Credibanco and Brazil’s Dock Partner to Support Colombia’s Instant Payments System

Dock, a Brazil-based banking and digital funds firm, and Credibanco, a Colombian digital funds agency, have partnered to help Bre-B, a brand new prompt funds system launched by Colombia’s Banco de la República.

The initiative goals to boost the nation’s cost infrastructure by enabling safe, real-time transactions for companies and people, working 24/7.

Scheduled to launch in September 2025, Bre-B is designed to decrease transaction prices, eradicate ready instances, and enhance money move administration.

The system will utilise keys and QR codes to facilitate entry for unbanked people and companies whereas sustaining stringent safety requirements to minimise fraud and promote monetary inclusion.

“We’re dedicated to implementing an interoperable quick cost system in Colombia, an initiative led by Banco de la República by way of Bre-B,”

stated Ricardo Zambrano, President of Credibanco.

“Our partnership with Dock strengthens this nationwide effort by combining Credibanco’s experience within the Colombian market with Dock’s confirmed expertise. Our proposal is the one one that’s born 100% within the cloud, designed particularly for Bre-B, which ensures simple implementation, speedy adoption and innovation in several use instances.”

To help adoption, Credibanco will help banks, cooperatives, fintech companies, and companies all through the combination course of with technical help, onboarding instruments, and academic sources.

Credibanco’s platform is designed to course of prompt transfers with excessive safety and availability requirements. Safety stays a key precedence, and the corporate has partnered with Portugal-based Feedzai, a fraud prevention agency utilizing synthetic intelligence.

Feedzai, which has performed a task in securing Pix transactions in Brazil, will combine its expertise into Bre-B.

“The Bre-B challenge aligns with every little thing we consider in at Dock – our core mission of attaining true monetary inclusion in Latin America,”

stated Antonio Soares, CEO of Dock.

“The transformative influence of Pix in Brazil has proven us that prompt funds can change realities. With Bre-B, we reaffirm our dedication to democratising entry to monetary providers and creating alternatives for progress throughout your entire area.”

 

Featured picture credit score: edited from freepik