The digital money race is on, but who is really winning? Although Central Bank Digital Currencies (CBDCs) promise a new financial dawn, the reality might be very different. This article delves into why internet banking is poised to continue its dominance.
Read More
A roundup of the latest ICT/technology news from across the Caribbean region for the period Monday 31 March to Sunday 6 April 2025.
Read More
With China’s digital RMB cross-border settlement system now fully connected to the ten ASEAN countries and six Middle Eastern nations, questions must be asked about the continued utility of the SWIFT system used by financial institutions worldwide, and we in the Caribbean region could learn from this recent development.
Read More
Following up on a 2022 conversation we had about digital currencies in the Caribbean region, Dr. Jan Schröder of CaribCoin, and Rodney Taylor of the Caribbean Telecommunications Union are back to provide an update on CaribCoin, a regional stablecoin backed by Caribbean assets that will provide a faster and more cost-effective alternative for regional cross-border payments that can also foster Caribbean prosperity. Areas touched on during this conversation include: the value proposition of CaribCoin and the role it could play in strengthening the resilience of the region; success and risk factors associated with the integration of CaribCoin; the safety measures that have been put in place to foster trust in CaribCoin; and what is next for CaribCoin.
Read More
The rejection of digital wallets and contactless payment options by Jamaican merchants seems to be growing with no end in sight. Potentially, there are far-reaching implications than just requiring customers to use other forms of payment.
Read More