks and End of Forum
Ms. Ana Claudia de los Heros – Vice President, Central Bank of Uruguay
Mr. Fidel Jaramillo – Secretary General, Latin American Reserve Fund (FLAR)
12:30 – 14:00
Lunch