Credibanco and Dock Unveil Bre-B: Colombia’s New Instant Payments System
Credibanco and Dock are launching Bre-B, an instant payments solution in Colombia, in September 2025. This collaboration will provide real-time transactions, reducing costs and waiting times for users. Bre-B aims to enhance financial inclusion by being accessible to unbanked individuals and businesses, ensuring security through advanced technologies and partnerships.
Credibanco and Dock have collaborated to launch Bre-B, an innovative instant payments solution designed by Colombia’s Banco de la República. This partnership aims to enhance the payments experience in Colombia, allowing for safe and secure transfers available around the clock. Set to launch in September 2025, Bre-B seeks to transform the payment landscape by providing real-time transactions, reducing costs, and minimizing transaction waiting times.
The Bre-B system will leverage technology such as keys and QR codes to ensure accessibility for unbanked individuals and businesses, while adhering to robust security measures to avert fraud. Ricardo Zambrano, President of Credibanco, emphasized their commitment to developing an immediate payment system that is interoperable and cloud-based, ensuring swift implementation and adaptability to various use cases.
Credibanco will provide comprehensive support for its clients—comprising banks, cooperatives, fintechs, and businesses—during the integration of Bre-B. This support includes specialized technical assistance, onboarding tools, and educational resources designed to simplify the adoption process. The solution boasts a secure infrastructure, reinforced by a collaboration with Feedzai, which employs artificial intelligence for fraud prevention.
Antonio Soares, CEO of Dock, remarked on Dock’s alignment with the goals of Bre-B, aiming for financial inclusion across Latin America. He noted the success of Pix in Brazil as an example of how instant payments can transform financial realities. This partnership brings valuable experience and innovative solutions to bolster the implementation of Bre-B, reinforcing the overarching goal of promoting inclusive financial services in the region.
The collaboration aims to establish a scalable and secure payments system, drawing lessons from the impressive track record of the Pix model in Brazil. Dock’s inclusion of proven features from Pix will enhance Bre-B’s effectiveness, ensuring that the solution adequately meets local needs. Overall, this initiative stands to significantly impact the Colombian financial ecosystem by maximizing efficiency and accessibility for all stakeholders.
The collaboration between Credibanco and Dock to launch Bre-B represents a significant advancement in Colombia’s payment infrastructure. With the anticipated launch in September 2025, this initiative aims to facilitate safe and instant transactions while promoting financial inclusivity across the region. By integrating cutting-edge technology and proven strategies from Brazil’s successful Pix system, Bre-B is poised to transform the payment landscape in Colombia.
Original Source: www.prnewswire.com