The interview, conducted by Renta4global Fiduciaria and published on its YouTube channel, notes: "In this fifth episode of Top Finance, our space for interviews with leaders of the financial sector, we spoke with Ana María Prieto, Director of the Payment Systems Department at Banco de la…
Payment Systems and Banking Operations
Below are the contents available on the site related to the query.
- Noticias |
- Noticias |Starting on October 6, person-to-business payments will be made through the new Bre-B button or zone provided by financial institutions on their digital channels.
Banco de la República announces that the Bre-B operation continues to progress per the established timeline. On…
- Noticias |
In 2024, Colombia’s financial infrastructure provided its services adequately, supporting the normal operation of the payment system and financial market transactions, and contributing to the preservation of financial stability.
- Publicación |Financial Infrastructure in ColombiaPayment Infrastructure in Financial MarketsIn 2024, Banco de la República’s (the Central Bank of Colombia) large-value payment system (Deposit Accounts System, CUD by its Spanish acronym) exhibited greater dynamism. The average daily value of settled transactions…
- Noticias |
- Noticias |
Cartagena, June 4, 2025
I would like to begin by expressing my gratitude for this opportunity to take part in this event, and extend a very special greeting to Mr. Jonathan Malagón, president of Asobancaria, Mr. Javier Suárez, chairman of its Board of Directors, all the…
- Publicación |
Cartagena, June 4, 2025
I would like to begin by expressing my gratitude for this opportunity to take part in this event, and extend a very special greeting to Mr. Jonathan Malagón, president of Asobancaria, Mr. Javier Suárez, chairman of its Board of Directors, all the…
- Publicación |AbstractWe examine the optimal design of central bank digital currencies (CBDCs) by focusing on two key features: the anonymity-security trade-off and the remuneration (i.e., interest rate). Building on the extended model by Agur et al. (2022), which accounts for potential negative externalities…
- Noticias |
Starting in July 2025, the way in which transfers and instant payments are made in the Colombian financial system will be transformed thanks to the launch of Bre-B. This system will enable full interoperability in the country by allowing transactions to be conducted to and from any financial…
- Noticias |Banco de la República (the Central Bank of Colombia) and Colombia Fintech held an in-depth seminar on Bre-B and its benefits for technology-intensive and financial services initiatives and companies. Interoperability and proximity to fintech companies were the key aspects of the session, which…
- Publicación |
This technical document presents Banco de la República’s analysis of the relevance and risks of issuing a Central Bank…
- Publicación |The analysis shows how the demand for cash and checks from 1923 to 2023 was shaped by economic activity, inflation dynamics, the development of the financial system, technological innovation, and significant historical shocks such as wars, political instability, or the Covid-19 pandemic.
- Publicación |Abstract
In this paper, we study the coexistence of cash and electronic payments introducing some distortions in the payments markets to understand the widespread use of cash, specially in emerging countries. Following Lagos and Wright (2005) we model explicitly some frictions in…
- Publicación |Financial Infrastructure in ColombiaPayment Infrastructure in Financial MarketsIn 2023, Banco de la República’s (the Central Bank of Colombia) large-value payment system (Deposit Accounts System or CUD in Spanish) showed greater dynamism.
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Banco de la República (the Central Bank of Colombia) manages the clearing and settlement of checks in Colombia through a retail-value payment system known as Compensación de Cheques (CEDEC-CCSD in Spanish, Clearing and Settlement System for Checks and other Physical Payment Instruments), through…
- Noticias |
The new information system that will support the services of the Central Securities Depository (DCV), a financial market infrastructure essential for the custody, clearing, and settlement of transactions on public debt securities, the fiduciary management of Colombian securities, and the…
- Publicación |
Each edition of the report has four objectives:
1) to publicize a consolidated account of how the figures for payment infrastructures have evolved with respect to both financial assets and goods and services;
2) to summarize the issues that are being debated…
- Noticias |Wide-ranging deal will see ACI build an interoperable real-time payments ecosystem in nationwide banking transformation project.
The Central Bank of Colombia, Banco de la República, today announced it is partnering with ACI Worldwide (NASDAQ: ACIW), the global leader in mission-critical,…
- Publicación |Abstract
This document reviews the potential macroeconomic effects of issuing a central bank digital currency (CBDC) for the use of individuals and businesses. A careful selection of the architecture, and the economic and technological design aspects of this digital form of central bank money…
- Publicación |
Banco de la República's monitoring of the local financial market infrastructure is an additional contribution to the country's financial stability. One of the products of that monitoring has been the Payment Systems Report, which is now known as the Financial Infrastructure Report. The change in…
