In a strategic move to enhance its payment services, the Banco de la República de Colombia has announced a partnership with ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions.

ACI Worldwide is renowned for its cutting-edge technology and expertise in the banking industry. They offer a wide range of solutions for real-time payments, digital banking, fraud prevention, and more. This collaboration will enable Banco de la República de Colombia to leverage ACI’s advanced solutions to strengthen its payment infrastructure and provide superior services to its customers.

“We are thrilled to join forces with ACI Worldwide,” said Juan José Echavarría, Governor of Banco de la República de Colombia. “Their innovative payment solutions align perfectly with our vision to modernize our banking system and deliver efficient, secure, and seamless payment processing for our customers.”

Key Benefits of the Partnership

• Enhanced payment services: Banco de la República de Colombia will be able to offer real-time payments, enabling customers to make instant transactions and experience faster fund transfers.
• Improved fraud prevention: ACI’s advanced fraud detection and prevention tools will empower the bank to protect its customers’ accounts and sensitive information from fraudulent activities.
• Seamless customer experience: The partnership will lead to a more user-friendly digital banking experience, ensuring customers have a hassle-free and convenient payment journey.
• Increased system efficiency: ACI’s robust solution will optimize Banco de la República de Colombia’s payment infrastructure, ensuring faster processing times, and reducing operational costs.

“By collaborating with ACI Worldwide, we are taking a significant step forward in our ambitious digital transformation journey,” said Maria Victoria Otero, Head of Banking Services at Banco de la República de Colombia. “This alliance will empower us to deliver innovative payment solutions that cater to the evolving needs of our customers.”

The partnership between Banco de la República de Colombia and ACI Worldwide is expected to drive significant advancements in the country’s payment ecosystem. With ACI’s extensive experience and state-of-the-art technology, the bank is set to strengthen its position as a leading provider of banking services in Colombia.

As digital payments continue to grow in prominence, Banco de la República de Colombia’s collaboration with ACI Worldwide will undoubtedly bring greater convenience, security, and efficiency to its customers, contributing to the nation’s economic progress and financial stability.