Banco de Bogotá expands its portfolio of treasury solutions for companies

Banco de Bogotá announced a new commitment to technological innovation to strengthen the relationship with its business clients and optimize their financial processes.

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In this way, the entity expanded its portfolio of technological integrations with the launch of a set of new APIs (Application Programming Interfaces) that allow companies to quickly and securely access the Bank’s financial services from their own systems and technological platforms.

Through the incorporation of these new solutions, Banco de Bogotá continues to consolidate itself as a leader in the digital transformation of banking services, promoting a personalized user experience aligned with the needs of each corporate client. This advance complements existing integration mechanisms, such as SWIFT, Host to Host and Web Service, and positions the Bank as a key partner for the growth and modernization of companies in the digital environment.

Innovation and efficiency

With a growing portfolio of APIs, Banco de Bogotá allows companies to efficiently and securely integrate their systems with the Bank’s services. Since its initial launch, the Bank has made available to companies a set of seven APIs, designed to facilitate the interaction of companies with the Bank’s products and services. This approach not only optimizes the internal operations of companies, but also maximizes the Bank’s offering of financial solutions, adapting them to the specific requirements of each client.

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The above has been done in alliance with ADL Digital Labs, a strategic and technological ally for Banco de Bogotá in the consolidation of “banking as a service” and open finance financial services. This collaborative work allows us to generate efficiencies in terms of scalability and ensure compliance at all times with the most robust information security and cybersecurity standards for companies and Colombians.

The bets on the Business business for 2025 are:

Payments API: The Banco de Bogotá Payments API is an innovative solution that allows companies to generate payment dispersions directly from their systems, accelerating the payment process and obtaining immediate responses on the status of transactions. This significantly improves payment reconciliation, streamlining treasury management.

Collections API: This API allows companies to centrally access all the Bank’s collection channels, facilitating the massive upload of invoices for payment. In addition, it offers agile responses on the status of invoices, optimizing cash flow management.

Factoring API: Banco de Bogotá has also developed a Factoring API, which facilitates integration with invoice negotiation platforms, offering companies new financing alternatives through the negotiation of their invoices through these platforms. This integration gives capillarity to companies where they can obtain approval of their invoices against their credit quotas, improving their liquidity and access to financing in an agile way.

Accounts API: It allows you to create payroll accounts for employee income to companies from their human management systems, allowing you to obtain the account number and improving the experience of employees entering companies by creating the account and associating it with the online agreement.

A digital future for companies

With these innovations, Banco de Bogotá reinforces its commitment to offering technological solutions that support the growth of companies in Colombia and allow them to be at the forefront in an increasingly digitalized environment. The creation of these APIs not only optimizes the daily operations of companies, but also provides them with the flexibility and agility necessary to face the challenges of the digital economy..

“At Banco de Bogotá we continue working to bring innovation to the heart of our business clients’ operations. The adoption of new technologies, such as APIs, is a fundamental part of our strategy to strengthen our relationships with companies, improve our customers’ experience and be a strategic partner in their development.”stated Alejandro Esguerra, Director of Product and Digital Strategy at Banco de Bogotá.