A roundup of the latest ICT/technology news from across the Caribbean region for the period Monday 14 August to Sunday 20 August 2023.
Monday, 14 August 2023
The impending impact of AI on financial markets
Bahamas – In a world where technology continues to evolve at an unprecedented pace, recent advances in Artificial Intelligence (AI) are poised to reshape the landscape of financial markets… more
Hands on: Samsung’s Galaxy Watch 5
Caribbean – LAST MONTH, Samsung announced a new version of their Galaxy smartwatch with availability from August 11… more
Digital directory of skilled, trained caregivers launched
Guyana – In an ever-changing world, the demand for compassionate caregivers remains unwavering… more
Tuesday, 15 August 2023
Bankman-Fried accused of using $100 million in FTX customer funds for political contributions
Bahamas – US federal prosecutors allege that embattled FTX founder Sam Bankman-Fried used misappropriated customer funds to make more than $100 million in political campaign contributions… more
PM says FTX collapse ‘challenging’, but touts regulatory system
Bahamas – The collapse of cryptocurrency exchange FTX was a “challenging” experience, Prime Minister Philip Davis told the Trinidad and Tobago Coalition of Services Industries on Friday, as he touted The Bahamas’ evolving framework on digital assets… more
Wednesday, 16 August 2023
Mastercard sees increased use of AI strategies
Caribbean – Business plans and business strategies generated by artificial intelligence (AI) could potentially reshape approaches undertaken by both large and small businesses soon… more
The 19th Caribbean Internet Governance Forum
Caribbean – The digital age is upon us, and with it comes the need for robust governance, especially in the realm of the Internet. The Caribbean region, with its diverse cultures and economies, is no exception… more
Is Lynk gaining traction? NCB-powered service mulls staff-cutting exercise
Jamaica – Lynk mobile wallet solution introduced by fintech TFOB (2021) Limited, a subsidiary of NCB Financial Group Limited, is currently undertaking strategic workforce adjustments among other efficiency improvement initiatives… more
One on One readies new e-learning solution
Jamaica – E-learning solutions provider One on One Education Limited is readying its latest learning management software, Teacher Availability Solutions (TAS), just in time for the new school year… more
Sint Maarten’s Grand Vision: A Beacon of Innovation in the Caribbean.
Sint Maarten – Introduction: As Sint Maarten stands at a critical juncture, the need for a transformative and visionary outlook becomes ever more apparent. Claude Wathey’s vision, though once relevant and beneficial to the island, has now reached its limits… more
Thursday, 17 August 2023
Bahamas must close cyber security ‘gaps’
Bahamas – A cyber security specialist yesterday said The Bahamas must close “gaps” in its legal and regulatory framework dealing with online crime if it is to strengthen the country’s Computer Incident Response Team (CIRT)… more
Cryptocurrency regulations evolving, says Bahamian PM
Bahamas – The Bahamas, in 2020 dared to make themselves the location for cryptocurrency transactions through its Digital Assets and Registered Exchanges (DARE) act in 2020, welcoming cryptocurrency companies such as FTX to its shores to do business in the digital currency… more
CTU & Partners advance Caribbean internet governance priorities in the region
Caribbean – The multi-stakeholder Caribbean Internet Governance Forum (CIGF) returns with its 19th edition and the multi-stakeholder 2nd Caribbean Youth Internet Governance Forum (CYIGF) from 22nd to 24th August 2023… more
CTU joins Carib$ advisory group
Caribbean – The Caribbean Telecommunications Union (CTU) is pleased to announce that it will join the Advisory Group for Carib$ to further explore the development of Carib$ to facilitate financial transactions amongst businesses in CARICOM states. CTU and Abed Ventures 2 have signed an MOU on 4th August 2023, defining details of their relationship… more
Internet governance: Roadmap for the future, Caribbean forum to host hybrid event
Caribbean – The digital age is upon us, and with it comes the need for robust governance, especially in the realm of the internet… more
ibex recruits Nicola James from competitor, itel
Jamaica – ibex, a leading global provider of business process outsourcing (BPO) and customer engagement technology solutions today announced that Nicola James has been appointed Vice President, Operations, of ibex in Jamaica… more
iCreate’s Tyrone Wilson out
Jamaica – iCreate announced this evening that founder Tyrone Wilson has resigned with immediate effect from his positions as President, CEO, and Director… more
Norman Chen confirmed as tTech CEO
Jamaica – After acting in the position of Chief Executive Officer (CEO) of Information Technology (IT) firm, tTech Limited since last December, Norman Chen has been confirmed in the post… more
Friday, 18 August 2023
Champion Robotics Team Visit Belize High School
Belize – A robotics team from the United States concluded a visit to Belize today. BrainSTEM, the State and World Champions FTC, has partnered with the Belize High School Robotics team to demonstrate FIRST Core Values as they relate to discovery, innovation, impact, inclusion and teamwork… more
FLOW slapped with $400,000 fine for unapproved price increase
Cayman Islands – Cayman telecoms provider FLOW has been slapped with a record $400,000 fine for overcharging customers over a three-year period… more
Youngsters crack code to jobs of the future
Cayman Islands – Carmen Ebanks struggles to contain her enthusiasm as she describes the computer game she is making in an excited stream-of-consciousness narrative… more
Jamaican tech start-ups secure major investment, acceleration opportunity with TechStars New Orleans
Jamaica – Four Jamaican entrepreneurs from three innovative tech start-ups have embarked on an exciting journey of growth and development, as they kick off their participation in the TechStars New Orleans programme… more
More delays for iCreate in publishing 2022 annual report
Jamaica – iCreate has advised of a further delay in the publication of its annual report and audited financial statements for the year ended December 31, 2022… more
tTech’s half-year profit up 27 per cent
Jamaica – Managed IT services provider tTech Limited at the end of the six months ended June saw its profit jump 26.6 per cent to total $11.8 million, reversing losses incurred for the same period in 2022… more
One to One Laptop Programme to launch in September
Saint Kitts and Nevis – As students across the federation prepare to return to school in September, the Ministry of Education in the federal administration is preparing to launch its One to One Laptop Programme… more
Banks warn of social media scams
Trinidad and Tobago – The Bankers Association of Trinidad and Tobago (BATT) and its members are warning of an Instagram account sharing false information about a partnership with commercial banks in an attempt to solicit funds from unsuspecting people… more
Saturday, 19 August 2023
UNICEF warns against fraudulent link circulated on social media
Guyana – UNICEF Guyana on Friday has cautioned the public about a fraudulent website and social media accounts that are using the name of UNICEF Latin America and the Caribbean in order to defraud people and steal their personal information… more
Sunday, 20 August 2023
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Images credit: studio (freepik); Wikimedia Commons; One on One (LinkedIn); CTU (Facebook); Flow (Facebook)
