When a Caribbean tech entrepreneur’s e-commerce business collapses, he blames his bank. But is the bank truly at fault, or does this story expose a deeper, more systemic problem? Dive into the painful reality of securing online merchant accounts in the Caribbean and the fine line between regulation and destruction for digital businesses in our latest article.
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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.
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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.
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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.
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In our February 2025 Community Chat, and with members of the Caribbean tech community, Kira Mohammed, an e-Commerce Strategist based in Trinidad and Tobago, and Mark Codling, a PhD Candidate in GeoInformatics from Jamaica, the panel discusses the following three topics: ways AI is transforming e-commerce; AI and real-time weather; and cashless fraud.
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