Title: Launching Bre-B: Colombia’s Instant Payments Revolution with Credibanco and Dock
In a groundbreaking move, Colombia’s Banco de la República has introduced Bre-B, an innovative instant payments solution set to transform the payment landscape in the country. Partnering with renowned institutions like Credibanco and Dock, the system promises to revolutionize transfers with real-time payments, reducing costs, eliminating waiting times, and enhancing overall payment experiences.
Credibanco, a key player in electronic payments in Colombia, has joined forces with Dock, a pioneer in digital payments in Brazil and the creator of the successful Pix instant payments solution. Together, they aim to power Bre-B and usher in a new era of efficiency and security in Colombian payments.
Scheduled for launch in September 2025, Bre-B will offer businesses, companies, and individuals a seamless and secure payment experience available 24/7. By leveraging technologies like keys and QR codes, the system ensures accessibility for unbanked individuals and businesses while maintaining the highest security standards to combat fraud.
Ricardo Zambrano, President of Credibanco, expressed the company’s commitment to implementing an interoperable immediate payment system in Colombia through Bre-B. The partnership with Dock strengthens this initiative, combining Credibanco’s market expertise with Dock’s cutting-edge technology tailored for Bre-B’s needs.
To facilitate the adoption of the system, Credibanco will provide comprehensive support to its customers, guiding them through the integration process with specialized technical assistance, onboarding tools, and educational resources. The platform’s robust and scalable nature ensures secure and efficient immediate transfers, with a strong focus on fraud prevention through a partnership with Feedzai.
Antonio Soares, CEO of Dock, highlighted the alignment of the Bre-B project with the company’s mission of achieving financial inclusion in Latin America. Drawing from the success of Pix in Brazil, Dock brings its expertise in scalable solutions to enhance Credibanco’s Instant Payment System within the Bre-B ecosystem, promoting open access and tailored solutions for local needs.
With a track record of processing over 220 million monthly Pix transactions in Brazil, Dock’s technological strength and innovative capabilities will play a crucial role in the success of Bre-B. By incorporating key features that have proven effective in Pix, the partnership between Credibanco and Dock is poised to make a groundbreaking impact on instant payments in Colombia.
In conclusion, the launch of Bre-B marks a significant milestone in Colombia’s payment system evolution. With the combined expertise of Credibanco and Dock, the system promises to democratize access to financial services, promote innovation, and drive progress across the region. Stay tuned for more updates on this transformative initiative and join us in embracing the future of instant payments in Colombia. The content you provided is missing. Please provide the content you would like me to rewrite.