Connect with us

Technology

Credibanco and Dock launch instant payments solution in Colombia

Published

2 years ago

on

Colombia’s Banco de la República’s launched Bre-B, an innovative instant payments solution that will improve the payments experience.Credibanco, known for their development of instant payments in Colombia, has partnered with Dock, a pioneer of digital payments in Brazil and implementor of the successful Pix instant payments solution, to help power Bre-B.

BOGOTÁ, Colombia, Feb. 26, 2025 /PRNewswire/ — Dock and Credibanco have joined forces to support Bre-B, a new instant payments tool launched by Colombia’s Banco de la República to transform the Colombian payment system. Credibanco, recognized for creating electronic payments in Colombia, and Dock, a leader in banking and digital payments in Brazil and Pix participant, will serve as an intermediary for this innovative solution. Bre-B aims to transform the Colombian payment ecosystem by offering businesses, companies, and individuals safe, secure, and efficient transfers available 24 hours a day.

Launching in September 2025, the system will revolutionize transfers in Colombia with real-time payments, reducing transaction costs, eliminating waiting times, optimizing cash flow, and improving the overall payment experience. The use of keys and QR codes make the technology accessible to unbanked people and businesses while it adheres to the highest security standards, promoting innovation, financial inclusion and minimizing fraud.

“We are committed to implementing an interoperable immediate payment system in Colombia, an initiative led by Banco de la República through Bre-B,” said Ricardo Zambrano, President of Credibanco, “Our partnership with Dock strengthens this national effort by combining Credibanco’s expertise in the Colombian market with Dock’s proven technology. Our proposal is the only one that is born 100% in the cloud, designed specifically for Bre-B, which guarantees easy implementation, rapid adoption and innovation in different use cases.”

To facilitate the adoption of this new system, Credibanco will support its customers — banks, cooperatives, fintechs, commerce and companies — at each stage of the integration process with Bre-B through specialized technical support, onboarding tools, and educational resources to simplify implementation.

Credibanco’s solution is based on a comprehensive approach that encompasses everything from technological infrastructure to customer support. The platform is robust and scalable, allowing customers to process immediate transfers with the highest security and availability standards. Security, a key component in instant payments, is another fundamental pillar of Credibanco’s offering. To ensure maximum protection in transactions, a partnership was established with Feedzai, a company specialized in fraud prevention through artificial intelligence. Feedzai is internationally recognized for effectively protecting Pix transactions in Brazil and is now integrating with the instant payments solution in Colombia.

“The Bre-B project aligns with everything we believe in at Dock—our core mission of achieving true financial inclusion in Latin America,” said Antonio Soares, CEO of Dock. “The transformative impact of Pix in Brazil has shown us that instant payments can change realities. With Bre-B, we reaffirm our commitment to democratizing access to financial services and creating opportunities for progress across the entire region.”

The instant payment model has a proven track record of success across countries, like the success of Pix in Brazil. Dock, a strategic ally in the implementation of this system, brings its experience in scalable solutions and its knowledge of the Latin American market to enhance Credibanco’s proposal for its Instant Payment System that will be a part of the Bre-B ecosystem. This alliance will ensure open access for all stakeholders, allowing efficient implementation and development of solutions adapted to local needs.

Responsible for processing more than 220 million monthly Pix transactions in Brazil, Dock lays the foundations for a scalable and secure solution model. “It is this technological strength and innovative capability of Pix that we are bringing to Colombia,” added Soares.

The two companies will incorporate key features that have contributed to Pix’s success, while undoubtedly making a positive and groundbreaking impact on Bre-B.

About Credibanco
Credibanco is a Colombian company, supervised by the Financial Superintendence, with over 52 years of experience. It is a pioneer and leader in the country’s electronic payments sector. With a technological and innovative approach, the company offers agile and secure solutions through multiple channels—both online and offline—supporting the digital transformation of Colombian businesses and promoting formalization and financial inclusion.

About Dock
Dock provides technology for payments and banking in Latin America. The firm is a pioneer and at the forefront of advancing digital financial services in the region. For more than 20 years, it has fulfilled its mission of democratizing access to financial services, promoting the inclusion of millions of unbanked and underbanked people.

Dock launched Dock One, the only end-to-end platform in Latin America that brings together card issuance, digital banking, credit, fraud prevention and acquiring solutions, accelerating companies’ ability to offer innovative services to their customers. Dock manages technology, operations, and regulatory complexity so clients can focus on growing their businesses. The company operates 75 million active accounts and more than eight billion annual transactions.

Media Contact
Kristina Corso
dock@prosek.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/credibanco-and-dock-launch-instant-payments-solution-in-colombia-302386461.html

SOURCE Dock

Related Topics:
Continue Reading

Technology

BCE reports results of Series S and T preferred share conversions

Published

1 hour ago

on

October 19, 2026

By

MONTRÉAL, Oct. 19, 2026 /CNW/ — BCE Inc. (TSX: BCE) (NYSE: BCE) today announced that 400 of its 4,798,333 fixed-rate Cumulative Redeemable First Preferred Shares, Series T (“Series T Preferred Shares”) have been tendered for conversion on November 2, 2026, on a one-for-one basis, into floating-rate Cumulative Redeemable First Preferred Shares, Series S (“Series S Preferred Shares”). In addition, 676,765 of its 1,866,877 Series S Preferred Shares have been tendered for conversion on November 2, 2026, on a one-for-one basis, into Series T Preferred Shares. Consequently, on November 2, 2026, BCE will have 5,474,698 Series T Preferred Shares and 1,190,512 Series S Preferred Shares issued and outstanding. The Series T Preferred Shares and the Series S Preferred Shares will continue to be listed on the Toronto Stock Exchange under the symbols BCE.PR.T and BCE.PR.S, respectively.

The Series T Preferred Shares will pay on a quarterly basis, for the five-year period beginning on November 2, 2026, as and when declared by the Board of Directors of BCE, a fixed cash dividend based on an annual fixed dividend rate of 5.523%.

The Series S Preferred Shares will continue to pay a monthly floating adjustable cash dividend for the five-year period beginning on November 2, 2026, as and when declared by the Board of Directors of BCE. The monthly floating adjustable dividend for any particular month will continue to be calculated based on the prime rate for such month and using the Designated Percentage for such month representing the sum of an adjustment factor (based on the market price of the Series S Preferred Shares in the preceding month) and the Designated Percentage for the preceding month.

About BCE
BCE is Canada’s largest communications company1, leading the way in advanced fibre and wireless networks, enterprise services and digital media. By delivering next-generation technology that leverages cloud-based and AI-driven solutions, we’re keeping customers connected, informed and entertained while enabling businesses to compete on the world stage. To learn more, please visit Bell.ca or BCE.ca.

1 Based on total revenue and total combined customer connections.

Media inquiries:
Ellen Murphy
media@bell.ca

Investor inquiries:
Krishna Somers
krishna.somers@bell.ca

View original content:https://www.prnewswire.com/news-releases/bce-reports-results-of-series-s-and-t-preferred-share-conversions-302913268.html

SOURCE BCE Inc.

Continue Reading

Technology

3M announces collaboration with GSEO to advance Expanded Beam Optical manufacturing and development

Published

2 hours ago

on

October 19, 2026

By

ST. PAUL, Minn., Oct. 19, 2026 /PRNewswire/ — 3M (NYSE: MMM) today announced a collaboration with Genius Electronic Optical Co., Ltd. (GSEO, Taiwan: 3406), an optical technology company, to advance technology development and manufacturing for 3M’s Expanded Beam Optical (EBO) solutions. In support of these efforts, 3M expects to make a strategic investment to acquire approximately 4.7% of GSEO’s common shares as part of the company’s private placement of newly issued shares, subject to customary closing conditions.

The collaboration brings together 3M’s EBO technology leadership, optical interconnect expertise, materials science, manufacturing scale and customer relationships with GSEO’s precision optics manufacturing capabilities and production scale. Together, the companies aim to support EBO commercialization and long-term capacity expansion to meet growing demand from hyperscale data centers and other advanced connectivity applications.

“3M is investing in capabilities and partnerships that can accelerate innovation for our customers,” said William Brown, 3M Chairman and CEO. “By selecting GSEO as a manufacturing partner and investing in the company, we are strengthening the path to scale next-generation optical connectivity solutions for high-performance data center infrastructure.”

GSEO’s existing precision optics manufacturing capabilities and technical development experience are expected to support manufacturing readiness for 3M’s EBO ferrules, co-packaged optics solutions and related optical interconnect applications. The collaboration is part of 3M’s broader EBO ecosystem strategy, which includes continued work with customers and partners across the optical interconnect market.

“GSEO is pleased to expand its relationship with 3M as we work together to advance optical interconnect solutions for next-generation data center infrastructure,” said Micro Kuo, GSEO CEO and President. “This collaboration brings together complementary technology and manufacturing strengths to support continued innovation and help meet the performance demands of high-growth connectivity markets.”

3M expects the strategic investment to close in the fourth quarter of 2026, subject to customary closing conditions.

Forward-Looking Statements
Certain statements in this release are considered “forward-looking statements” under the federal securities laws, including the Private Securities Litigation Reform Act of 1995, as amended, and are intended to enjoy the protection of those laws. Forward-looking statements may appear throughout this release and are typically identified by the words “aim,” “anticipate,” “believe,” “can,” “continue,” “could,” “estimate,” “evaluate,” “expect,” “forecast,” “future,” “goal,” “guidance,” “impact,” “initial,” “intend,” “likely,” “may,” “outlook,” “plan,” “possible,” “potential,” “predict,” “probable,” “project,” “seek,” “should,” “strategy,” “target,” “will,” “would,” and other words that are similar to, or have the opposite meanings of, those words. Forward-looking statements speak only as of the date they are made, 3M assumes no duty to update those statements, and readers are cautioned not to place undue reliance on any of those statements. Forward-looking statements are based on certain assumptions and expectations of future events and trends that are subject to risks and uncertainties, including those described in Part I, Item 1A, “Risk Factors” of 3M’s Form 10-K for the year ended December 31, 2025.

About 3M
3M (NYSE: MMM) is focused on transforming industries around the world by applying science and creating innovative, customer-focused solutions. Our multi-disciplinary team is working to solve tough customer problems by leveraging diverse technology platforms, differentiated capabilities, global footprint, and operational excellence. Discover how 3M is shaping the future at 3M.com/news.

Contacts
3M
Investor Contact:
Diane Farrow, 612-202-2449
Media Contact:
3MNews@mmm.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/3m-announces-collaboration-with-gseo-to-advance-expanded-beam-optical-manufacturing-and-development-302913170.html

SOURCE 3M Company

Continue Reading

Technology

Scott Vicknair Personal Injury Lawyers Announces Second Annual Operation Fur-Ever Home Pet Adoption Event at Lafreniere Park

Published

2 hours ago

on

October 19, 2026

By

NEW ORLEANS, Oct. 19, 2026 /PRNewswire/ — Scott Vicknair Personal Injury Lawyers is excited to announce the return of its second annual Operation Fur-Ever Home, a free community pet adoption event taking place on Saturday, November 14, 2026, from 9:00 a.m. to 11:00 a.m. at Lafreniere Park in Metairie, Louisiana.

The free, family-friendly event will give attendees the opportunity to meet adoptable pets from local animal shelters, learn about responsible pet ownership, and potentially welcome a new furry companion into their homes. Those who preregister for the event will also be entered for a chance to win a Soundcore speaker and a free pet adoption.

“Last year’s event was everything we hoped it would be, and we are incredibly excited to bring Operation Fur-Ever Home back for a second year,” said David Vicknair, founding partner of Scott Vicknair Personal Injury Lawyers. “There is something special about watching a family meet a pet that could become part of their lives for years to come. We wanted to create another opportunity to make those connections while supporting the organizations that work tirelessly to care for animals in our community.”

Building on the success of the first event, this year’s event continues the firm’s commitment to supporting local animal shelters and creating meaningful opportunities for families throughout Southeast Louisiana.

“Giving back to our community has always been an important part of who we are as a firm,” said Vicknair. “Whether we are helping students prepare for school, recognizing deserving teachers, or supporting local animal shelters, our goal is to make a positive difference in the communities we serve.”

Operation Fur-Ever Home is free and open to the public. Families, animal lovers, and anyone interested in adopting a pet are encouraged to attend and preregister.

About Scott Vicknair Personal Injury Lawyers

Scott Vicknair Personal Injury Lawyers is a New Orleans-based personal injury firm committed to providing exceptional legal representation while also investing in the communities it serves. Their experienced team of dedicated attorneys specializes in car accidents, personal injury, and wrongful death cases in New Orleans. With diverse personal and professional backgrounds, they craft legal strategies tailored to each client’s specific case and needs.

View original content:https://www.prnewswire.com/news-releases/scott-vicknair-personal-injury-lawyers-announces-second-annual-operation-fur-ever-home-pet-adoption-event-at-lafreniere-park-302913183.html

SOURCE Scott Vicknair Personal Injury Lawyers

Continue Reading

Trending