Diego Vera-Cossio
Senior economist at the Inter-American Development Bank specializing in social protection, financial inclusion, and digital payments; editor of the IDB report Beyond Cash on digital payments in Latin America and the Caribbean.
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Mar 19, 2026 • 30min
S7 Ep15: The rise of digital payments in Latin America
Diego Vera-Cossio, senior economist at the Inter-American Development Bank who edited the IDB report Beyond Cash, discusses the rapid spread of digital wallets and instant payments across Latin America. He highlights safety and convenience gains, surprising effects on crime and firm growth, how social transfers nudged formal borrowing, and the policy choices shaping interoperability and mass adoption.
