Central bank confirms end of Bre-B infrastructure maintenance

Colombia's central bank announced on Sunday that scheduled maintenance on Bre-B infrastructure, the instant low-value payments system launched in October 2025, has concluded. While users were warned of possible intermittencies, no widespread disruptions were reported. Bre-B enables quick, free interbank transfers using simple identifiers like ID numbers or email addresses.

Colombia's central bank, known as the Issuer, confirmed on Sunday the completion of scheduled maintenance on Bre-B infrastructure. This system, which began operations in October 2025, facilitates instant low-value payments between financial institutions, advancing the digitization of transactions in the country.

Prior to Bre-B, interbank transfers could take hours or days and often involved high costs. Now, with free and immediate service, users can send or receive funds in under a minute. "Bre-B arrives with gratuity and immediacy. We won't have to wait more than 1 minute to receive or send low-value money deposits," explained Ana María Prieto, director of Payment Systems at the central bank.

The system uses 'keys' for identification, such as ID numbers, email addresses, or phone numbers, instead of traditional account numbers, simplifying the process. Just one day after its full rollout in October 2025, 84.7 million such keys were registered, indicating rapid adoption amid the shift from cash to digital payments.

During the maintenance, the bank warned of potential intermittencies, but no reports of widespread disruptions emerged, ensuring service continuity for millions of users.

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Illustration depicting frustrated customers and technical staff at a Bancolombia bank branch during a widespread service outage.
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Bancolombia faces technical failures in digital and physical channels

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Bancolombia bank reported service outages starting from the early morning of Monday, February 23, 2026, due to technical adjustments that did not go as planned. The entity assured that it was not a security incident and that customers' resources and information are protected. They prioritized essential operations while working on stabilization.

The Banco de la República received an award in the Central Banking Awards 2026 for the Bre-B system, in the retail payments and market infrastructure development category. This recognition highlights advances in interoperable instant payments in Colombia.

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Marcela Torres, manager of Nu Colombia, criticized the prolonged service failures at Bancolombia that affected millions of users. The bank received 1.82 million complaints at Superfinanciera by the end of 2025, accounting for 66.22% of the total. Torres called for uniform service level agreements to bolster trust in the financial system.

Ethiopia's Central Bank has unveiled a draft strategy to boost digital payments by mandating fee transparency and reducing charges for small transactions. Officials attribute persistent cash reliance to hidden costs, despite growing digital account adoption. The move aims to make digital options more accessible for millions.

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Ethiopia's interbank money market saw record-breaking overnight trading during the week of February 23 to 27, 2026. A total of 125 transactions amounted to 87.4 billion birr. This surge reflects growing confidence and experience among participants.

Ethiopia's National Bank has temporarily restricted digital payment services in applications without its license, including cryptocurrencies. This measure, based on compliance inspections, aims to safeguard financial security. The bank advises individuals to rely on verified information for transactions.

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Analysts agree that the Banco de la República's Board will keep the interest rate at 9.25% in its October 31, 2025 meeting. This stems from persistent inflation and fiscal risks, despite the recent US Federal Reserve rate cut. Annual inflation hit 5.18% in September, above the 3% target.

 

 

 

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