This sub content title section you can add you real content.

Working paper in academic journal | The adoption of fast payment systems (FPS) in Latin America: the role of financial literacy and cash-related beliefs

Working paper in academic journal | The adoption of fast payment systems (FPS) in Latin America: the role of financial literacy and cash-related beliefs

We are pleased to share a new publication in the academic journal International Journal of Bank Marketing. This time, it features the research titled “The adoption of fast payment systems (FPS) in Latin America: the role of financial literacy and cash-related beliefs”, authored by Carlos Giraldo, Iader Giraldo, Mauricio Losada-Otálora, and Nathalie Peña-García.

Press Release | Climate Change and Financial Stability in Focus at 9th Joint RFA Research Seminar

Press Release | Climate Change and Financial Stability in Focus at 9th Joint RFA Research Seminar

On May 16, 2025, the 9th Joint RFA Research Seminar took place in Medellín, co-organized by FLAR, AMRO, and ESM.
The event brought together experts from international financial organizations, central banks, finance ministries, and academia to discuss the impact of climate change on macroeconomic stability, financial system resilience, and public finances and sovereign risk.

FLARblog | Balancing R&D and Financial Stability: Strategic Cuts in Fiscal Consolidation

FLARblog | Balancing R&D and Financial Stability: Strategic Cuts in Fiscal Consolidation

In recent years, fiscal matters have taken center stage in both academic research and economic policy debates. This heightened focus is largely a consequence of the significant rise in public debt levels observed across advanced and emerging economies in the aftermath of the COVID-19 pandemic. At the same time, the sharp increase in inflation experienced in many countries led central banks to implement substantial hikes in policy interest rates.

FLARblog | Latin America in 2024: Macroeconomic stability in a shifting and complex global context

FLARblog | Latin America in 2024: Macroeconomic stability in a shifting and complex global context

Latin America faced a mixed economic outlook in 2024 amid a slight global economic slowdown driven by geopolitical tensions and uneven performance among major global economies. The region’s economic growth outpaced initial projections (2.3% compared to 1.8% forecasted), supported by resilient external capital flows, robust financial systems, and monetary policies that helped bring inflation closer to target levels.

FLARblog | The adoption of Fast Payment Systems (FPS): The role of financial literacy and cash-related beliefs

FLARblog | The adoption of Fast Payment Systems (FPS): The role of financial literacy and cash-related beliefs

The financial landscape in Latin America is undergoing a transformative shift with the growing adoption of Fast Payment Systems (FPS). These systems, which facilitate real-time or near-real-time financial transactions 24/7, offer numerous advantages over traditional payment methods, such as cash and cards. With features like low transaction costs, accessibility, and immediate availability of funds, FPS is poised to revolutionize how payments are conducted.

FLARblog | Evolution and outlook for the U.S., Eurozone, and China: Mixed economic implications for Latin America

FLARblog | Evolution and outlook for the U.S., Eurozone, and China: Mixed economic implications for Latin America

Throughout the year, the global economy has experienced a slight deceleration in growth compared to 2023, accompanied by inflation rates aligning more closely with target levels. This trend has enabled central banks in the Eurozone and the United States to initiate reductions in interest rates. For Latin America, this development has led to a decline in the prices of most commodities—although they remain elevated—while external financing costs have gradually decreased, particularly in the second half of the year.