Monday, 9 September 2024

‘Remarkably favourable’ multi billion gain for FTX creditors

Bahamas – FTX’s Bahamian liquidators are asserting that the failed crypto exchange’s creditors and customers will enjoy “a remarkably favourable outcome” via a multi-billion interest gain while recovering all their principal… more

Why cash is king in Trinidad and Tobago

Trinidad and Tobago – Last month, the TT International Finance Centre (TTIFC) issued a summary of the results of its survey of financial inclusion in this country… more

Tuesday, 10 September 2024

CaribNOG brings cutting-edge tech meet to Curacao this month

Curaçao – From September 19 to 20, Curacao will be at the center of regional technology innovation as it hosts the twenty-eighth assembly of the Caribbean Network Operators Group (CaribNOG). This unique professional association is a spirited volunteer-driven community committed to strengthening the Caribbean’s Internet infrastructure… more

Cyberspace is becoming a dark place

Guyana – The notion that cyberspace should exist in some fictional realm, free from the meddling hands of governments and regulatory authorities, is as fanciful as believing that international waters are a pirate’s playground immune to the reach of the law.  Cyberspace is a real place that is becoming, increasingly a dark place… more

CONATEL closes 5 illegal radio stations and demands corrections from 23 legal stations

Haiti – The General Directorate of the Executive Body of the National Telecommunications Council (CONATEL) informs that, following a new complaint from the National Office of Civil Aviation (OFNAC) concerning radio interference on aeronautical links, in the Departments of the Center and the North (Mirebalais, Hinche, Cap-Haïtien), a technical team was dispatched during the period from August 25 to September 1st, 2024 to resolve this problem… more

Flow Statement on Island-wide Outage

Saint Lucia – At around 7:00 PM on September 7, 2024, Flow customers encountered a temporary outage that impacted all services, including Entertainment, Fixed Broadband, Fixed Voice, IP & DATA, IP Transit, and Mobile… more

Wednesday, 11 September 2024

BTC and BCPMU sign historic 4-year industrial agreement

Bahamas – Following months of negotiations and discussions, BTC and its union partner, The Bahamas Communications and Public Managers Union (BCPMU), made it official, inking a new industrial agreement between both parties… more

BTC middle managers gain 10% base pay rise

Bahamas – Middle managers at the Bahamas Telecommunications Company (BTC) yesterday signed an “historic” industrial deal that includes a 10 percent base pay increase over its four-year term… more

BTC signs four-year industrial agreement with BCPMU

Bahamas – THE Bahamas Telecommunications Company (BTC) and the Bahamas Communications and Public Managers Union (BCPMU) signed a four-year industrial agreement yesterday… more

‘Cart before the horse’ over $377m FTX Bahamas fight

Bahamas – FTX’s Bahamas liquidators yesterday accused a failed crypto bank’s administrator of “putting the cart before the horse” in an escalating legal battle over a $377.419m claim against the collapsed exchange… more

ESPN Extra announced C&W Communications in time for English Premier League (EPL)

Caribbean – C&W Communications, which operates Flow, Flow Business, C&W Business, and BTC is promising football enthusiasts an expanded viewing experience as the English Premier League (EPL) with the introduction of a new channel, ESPN Extra… more

itel call centre to close its doors in Guyana

Guyana – Just some three-plus years after establishing its large customer call centre in Guyana, Jamaica-based itel has announced plans to close its operations in the country, leaving hundreds facing unemployment in what will be a blow to the government which has been seeking to expand the sector… more

UK to expand digital authorization for travellers from Guyana, other countries

 Guyana – The UK government is taking major steps towards delivering its  aim to digitise the UK border and immigration system and yesterday set out new implementation dates for the electronic travel authorisation (ETA) scheme… more

MSMEs urged to embrace e-commerce

Jamaica – DIGITAL experts are encouraging local businesses to embrace e-commerce to tap into export opportunities, cautioning that other countries are already ahead in this space… more

SCOTIA WOOS APPLE PAY

Jamaica – Jamaicans will gain access to Apple Pay in 2025 when the Bank of Nova Scotia Jamaica (BNSJ) becomes the first local bank to partner with the US$3 trillion giant… more

Enhancing security, digital transformation, and economic efficiency

Trinidad and Tobago – FOR the upcoming budget, the American Chamber of Commerce of Trinidad and Tobago (Amcham T&T) is calling on the Government to enhance national security measures by introducing a comprehensive maintenance plan for crime detection and enforcement equipment and implementing advanced DNA (deoxyribonucleic acid) testing and forensic capabilities… more

Thursday, 12 September 2024

‘School safe’ after social media alarm

Bahamas – CONCERNING social media posts from 9th grade Lyford Cay International School students prompted a police investigation… more

IGT Coding & Robotics Rock! Camp equips youth for new school year

Sint Maarten – A student from the St. Maarten Youth Council eagerly awaits the start of a coding session during the IGT Coding and Robotics Rock! Camp… more

Friday, 13 September 2024

Network Engineer Byron Sierra Inspires STEM Studies Class at St. Ignatius High School, Santa Elena Town, Cayo District, Belize C.A.

Belize – Nеtwоrk еngіnееr Вуrоn Ѕіеrrа vіѕіtеd Ѕt. Іgnаtіuѕ Ніgh Ѕсhооl’ѕ ЅТЕМ Ѕtudіеѕ сlаѕѕ оn 12th Ѕерtеmbеr 2024, whеrе hе ѕhаrеd hіѕ саrееr јоurnеу аnd іnѕіghtѕ wіth аѕріrіng еngіnееrѕ… more

Cayman’s connectivity now at full strength following Maya-1 repairs

Cayman Islands – Cayman’s recent outages of international internet connectivity have come to an end with the completion of repairs to the Maya-1 undersea cable, utilities regulator OfReg has announced… more

DNO Alert: DNO not linked to fake news about Matt Peltier

Dominica – It has been brought to the attention of Dominica News Online (DNO) that a fake news article about talk show host, Matt Peltier that has been circulating on WhatsApp and other social media platforms, has been attributed to our news outlet… more

Eastern Caribbean Supreme Court advances in digital transformation

Caribbean – As the Eastern Caribbean Supreme Court (ECSC) progresses into the realm of digitalization with the third and final module of the E-litigation portal officially launched in Dominica, even further advancement appears to be underway… more

Digital Diplomacy: Grenada’s opportunity to lead Caricom into the future

Grenada – In an era where digital innovation is key to national development, Grenada, under the leadership of Prime Minister Dickon Mitchell, is uniquely positioned to pioneer a novel model for international cooperation: Digital Diplomacy… more

Insurance sector main target for cyberattacks

Trinidad and Tobago – WHILE data on cyber risks in this country are limited, evidence and public reports suggest that firms have been experiencing various types of cybercrime, including ransomware, phishing, and data breaches, leading to significant losses, according to the Central Bank’s latest financial stability report… more

Why I am leaving Trinidad and Tobago after 10 years

Trinidad and Tobago – IN a candid discussion on X, Kyle Maloney, co-founder of Tech Beach, captured a sentiment that resonates with many in our nation today: “I see many people struggling to find their footing in Trinidad, and I know that if they changed their location, they would thrive, big time.” … more

                                                                                         Saturday, 14 September 2024

– Nil –

Sunday, 15 September 2024

Digital transformation will have cybersecurity edge: govt tech officer

Barbados – Barbados is on the brink of a sweeping digital transformation, with a particular focus on enhancing its cybersecurity infrastructure, the government’s chief technological officer has said… more

Guyana Cybercrime Law Will Only Apply To Criminals, Says Minister.

Guyana – Dr Bharrat Jagdeo, General Secretary of the ruling People’s Progressive Party , has repeated that the move to amend the Cybercrime Act of 2018 is not intended to stifle online discourse among Guyanese, but it is intended to target online criminal activities such as child pornography… more

Flow bids farewell to 2 respected managers at special retirement ceremony

Jamaica – Flow Jamaica recently hosted a retirement event for Opal Neil, former Senior Manager Regulatory Affairs and Juliet Best, former Manager Regulatory Compliance. These two former members of the Legal and Regulatory team dedicated many years of expertise and guidance to the company and its affiliate, Cable & Wireless Communications… more

Digital health education platforms for schools

Jamaica – With the ever-increasing incidence of non-communicable diseases, there is a critical need for more ways to deliver comprehensive health education… more

JBDC aiming to alleviate MSMEs’ anxiety amid digital transformation push

Jamaica – The Jamaica Business Development Corporation (JBDC) is optimistic that the Digital Jamaica Summit & Showcase hosted at the Jamaica Pegasus Hotel recently will offset some of the anxiety among Micro, Small and Medium-sized Enterprises (MSMEs) as they seek to go digital with their operations… more

PRISON CELL DISCONNECT

Jamaica – A law enacted nearly three years ago to stem the influx of cell phones in prisons has failed its first test, forcing a prosecutor to end the trial of a prisoner who was purportedly discovered with two mobile devices in his cell at a maximum-security facility… more

Y Smart Data launches address database, will help reduce insurance fraud

Jamaica – Y Smart Data has introduced its curated address database for the island, highlighting the benefits for the insurance industry… more

Image credits: kalhh (Pixabay); Wikipedia; BTC (Facebook); CompaniesLogo; Wikipedia; Wikimedia Commons

Monday, 2 September 2024

Managers union, BTC agree to new industrial agreement

Bahamas – The Bahamas Communications and Public Managers Union (BCPMU) and Bahamas Telecommunications Company (BTC) have agreed to a new industrial agreement (IA)… more

Telecommunications Minister, Chekira Lockhart visits ECTEL headquarters in St. Lucia

Dominica – The Minister for Telecommunications, Honourable Chekira Lockhart-Hypolite, visited the team at the Eastern Caribbean Telecommunications Authority (ECTEL) in St. Lucia, in her role as the chairperson of ECTEL’s Council of Ministers. This significant visit aimed to engage with the staff, celebrate their achievements and address the challenges facing the evolving electronic communications sector… more

Artificial intelligence, new tech solutions part of 2025 Energy Conference

Guyana – The 2025 Guyana Energy Conference and Supply Chain Expo will be held from February 18 to 21 and a focus on artificial intelligence (A.I.) alongside new technology solutions are expected… more

Tuesday, 3 September 2024

Flow announces broadcast of English Premier League for Caribbean

British Virgin Islands – Local and regional telecommunications provider Flow announced on Monday, September 2, the launch of ESPN Extra this year, along with the broadcasting of the 2024-2025 season of the English Premier League (EPL) on ESPN and ESPN 2… more

NBVI partners with Mastercard for fast and secure cross-border payments

British Virgin Islands – Today, the National Bank of Virgin Islands (NBVI) announces the implementation of Mastercard Cross-Border Services, a service within the Mastercard Move portfolio of money transfer solutions… more

Warning sounded over cybercrime

British Virgin Islands – Businesses in the Virgin Islands have been warned of a rising wave of cybercrime sweeping across the Caribbean… more

Regional outsourcer itel increasing Jamaica’s 2000-strong workforce

Jamaica – International business process outsourcer itel has plans to grow its Jamaican staff complement that numbers almost 2,000 employees after securing accounts with two new clients… more

Flow raising late fees at start of October

Trinidad and Tobago – The telecommunications provider Flow will be increasing its late fees, effective October 1… more

Wednesday, 4 September 2024

HRMAB warns of AI threat to jobs

Barbados. – Many jobs in Barbados may be on the line with the introduction of artificial intelligence (AI)  and technological advancements in businesses… more

Campers Showcase Skills In Robotics

Barbados – Enthusiasm, excitement and technology came together recently when over 75 students of the Barbados Junior Robotics Camp had the opportunity to showcase what they had learnt to an audience which included parents and sponsors of the camp… more

CXC upgrading offerings with new digital practitioner course for educators

Caribbean – The Caribbean Examinations Council (CXC®) has updated its Professional Learning Institute (PLI) to enhance the skills and training of educators throughout the region… more

Grenada to develop policy on drone use

Grenada – Grenada, through the Ministry of National Security, is to develop rules and policies pertaining to the use of drones. These guidelines will focus on identifying no fly zones as well as applying drone technology to assist with improving healthcare… more

AI could revolutionise Court of Appeal, claims chief justice

Jamaica – Jamaica’s Court of Appeal is “ideally placed” for the use of artificial intelligence (AI) in the settlement of cases, Chief Justice Bryan Sykes has asserted… more

BOJ update on Jam-Dex

Jamaica – The Bank of Jamaica (BOJ) has successfully completed the pilot of a dynamic QR code to allow for Jamaica’s central bank digital currency (CBDC) Jam-Dex to be accepted by merchants at point of sale (POS) machines, but there are further delays which will slow the roll out to the public… more

GraceKennedy’s Digital Factory inspires next-gen innovators

Jamaica – In keeping with its focus on bridging the digital literacy and skills gap, the GraceKennedy (GK) Digital Factory recently hosted a back-to-school mentorship day for students aged 9-16 years, under the theme: Innovators of Tomorrow: Discovering Digital Careers… more

JBDC survey reveals digital divide

Jamaica – A recent Jamaica Business Development Corporation (JBDC) survey has revealed that a moderate 32.44 per cent of respondents use digital technologies daily and understand their benefits… more

Why can’t we scan cheques with our phones in Jamaica?

Jamaica – While there have been several advancements by Jamaican banks over the last decade, a question that puzzles many persons is why they can’t simply deposit their cheques to their bank account using their smartphone? This already exists in North America and Europe, so why not in Jamaica?… more

NTRC & City Wifi review progress in SKNIX and Digital Services Network advancements

Saint Kitts and Nevis – St. Kitts and Nevis (WINN):  In July 2024, the National Telecommunications Regulatory Commission (NTRC) of St. Kitts and Nevis, led by CEO Ervin Williams, visited the Department of Technology to assess the development of the Internet Exchange Point (IXP) project and the Digital Services Network (DSN). Zach Newman, Director of City Wifi, the first Internet Service Provider (ISP) connected to the  St. Kitts and Nevis Internet Exchange (SKNIX), also participated in the visit… more

Is the Crime Hotline App a Hit

Saint Lucia – The Royal Saint Lucia Police Force (RSLPF) is encouraging individuals to make use of its crime hotline app as Saint Lucia continues to record homicides and other violent incidents… more

‘Artificial Intelligence vs Human Intelligence’

Trinidad and Tobago – Artificial Intelligence (AI) has the potential to save lives, improve food security and make energy production more efficient and sustainable, all the while reducing the costs of doing business in T&T… more

TT central bank allows company to issue electronic money

Trinidad and Tobago – The Central Bank of Trinidad and Tobago (CBTT) says it has issued a issued a provisional registration to Massy Remittance Services (Trinidad) Ltd (MRSTL) to issue electronic money (e-money) for a six-month period… more

Thursday, 5 September 2024

Sagicor Bank named Barbados’ ‘best consumer digital bank’

Barbados – Global Finance magazine has named Sagicor Bank (arbados) the ‘best consumer digital bank’ in Barbados in its 2024′World’s Best Consumer Digital Bank Awards’ for the Latin America region… more

New cybercrime law will target criminals, not free speech – Jagdeo

Guyana – Vice President Dr. Bharrat Jagdeo on Thursday assured citizens that recent revelations that the government intends to amend Guyana’s cybercrime laws are not aimed at curbing free speech… more

FAO Pilots Online Project to Assist Farmers

Jamaica –  The Food and Agriculture Organization of the United Nations (FAO) is piloting a Digital Services Portfolio (DSP), which has been introduced to 42 farmers from Mile Gully in Manchester, via two workshops… more

TELEM financial woes worsen, company in jeopardy since the publication of CEO position.

Sint Maarten – The financial situation of the country’s telephone company, TELEM, has worsened in recent months. TELEM is finding it difficult to pay its creditors due to the lack of proper cash flow… more

Can Trinidad and Tobago really go cashless?

Trinidad and Tobago – I had intended to write on the re-aligned feminisation of poverty this week but the headlines in the press about the results of the CSEC maths and English exams took precedence… more

TSTT, SOGET partner to make port operations more efficient

Trinidad and Tobago – THE majority state-owned telecommunications company TSTT has partnered with an international ports service provider to make Trinidad and Tobago’s port operations more efficient… more

Friday, 6 September 2024

Pilot project for digital progress tests successful in schools

Curaçao – Several schools participated in a pilot project last week for the digital administration of Progress Tests in Papiamentu and Dutch. According to the Ministry of Education, Science, Culture, and Sports, students from Mgr. Niewindt College, St. Antonius College, St. Paulus College, and Kolegio Sta. Rosa de Lima were highly enthusiastic after taking the digital tests… more

Guyana’s New Cybercrime Act Will Not Affect Freedom Of Expression, Says Minister.

Guyana – The General Secretary of the People’s Progressive Party  Dr. Bharrat Jagdeo has made it clear that the move to align the Cybercrime Act cyberspace with the United Nations Convention, will not infringe upon the rights of social media influencers or ordinary citizens… more

Allow payment of tax online

Trinidad and Tobago – THE EDITOR: On September 5, chaos erupted at the Board of Inland Revenue as long lines formed for property tax payments, leading to frustration among taxpayers and staff alike… more

Saturday, 7 September 2024

Amendments to Cybercrime Act will not target social media commentators – Jagdeo

Guyana – Vice President (VP) Bharrat Jagdeo on Thursday reassured that the amendments to the Cybercrime Act are not aimed at targeting social media commentators or ordinary citizens who air their views… more

GTT rebrands as ONE Communications

Guyana – In a move to expand and unify its communication services, the Guyana Telephone and Telegraph (GTT) on Thursday officially rebranded as ‘ONE Communications’… more

Financial app helps educator actualise wealth plan 

Jamaica – Being able to receive a decision on his loan application in mere minutes was a major boon for Kingston-based mathematics educator Matthew Johnson* who was able to acquire financing recently quickly via a secure financial app. He never needed to wait in line at a bank and the process was seamless. As a result, he was able to cash in on a deal to keep alive his ambitions of becoming a homeowner… more

Sunday, 8 September 2024

Digitization and teachers

Caribbean –  Exactly what Caricom heads of government will be doing at their next meeting discussing the CXC Mathematics performance this year is not something which is altogether comprehensible… more

Click, connect and DIY

Jamaica – AFTER years of requiring in-branch visits for people to open new accounts, more financial institutions are embracing technology to allow new clients to be onboarded digitally… more

Images credit: Bank Phrom (Unsplash); ECTEL; Wikipedia; Bank of Jamaica; Telem Group; Stabroek News

Monday, 12 August 2023

Practical steps to reducing cybersecurity risks

Caribbean – On Thursday, the Caribbean Chapter of the International Information System Security Certification Consortium (ISC2) hosted a webinar on third-party risk assessment… more

TelEm Group offices closing at 1:00 pm Tuesday due to inclement weather.

Sint Maarten – Due to the expected passage of Tropical Storm Ernesto, TelEm Group will be closing its office locations at 1:00 pm Tuesday, August 13, 2024… more

Tuesday, 13 August 2023

NexGen provides free internet for Santa Cruz Government School in Santa Elena

Belize – On August 12, 2024, NEXGEN Belize provided free internet installation for all classrooms at the Santa Cruz Government School in Santa Elena Town… more

Flow stores temporarily close due to Tropical Storm Ernesto

British Virgin Islands – Telecommunications provider, Flow, is advising the public that its retail stores in the British Virgin Islands will be closed from 11am on Tuesday, August 13, tentatively until Thursday, August 15, due to the passage of Tropical Storm Ernesto… more

Guyanese companies team up to deploy Spain-headquartered FERMAX “cutting-edge security solutions”

Guyana – Vista Services Inc. has announced that it has become the exclusive distributor of Fermax Video Access Control Systems in Guyana… more

Wednesday, 14 August 2023

END OF AN ERA: Super Value to replace iconic stamps with digital point system in 2025

Bahamas – After 35 years, Super Value will discontinue its quality stamps on January 1, 2025, transitioning the popular shopping incentive into a digital customer rewards initiative… more

Flow expects US$44m payout for Beryl

Caribbean – Hurricane Beryl triggered insurance payouts for Flow’s operations in Jamaica and select islands, equating to an estimated US$44 million, the parent company of the regional telecommunications services provider has said… more

New online platform bolsters Caribbean literary scene

Caribbean – AuthorsandWritersHub.com, a novel online directory and resource centre for writers and authors in Barbados and the wider Caribbean, has made its debut. The platform aims to showcase published works by regional authors whilst providing guidance on book publishing and marketing… more

140 participants graduate from JUMP programme with digital literacy

Jamaica – The Cable and Wireless Charitable Foundation (CWCF) recently facilitated 140 students from across the Caribbean to successfully complete its JUMP programme… more

AI workshop empowers teachers for the classroom

Jamaica – Hosted at The University of the West Indies, Western Jamaica Campus, educators from Ministry of Education’s regions three (St Ann and Trelawny) and four (St James, Westmoreland, Hanover) participated in a recent workshop aimed at exploring the practical applications of artificial intelligence (AI) in the classroom… more

Electronic banking transactions valued at $1.7 trillion last year

Jamaica – ABM and point-of-sale (POS) Jamaican-dollar transactions processed by deposit-taking institutions last year grew to $1.77 trillion —11 per cent above the $1.59 trillion recorded in the previous year… more

TelEm Group offices resuming business opening hours Wednesday following passage of Tropical Storm Ernesto.

Sint Maarten – TelEm Group will be re-opening its doors on Wednesday, August 14, following the passage of Tropical Storm Ernesto… more

Thursday, 15 August 2023

New SEO rules to grow online: How to leverage AI

Caribbean – The digital landscape is constantly evolving, and with the advent of artificial intelligence (AI), we are entering a new era of search… more

Biometric smart card: e-passport

Trinidad and Tobago – On March 6, 2016, a female Canadian citizen was denied boarding when she attempted to check in on a Caribbean Airlines (CAL) flight to Toronto with an expired Canadian passport… more

Friday, 16 August 2023

Digicel battles to restore service after TS Ernesto

British Virgin Islands – Telecommunications provider Digicel has announced that it is working to restore mobile and fibre services disrupted by Tropical Storm Ernesto… more

Flow technicians progressing with post-storm repairs

British Virgin Islands – Leading telecommunications provider Flow has begun a massive restoration drive to reconnect its residential and business customers following the passage of Tropical Storm Ernesto in the Territory on Tuesday, August 13… more

It is incumbent that citizens are protected from cyber extortion

Guyana – Dear Editor, The international nature of cyber extortion highlights the necessity for collaborative efforts among nations to bring perpetrators to justice, often through extradition… more

Saturday, 17 August 2023

Move to mix robotics, renewable energy into schools

Barbados – Minister of Energy and Business Development Senator Lisa Cummins has proposed the development of an educational programme combining robotics and renewable energy for schools across Barbados…more

Keron Bruce fined $3M for cybercrime

Guyana – Photographer Keron Bruce who was charged with a cybercrime based on the accusation that he spread false information about reporter Leroy Smith, was yesterday found guilty by Magistrate Sunil Scarce at the Diamond Magistrates’ Court and fined $3 million to be paid in one month or he faces imprisonment… more

Sunday, 18 August 2023

The cybersecurity law, as is, is a threat to democracy

Guyana – Dear Editor,  As concerned citizens, it is our duty to speak out against any legislation that threatens the fundamental rights and freedoms we hold dear… more

Images credit:  Ono Kosuki (Pexels); Flow (Facebook); Wikimedia Commons; Wikipedia

Monday, 5 August 2023

Regulator orders satellite internet terminals removed from shelves

Cayman Islands – Cayman’s telecommunications regulator OfReg has served cease-and-desist notices to local businesses to block the sale of satellite internet terminals… more

bmobile Joins YBTT To Empower Young Entrepreneurs Through JumpSTART Program

Trinidad and Tobago – Twenty-one young future entrepreneurs are now equipped and ready to take on the business world, having graduated from the Youth Business Trinidad and Tobago’s (YBTT) JumpSTART Incubator program, sponsored by bmobile and other corporate entities… more

The consequences of careless code

Trinidad and Tobago – On July 19, cybersecurity firm Crowdstrike sent an automatic update to Microsoft Windows computers that was intended to upgrade the Falcon sensor security solution it sells to enterprise… more

Tuesday, 6 August 2023

CARICOM Heads of Government endorse digital resilience strategy, skills fund creation

Caribbean – Heads of Government of the Caribbean Community (CARICOM) have endorsed a strategy that will guide how the Region navigates the digital landscape… more

WiPay signs agreement with Government of Grenada

Grenada – Digital payment solutions provider WiPay has signed a multimillion-dollar, multi-year contract with the Government of Grenada to continue providing services through the GOVPAY Digital Payment Management System… more

More protection needed for online shoppers

Guyana – Dear Editor, I wish to highlight an online shopping experience I had with a company called Websourse Guyana Inc… more

Rice industry gets drone technology to improve efficiency

Guyana – Small rice farmers will be provided drone services by the Guyana Rice Development Board (GRDB) to assist them in increasing and improving the quality of the grain, through assistance from the Food and Agriculture Organisation (FAO) and China, officials said Tuesday… more

Ikonwork CEO Veda Samai calls for simpler job application process

Jamaica – CEO of Ikonwork Veda Samai highlighted the need for companies to implement simplified application processes at the recent staging of the Global Services Association of Jamaica (GSAJ) Conference & Awards held at The Jamaica Pegasus Hotel… more

Digicel Suriname completed the transition to Deep Blue one submarine cable

Suriname – Digicel Suriname has completed the transition of its data traffic to the new Deep Blue One submarine cable… more

MSMEs urged to bolster cybersecurity, contingency plans

Trinidad and Tobago – MICRO, Small and Medium enterprises (MSMEs) must always stay vigilant with their cybersecurity measures, as they are more susceptible to attacks, said Shiva Bissessar, managing director and principal consultant of technological consulting firm Pinaka… more

Wednesday, 7 August 2023

Empowering Futures: Digital Transformation in the Eastern Caribbean

Caribbean – Nestled amid Saint Lucia’s lush greenery, the vibrantly colored classrooms of Vide Bouteille Primary School buzz with activity, hosting over 300 young learners from kindergarten to sixth grade… more

How to become a digital nomad

Caribbean – OVER the past few days, many of you have been sending me e-mail and DMs asking, “How do I become a digital nomad?” To help you transition your life and understand what you need, I’ve put together this guide on becoming a digital nomad… more

Thursday, 8 August 2023

Ministry of Education warns of ‘’illegitimate laptop scheme in circulation”

Barbados – It has come to the attention of the Ministry of Education, Technological and Vocational Training that there is a document in circulation advertising applications for a students’ laptop scheme… more

‘Smart cities’ promise comes with challenges

Caribbean – The concept of Smart Cities is revolutionising urban living, ushering in an era where technology and data are the cornerstones of efficient, sustainable and livable environments… more

Dominican student nabs ‘most likes’ in ECTEL social media competition

Dominica – Dominican Grammar School’s Kelly Huang emerged with ‘most likes’  for her submission in the 12-15 category of the ‘She’s ICT (My Information and Communication Technology) Champion’ Reel Contest, organized by the Eastern Caribbean Telecommunications Authority (ECTEL)… more

Grenada: WiPay does not need a licence to operate

Grenada – The Grenada Government says it will continue to engage the Trinidad-based WiPay Caribbean to provide cashless electronic transactions to recipients of the schoolbooks and uniform programme, although the island’s regulatory body for financial services has revoked the company’s license to operate in Grenada… more

ChatFlow Limited launches AI-driven customer experience platform for SMEs

Jamaica – Local technology company ChatFlow Limited is aiming to improve the customer experience in Jamaican small and medium-sized enterprises (SMEs) using artificial intelligence… more

Radio Jamaica Limited reports half-billion loss

Jamaica – Despite posting marginally higher revenue for the financial year (FY) 2023/24, Radio Jamaica Limited found itself in the red by more than a half-billion dollars in losses… more

Rob Mayo-Smith appointed Chief Operating Officer of tTech

Jamaica – Rob Mayo-Smith has been appointed Chief Operating Officer of information technology firm tTech… more

St. Kitts And Nevis Hosts Comprehensive Digital Identity Consultation

Saint Kitts And Nevis – The Government of St. Kitts and Nevis hosted a comprehensive national consultation on the development of a secure and reliable digital identity authentication system at the National ICT Centre on Thursday, August 08, 2024, aimed at enhancing the country’s digital infrastructure and improving access to essential services for all citizens… more

Government Employees Build Capacity Through AI Training Workshop

Saint Lucia – Employees from various Government Ministries attended a one-day training workshop at the National ICT Centre in Castries on Friday, July 26, 2024, that underscored the benefits of artificial intelligence (AI)… more

Friday, 9 August 2023

FTX ordered to pay $12.7bn to victims of their fraudulent activities

Caribbean – THE Commodity Futures Trading Commission (CFTC) announced yesterday that a US District Court in New York has ordered FTX Trading Ltd. and Alameda Research LLC to pay $12.7 billion to their customers and victims of their fraudulent activities… more

Bogus CAL email is phishing scam

Cayman Islands – Cayman Airways Ltd says the airline has received reports of a phishing email being sent to customers claiming that their “account” has been “temporarily suspended”… more

Saturday, 10 August 2023

Acquity BPO expands to Belmopan; a thousand new employment opportunities

Belize – Вuѕіnеѕѕ рrосеѕѕ оutѕоurсіng соmраnу Асquіtу ВРО оffісіаllу ореnеd іtѕ оffісе оn thе Нummіngbіrd Ніghwау hеrе thіѕ mоrnіng, рrераrіng tо ѕрrіngbоаrd nеw орроrtunіtіеѕ fоr rеѕіdеntѕ оf thе саріtаl аnd ѕurrоundіng аrеаѕ… more

Ministry of E-Governance celebrate completion of Digital Inclusion Programme Phase One

Belize – Оn Аuguѕt 9, 2024, thе Fоrt Gеоrgе Dіgіtаl Соnnесt Сеntеr hоѕtеd а сеlеbrаtіоn mаrkіng thе ѕuссеѕѕful соmрlеtіоn оf thе fіrѕt рhаѕе оf Веlіzе’ѕ Dіgіtаl Іnсluѕіоn Рrоgrаmmе… more

QR Code and Nutritional Labeling Initiatives Officially Launched

Saint Lucia – On Tuesday, July 30, 2024, the official launch of the new QR code and nutritional labeling programmes was held at the Finance Administrative Centre at Pointe Seraphine, ushering in a major achievement in the island’s agricultural sector… more

Sunday, 11 August 2023

ECTEL’s Reel Contest Winners Revealed

Caribbean – The Eastern Caribbean Telecommunications Authority (ECTEL) is delighted to announce the winners of its ‘She’s My ICT Champion’ Reel Contest, held in observance of Girls in ICT 2024… more

Salada goes digital on advertising

Jamaica – Salada Foods Jamaica Limited has gone digital while heading downmarket for fresh revenue… more

Image credit: Jan Krömer (flickr); Caribbean Jobs; Wikimedia Commons; Wikipedia

Monday, 29 July 2023

OKX Bahamas CEO: New digital assets bill a significant milestone

Bahamas – The Digital Assets and Registered Exchanges (DARE) Amendment Bill is a “significant milestone” in providing clarity on the regulatory requirements for the digital assets sector, according to Herman Loedolff, chief executive officer of the Bahamas office of cryptocurrency exchange OKX… more

Hippo Digital Rolls Out Red Carpet for Barbados Delegation on UK AI Study Mission

Barbados – Leeds-based tech consultancy Hippo hosted government officials from Barbados on their UK tour of AI capability, facilitated by the Global Government Forum… more

BTL Selling Property to Invest in Remote Rural Areas

Belize – Belize Telemedia Limited wants to bring connectivity to the remote areas of Belize on the same level as the urban areas. To do that, the company is selling two parcels of prime property in Belmopan… more

What Does B.T.L.’s Hurricane Plan Look Like?

Belize – At the start of every hurricane season, the National Emergency Management Organization mobilizes its hurricane preparedness plan for the country, each city, district, and village. But we haven’t heard much from the utility companies, especially the ones who are expected to keep us connected during a hurricane… more

Dutch government not funding cryptocurrency regulation

Curaçao – The Ministry of Finance is not funding cryptocurrency regulation and supervision. The Ministry has denied repeated requests from the Authority for Financial Markets (AFM) for extra funding and has even limited the contributions the regulator can ask from the sector, Financieele Dagblad reports based on documents received from the Ministry through the Open Government Act… more

Strengthening and energizing the «NUMERIS» project

Haiti – The Rectorate of the State University of Haiti (UEH), the Permanent Mission of Haiti to the Organization of American States (OAS), the Columbus Memorial Library and the University of Montreal, a member of the OAS Consortium of Universities, recently had an excellent working session on the proposal for the OAS digital project for Haiti… more

CIBC launches AI webinar series with Ignite Innovation

Barbados – CIBC Caribbean recently hosted a successful “Ignite Innovation” Data Science & AI client presentation at the Warrens Great House in Barbados… more  

What leaders are doing to enable digital transformation

Trinidad and Tobago – On July 02, on the second day of AmCham’s 2024 edition of its Tech Hub Islands Summit, six business leaders discussed “Getting Digital-Ready: Leadership lessons to future-proof the digital workplace.” … more

Tuesday, 30 July 2023

Central Bank Governor: Global IT outage shouldn’t derail digitization efforts

Bahamas – Central Bank Governor John Rolle has stated that the global IT shutdown nearly two weeks ago should not be used as a justification for scaling back on the benefits of digitization, noting that the regulator has on its “radar” plans to strengthen the domestic payment system capacity… more

Rolle: Don’t worry about digitization push following tech blackout

Bahamas – Central Bank Governor John Rolle told reporters yesterday that the recent global technology blackout caused via an update of software by cybersecurity company Crowdstrike, should not cause a “pullback” from the country’s digitization push and its benefits… more

New digital cheque system ‘to speed up banking’

Barbados – Anew cheque digitisation system set to be introduced a week from Tuesday is expected to slash the time taken to clear cheques deposited with commercial banks, Central Bank Governor Dr Kevin Greenidge announced on Monday… more

Transforming Regional Healthcare Through the Pan-American Highway for Digital Health

Caribbean – The Inter-American Development Bank (IDB), in partnership with the Pan American Health Organization (PAHO), hosted an international meeting in Kingston from July 23-25 titled “Caribbean Connect: Building the Pan-American Highway for Digital Health.” … more

MMG showcases API to developers

Guyana – Mobile Money Guyana (MMG), a lead in innovative e-commerce solutions, on Tuesday said software developers have been briefed about its new e-commerce Application Programming Interface (API) that would be used to integrate online platforms with the payment system… more

Wednesday, 31 July 2023

Eleuthera businesses express fears of digital banking

Bahamas – Quinton Carey, owner of the Tarpum Bay Shopping Center in Eleuthera, told Guardian Business said it is “scary and risky to put all of your hope into a digital platform for your banking needs”, following the technology blackout caused by a software update from cybersecurity company CrowdStrike, that affected not only banks, but airports and other essential services… more

SCB announces enactment of DARE Act, elevating digital asset regulation standards

Bahamas – The Securities Commission of The Bahamas has announced the enactment of the Digital Assets and Registered Exchanges Act, 2024 (DARE 2024) by the Bahamian Parliament, further solidifying the country’s leadership in digital asset regulation… more

Shaping the digital future of the Caribbean!

Caribbean – The Caribbean Telecommunications Union (CTU), in collaboration with the Government of Guyana, will host the 20th Caribbean Internet Governance Forum (CIGF) and the 3rd Caribbean Youth Internet Governance Forum (CYIGF)… more

Digital Technology forms partnership with Kares One Guyana T10

Guyana –  As the countdown to the second Kares One Guyana T10 Tapeball Blast nears an end, Digital Technology has gotten onboard as a key partner in enhancing the quality of the 2024 tournament… more

Artificial Intelligence to Transform the Future of Work

Jamaica – Artificial Intelligence (AI) is no longer science fiction. Evolving at an unprecedented pace, AI allows machines to simulate human intelligence and cognitive processes to solve problems… more

AvCom a backbone of local technology systems and public safety

Jamaica – With almost 40 years of experience, Aviation Communications Jamaica Limited (AvCom JA) has for more than a decade delivered First-World technology solutions to drive local business growth and economic development, standing as a backbone of Jamaica’s public safety… more

PBS encourages businesses to take proactive approach to ATM security

Jamaica – Productive Business Solutions (PBS), is urging domestic firms to  implement robust security measures to stay ahead of criminals—in response to the recent surge in automated teller machine (ATM) attacks in Jamaica… more

TATT: TTT has exclusive Olympics broadcast rights

Trinidad and Tobago – THE Telecommunications Authority of Trinidad and Tobago (TATT) is reminding TV viewers that TTT Ltd is the authorised broadcaster of the 2024 Olympic Games… more

Thursday, 1 August 2023

CIBC Caribbean Bank Hosts “Ignite Innovation” Data Science & AI Webinar

Barbados – CIBC Caribbean recently hosted asuccessful“Ignite Innovation” Data Science & AI client presentation at the Warrens Great House in Barbados… more

AI career change

Caribbean – Technology will have an impact how the profession recruits and trains staff… more

ONE JN Passport will narrow financial inclusion gap, says company

Jamaica – JN Financial Group, the parent company of all financial service providers in The Jamaica National Group, says the ONE JN Passport will have a very positive impact on financial inclusion… more

Friday, 2 August 2023

Education Minister: WiPay does not need licence to operate in Grenada

Grenada – Education Minister David Andrews announced that the Government of Grenada will continue to engage WiPay Caribbean to provide cashless electronic transactions to recipients of the schoolbooks and uniform programme, although the regulatory body for financial services has revoked the company’s licence to operate in Grenada… more

Data collection infrastructure set up for police body cameras, says Blake

Jamaica – Police Commissioner Dr. Kevin Blake says the wearing of body-worn cameras by the police will soon be a permanent feature of the Jamaica Constabulary Force… more

EduFocal outsources CFO job

Jamaica – EduFocal Limited has hired financial services firm Signature Creed & Associates to take on the functions of chief financial officer, under what is generally referred to as a fractional CFO arrangement that’s utilised by start-ups and young companies as a cost-saving measure… more

Rape, cyberbullying of 14-year-old girl lands man a near 20-year jail term

Saint Vincent and the Grenadines – A man was sentenced to 19 years, six months, and 23 days in prison for committing sexual and cybercrime offences against a 14 year old girl… more

Saturday, 3 August 2023

WiPay signs GovPay contract with Grenada

Grenada – WiPay Group CEO chief executive officer and founder, Aldwyn Wayne, says the regional payments provider has signed a new multi-million dollar, three-year contract with the government of Grenada to digitise payments on the island… more

Flow gives back to customers impacted by hurricane

Jamaica – COMMUNICATIONS and entertainment provider Flow Jamaica has announced several compensation measures for customers who experienced service interruptions during the recent passage of Hurricane Beryl… more

Sunday, 4 August 2023

Data protection in the age of technology

Trinidad and Tobago – Digitisation has developed to the point where the transfer of data globally—as well as the large volume of personal information or data generated about individuals—is not only enormous but also, in large part, integral to how we live and access systems around us… more

Images credit: the blowup (Unsplash); Wikipedia; Wikipedia; TATT (Facebook); Wikipedia

This episode is also available on SoundCloud, Apple Podcasts, Spotify and Amazon Music!!

Across the Caribbean region, countries are increasingly implementing projects to establish a digital identification (ID) system. Most countries do not have a single, unifying form of ID that can be issued to citizens, but doing so would facilitate more seamless government interactions, as well as more efficient and effective delivery of services by both the private and public sectors.

A digital ID has the added benefit of enhanced security when compared with traditional IDs; and is the option that most Caribbean countries are considering, not only for national implementation but also to support cross-border trade and ID validation (Source:  BiometricUpdate.com).

The World Bank estimates that around “850 million people globally do not have an official ID”, and “…live primarily in low- and lower middle-income economies in Sub-Saharan Africa and South Asia”. In the Caribbean region, those who do not have an official form of ID tend to be from the lower socio-economic brackets. Further, since many of our countries do not have an already established national ID system, the issuance of other official and acceptable forms of ID is often purpose-driven. For example, a driver’s licence is required to drive a vehicle, and a passport, to travel internationally. However, unless or until there is a need to secure such specific forms of ID – and the individual has the means to pay for them – there may always be citizens without an official form of ID.

This lack of identification also challenges access to a broad range of services, from education and healthcare to travel. It also affects an individual’s ability to access financial services, as verification of identity is an essential requirement for facilitating financial inclusion.

With the heightened focus on ID and digital IDs, in particular, across the region, we circle back to a conversation we had with Trevor Forrest on the subject in 2022. Though two years have passed, the discussion is still relevant today and may offer some insight into a broad range of issues, which both our countries and we, the citizens, need to navigate.

Introducing our guest

Trevor Forrest is the Founder and Chief Executive Officer of 876 Solutions, a managed technology service provider headquartered in Jamaica, which offers among other things, cloud hosting, document management, web hosting services, as well as internet security assessments. Trevor has over 25 years of experience in the ICT industry with expertise in areas such as web design and development, e-commerce, big data, network/cyber security and blockchain technology. Through the Blockchain Council, which is one of the top organisations for blockchain training and certification, Trevor is also a Certified Blockchain Architect.

Trevor is a sought-after speaker and tech expert. He has been an Advisor to the Government of Jamaica and has served on numerous ICT committees and boards, including the Spectrum Management Authority, eLearning Jamaica Limited and the Universal Service Fund, to name a few.

Insights into our conversation

This 2022 conversation holds up incredibly well, especially since digital ID has become increasingly essential to Caribbean countries as they seek to advance their continued digital transformation. However, as was noted when this interview was first released, “Digital identity is a complex issue, as there are a variety of issues that ought to be considered and balanced, many of which, arguably, are at odds with each other.”

A key issue that emerged during our conversation with Trevor was that of trust: a perennial concern that could affect citizen take-up of digital IDs – unless governments make their issuance and use compulsory. Citizens are also concerned about the security of the data, who has access, and the purpose for which their personal data is being accessed, and consequently, the conflict between their right to privacy and national security/law enforcement purposes.

Below are key questions posed to Trevor that drove our conversation:

1. In the Caribbean region, some conflation appears to be occurring between having a national ID and a digital ID? What is the difference?
2. Why is it becoming increasingly important to have a digital ID?
3. How should countries prioritise and balance the following:
   • Convenience?
   • Security?
   • Control?
   • Data protection and privacy?
   • Trust?
4. What can countries do to develop trust in digital identity?
5. How can countries make the digital ID system seamless to eliminate the silos that tend to exist across government and even between government and the private sector?
6. What is the potential and what could be the implications of heightened surveillance via digital IDs?
7. In being a seamless form of identification, what could be the potential and the implications of all of the data that is being created when we use a broad range of services?
8. What are the benefits of having a digital identity?

We would love to hear your thoughts!

Do leave us a comment either here beneath this article, or on our Facebook or LinkedIn pages, or via Twitter, @ICTPulse.

Also, if you or a member of your network is interested in joining us for an episode, do get in touch.

Let’s make it happen!

Select links

Below are links to some of the organisations and resources that either were mentioned during the episode, or otherwise, might be useful:

• Trevor Forrest
• 876 Solutions
• BiometricUpdate.com article, Eastern Caribbean countries mull regional biometric ID to facilitate free movement  
• BiometricUpdate.com article, Caribbean Netherlands and other island nations see digital transformation
• BiometricUpdate.com article, Caribbean countries agree to pursue cross border digital ID efforts
• BiometricUpdate.com article, Digital ID project in Barbados may arrive home this year
• BiometricUpdate.com article, Belize to kick off national ID and biometric data strategy as soon as March
• ICT Pulse Podcast episode, ICTP 205: Fintech in Trinidad and Tobago, with Maria Daniel of FinTechTT
• ICT Pulse Podcast episode,  ICTP 300: The internet we should want in 2024 and beyond, with Trevor Forrest of 876 Technology Solutions
• ICT Pulse Podcast episode,  ICTP 273: Successful digital transformation, with Christopher Reckord and Trevor Forrest
• ICT Pulse Podcast episode,  ICTP 179: Understanding NFTs and the opportunity for wealth creation, with Trevor Forrest
• ICT Pulse Podcast episode, ICTP 097:  Unlocking blockchain technology and its suitability for small businesses, with Trevor Forrest

Images credit:  :  T Forrest;  Pete Linforth (Pixabay);  REINER  SCT (Pexels);  ecomprofitloss software (Pixabay)

Music credit: The Last Word (Oui Ma Chérie), by Andy Narrell

Podcast editing support:  Mayra Bonilla Lopez

Monday, 22 July 2024

ACTIVTRADES: Off to a rough start

Bahamas – The final trading day of last week started with a huge information (IT) problem that began in Australia and spread worldwide… more

Airport, banks and stores are hit by global internet outage

Bahamas – A global technology shortage affected services at Lynden Pindling International Airport on Friday… more

Bahamian digital payment provider bridges gap amid global IT issues

Bahamas – A Bahamian digital payments solutions provider expressed satisfaction in being able to “bridge the gap” for users and merchants on its platform, ensuring transactions remained unaffected despite global IT issues impacting local point-of-sale transactions… more

IT meltdown ‘wake up call’ for local business

Bahamas – Bahamian businesses and information technology (IT) providers yesterday branded Friday’s global meltdown “a wake-up call” in exposing this nation’s vulnerability to events over which it has no control… more

IT meltdown won’t halt digital payments drive

Bahamas – The Bahamas’ digital payments drive will not be stalled by Friday’s global IT outage, a prominent banker argued yesterday, as the benefits “far outstrip” the impacts from this event… more

Kanoo users unaffected during Crowdstrike tech outage

Bahamas – Mobile wallets were operational on Friday when global online payment systems were down, Chief Executive Officer of Kanoo Keith Davies told Guardian Business yesterday, explaining that Kanoo merchants lauded the mobile wallet company for being able to keep payments up on Friday… more

Rolle: CrowdStrike software glitch affected some banks

Bahamas – Governor of The Central Bank of The Bahamas John Rolle said a global technology outage, traced back to a cybersecurity company called CrowdStrike, is having an effect on The Bahamas, adding that some card payment services were offline last week… more

Cayman ‘dodged a bullet’ in global IT outage

Cayman Islands – Friday’s global Microsoft outage took some Cayman Islands government services offline, caused delays of some flights to and from the US, and shut down a number of retail bank ATMs, but, overall, the effect on the Cayman Islands was minimal compared to the impact worldwide… more

Digital Transformation Project invests just under EC $1 million in young entrepreneurs

Dominica – A grant of EC $986,342.00 was distributed amongst seventy-seven local entrepreneurs through the Caribbean Digital Transformation Project under the Government of Dominica… more

STEMGuyana launches groundbreaking AI Tutor to help with close gaps caused by COVID-19 learning loss

Guyana – STEMGuyana has unveiled a groundbreaking Artificial Intelligence (AI) tutor, set to transform the educational landscape for grades 1 to 10 across Guyana… more

Tuesday, 23 July 2024

Tech execs advocate failover systems in wake of global tech outage

Bahamas – Bahamian companies need to have failover systems in place, and closely monitor the controls they give to software vendors, in order to prevent the kind of impact the recent global technology outage that occurred on Friday caused many businesses, the principals of Plato Alpha Design said in a statement yesterday… more

METVT issues statement; Public warned of free online course scam

Barbados – The Ministry of Education, Technological and Vocational Training (METVT) has issued a statement regarding a free education scam which has been circulating on social media… more

BELTRAIDE announces Open Call for BLAZE Awards 2024

Belize – Тhе Веlіzе Тrаdе аnd Іnvеѕtmеnt Dеvеlорmеnt Ѕеrvісе (ВЕLТRАІDЕ) hаѕ оffісіаllу lаunсhеd thе аррlісаtіоnѕ fоr thе hіghlу аntісіраtеd ВLАZЕ Аwаrdѕ 2024… more

Ministry of E-Governance commences the Cataloging of Government Services Project

Belize –  Rесеntlу, thе Міnіѕtrу оf Рublіс Utіlіtіеѕ, Еnеrgу, Lоgіѕtісѕ аnd Е-Gоvеrnаnсе, thrоugh thе Е-Gоvеrnаnсе аnd Dіgіtаlіzаtіоn Dераrtmеnt аnd wіth thе ѕuрроrt оf thе UNDР Веlіzе, соmmеnсеd thе іnіtіаl dаtа gаthеrіng ѕtаgе оf thе Саtаlоgіng оf gоvеrnmеnt ѕеrvісеѕ рrојесt… more

CIBC Caribbean Bank explores data science and AI

Caribbean – CIBC Caribbean’s technology team spearheaded the hosting of ‘Ignite Innovation’; a presentation to clients on data science and artificial intelligence (AI) at the Warrens Great House in Barbados on July 5… more

Global IT outage: lessons for the Caribbean

Caribbean – CrowdStrike, a leading cybersecurity firm that partners with major cloud platforms like Microsoft Azure, Google Cloud, and Amazon Web Services – serving 95 per cent of Fortune 500 companies – caused a global IT outage on July 19, 2024, due to a defective software update… more

President Ali and Sir Tony Blair discuss digital transformation and climate change

Guyana – President Dr. Irfaan Ali met with former British Prime Minister Sir Tony Blair at the Office of the President on Tuesday… more

Amber Group acquires 50% equity in OnTime Taxi

Jamaica – Amber Group has acquired a 50 per cent equity stake in popular taxi service company OnTime Taxi, which will now be rebranded as ‘Amber OnTime’… more

Opposition legislator in St Vincent blasts telecom companies for payment reminders amid ongoing Beryl outage

Saint Vincent and the Grenadines – An opposition legislator in St Vincent has criticised telecommunication companies for sending bill payment reminder messages to customers even as their services remain offline following the passage of Hurricane Beryl on July 1… more

Wednesday, 24 July 2024

IT outage gives ‘horrific’ small business impact

Bahamas – Many Bahamian small businesses suffered an “horrific” and “huge impact” from Friday’s widespread IT outage due to their reliance on card transactions for 65 percent of customer purchases… more

Empowering Seniors: BARP and Legacy Foundation Launch Digital Learning Centre

Barbados – The Barbados Association of Retired Persons (BARP) is collaborating with the Legacy Foundation to establish a learning space designed for elderly individuals who face difficulties conducting business online… more

Caye Caulker Unveils Digital Connect Center

Belize – Caye Caulker now has a Digital Connect Center. This facility offers residents free Wi-Fi access, laptops, and computers, marking a significant step forward in digital inclusion… more

Digi Belize sponsors Girls Empowered & Motivated Summer Program

Belize – Digi Belize, the National Telecom company, announced its sponsorship of the Girls Empowered & Motivated (GEM) summer program… more

CTU’s 51st Executive Council (EC51), General Conference of Ministers Meeting and ICT Week to be held in St Kitts and Nevis, 30th September to 5th October 2024

Caribbean – The Caribbean Telecommunications Union (CTU) in collaboration with the Ministry of Information, Communications and Technology (ICT), is delighted to announce the hosting of the CTU ICT Week 2024 – St. Kitts and Nevis, set to take place in the unforgettable paradise twin-island Federation of St Kitts and Nevis from 30th September to 5th October 2024… more

The top global in-demand skills in tech 2024

Caribbean – IN the Caribbean, we’ve traditionally celebrated the careers of doctors, lawyers, and engineers as prestigious and lucrative… more

Thursday, 25 July 2024

Virtual reality training to become necessity

Bahamas – In recent years, the landscape of employee training and development has been dramatically reshaped by advances in technology… more

MoH, Tony Blair Institute hold meeting on Digital Health Strategy

Guyana – With the advancement of technology and the Ministry’s efforts to improve the healthcare system by going digital, the Ministry of Health, in collaboration with the Tony Blair Institute for Global Change, held its kick-off meeting on the development of Guyana’s Digital Health Strategy… more

Six weeks without landlines and a hamstrung Blaze internet system

Guyana – Dear Editor,  I am a subscriber/renter of telephone services for nearly 50 years now. There are two land lines at my home… more

Friday, 26 July 2024

Digital payments push arrives on Eleuthera

Bahamas – Eleuthera residents and business owners discussed digital payments solutions with almost a dozen providers and presenters at the island’s recent second annual Digital Expo… more

WORC launches new portal to replace JobsCayman

Cayman Islands – Workforce Opportunities and Residency Cayman has launched the new Jobs & Online Payment Services portal to replace JobsCayman… more

Amber to roll out AI-enabled taxi ride after buying stake in OnTime

Jamaica – Amber Group has entered Jamaica’s public transport sector through a 50 per cent equity stake in OnTime Taxi, which operates a fleet of about 300 cabs… more

FTC to study benefits of ride-sharing services and make recommendations

Jamaica – The Fair Trading Commission has embarked on a study that will assess the regulatory framework governing ride-sharing services… more

Digicel Foundation, Shell Trinidad and Tobago renew EPIC partnership

Trinidad and Tobago – Ten non-profit organisations will each receive $150,000 in funding to transform their communities through a renewed partnership between the Digicel Foundation and Shell TT… more

TSTT profit up by 36%

Trinidad and Tobago – THE Telecommunications Services of T&T has reported an after-tax profit of US$19 million for the year ended March 31, 2024 marking a 36% increase compared to the prior year… more

Saturday, 27 July 2024

Edufocal enters strategic partnership Signature Creed & Associates

Jamaica – Digital education company EduFocal Limited has entered into a strategic partnership with local audit, tax, and advisory services firm Signature Creed & Associates… more

Sunday, 28 July 2024

Animation Bootcamp for Belizean Women and Girls Launched

Belize – The Ministry of Investment, through its Investment Policy and Compliance Unit (IPCU), has partnered with the Taiwan Technical Mission and the National Women’s Commission to launch an Animation Bootcamp for women and girls at the Belize City ITVET… more

Digi Gives High School Scholarships to 35 Students

Belize – Today, thirty-five students received scholarships from Digicell to attend the high school of their choice… more

Images credit: kalhh (Pixabay); Wikipedia; Wikipedia; Wikipedia; WIkipedia; Wikipedia

Monday, 15 July 2024

Observer Radio temporarily off air

Antigua and Barbuda – Dear Valued Listeners,  We regret to inform you that Observer Radio is currently off the air due to technical difficulties caused by this weekend’s severe weather… more  

‘Brazen attempt’ to avoid Bahamas court on $370m FTX claim

Bahamas – FTX’s Bahamas liquidators are slamming “a brazen attempt” by a failed crypto lender “to circumvent” this nation’s Supreme Court in pursuing $370m worth of claims… more

Cloud Carib CEO: Cybersecurity landscape changing because of AI

Bahamas – The cybersecurity landscape is changing because of artificial intelligence (AI), and local companies need to be informed on how to maintain the integrity of their information technology (IT) systems, according to Scott MacKenzie, chief executive officer of Cloud Carib, a Bahamas-based cloud services provider… more

Man Jailed for Fake iPhone Scam

Belize – Today, a Belmopan resident was sentenced back to prison after obtaining money by deception through fake sales on Facebook… more

An apathy of cybersecurity concerns

Caribbean – For just over a month, the website of the Guyana Cricket Board has been quite visibly defaced by hackers who demanded US$1,000 in BitCoin… more

Beyond Barriers: Unleashing technology’s potential for people with disabilities

Caribbean – Technology is a powerful catalyst, opening doors of opportunity for individuals with disabilities to excel in their careers. This article by Martin Block explores essential strategies that enable disabled individuals to harness technology for their professional advancement, overcoming potential challenges along the way… more

FTX Digital Markets liquidators provide overview of claims election process

Caribbean – FTX.com customers have until August 16th to elect whether they wish to participate in the official liquidation proceedings of FTX Digital Markets or the US Chapter 11 cases. They cannot participate in both… more

Minister Cooper emphasizes that CDA is a milestone in the technological and economic advancement of the region

Caribbean – Recently, the Minister in charge of Traffic, Transportation, and Urban Planning initiated the Caribbean Datacenter Association (CDA) conference, which took place at the start of the CANTO conference in May. The CDA conference brought together datacenter operators, service providers, developers, and educators in an association that promotes collaboration, standardization, and innovation within our industry, paving the way for a more prosperous and connected future for our region… more

Curaçao reopens portal for gambling licenses

Curaçao – The Curaçao Gaming Control Board (GCB) is reopening the online portal for B2C and B2B license applications today… more

New co-working hub opens in Kingston

Jamaica – Digita Global Marketing (DGM) has unveiled Enigma, a state-of-the-art co-working hub, with a $100 million investment aimed at revolutionising Jamaica’s creative and entrepreneurial sectors… more

Tuesday, 16 July 2024

BTC line staff’s ‘first industrial deal salary rise for ten years’

Bahamas – Members of the Bahamas Telecommunications Company’s (BTC) line staff union received their first “industrial agreement-related salary increase in ten years” with the signing of yesterday’s deal… more

ECCB launches Generative AI and Python Summer Camp

Caribbean – The Eastern Caribbean Central Bank has launched its Generative AI and Python Summer Camp for 2024 in both St Kitts and Nevis and Antigua and Barbuda… more

Expert pushes digital entrepreneurship for MSMEs

Jamaica – At the Jamaica Business Development Corporation’s (JBDC) Virtual Biz Zone Webinar on July 9, digital marketing specialist Monique McIntosh urged micro, small and medium-sized enterprises (MSMEs) to rethink their approach to business by embracing digital entrepreneurship as an innovative sales strategy… more

TelEm said it’s making ‘solid’ progress stabilising systems

Sint Maarten – TelEm Group recently took delivery of brand-new telecommunication grade replacement batteries to stabilise power issues the company has been experiencing in recent weeks… more

E-commerce strategy reaches second phase

Trinidad and Tobago – THE second phase of the national e-commerce strategy project kicked off on July 16, with a consultation on the drafting of the strategy held at the Hyatt Regency in Port of Spain… more

Wednesday, 17 July 2024

Belize Battles Rising Cybercrime with Advanced AI Amidst Misinformation Concerns

Belize – As the digital landscape within Belize expands, the country faces a rising tide of cybercrime, prompting authorities to leverage advanced AI technology to combat these threats… more

DigiWallet supports Education with launch of DigiWallet Education Grant of $500

Belize – Оn Јulу 16, 2024, DіgіWаllеt аnnоunсеd thе lаunсh оf thе DіgіWаllеt Еduсаtіоn Grаnt, whісh wіll рrоvіdе $500 іn DіgіСаѕh tо dеѕеrvіng Веlіzеаn ѕtudеntѕ… more

Moruca now has free high-speed internet

Guyana – Yesterday, a team led by Prime Minister Mark Phillips, visited the subdivision of Moruca in the north west to launch the revolutionary “Starlink” initiative… more

STEMGuyana testing groundbreaking AI tutor

Guyana – STEMGuyana has launched what it deemed a groundbreaking AI Tutor to revolutionise the delivery of high-quality education for its learning pod students across the regions of Guyana… more

Telemedicine now in Region One communities

Guyana – Residents of Arakaka, Wallaba, and Santa Cruz in Moruca, Region One (Barima-Waini), can now benefit from telemedicine services, a release from the Ministry of Health said yesterday… more

US$16 million for the digital transformation of the Government

Haiti – Friday July 19, 2024, the Inter-American Development Bank (IDB) approved a grant of $16 million for a Program to Strengthen the Foundations of the Digital Transformation of Public Management to Improve Government Effectiveness, aimed at improving the implementation implementing policies and delivering services to the citizens of Haiti through the digital transformation of public management… more

Are digital marketing careers viable in Jamaica?

Jamaica – In today’s digital landscape marketing professionals are faced with a complex and demanding environment that requires them to master an array of skills across multiple disciplines. Referred to as T-shaped marketers, these individuals are expected to have a broad understanding of numerous digital marketing components while also possessing deep knowledge in one to three specific areas… more

IGT kicks off annual coding and robotics camp

Jamaica – International Game Technology (IGT), in collaboration with Mona Geoinformatics Institute (MGI), this week kicked off its annual coding and robotics programme, dubbed the ‘IGT Coding & Robotics Rock! Camp’ across the Caribbean… more

Simply Secure revealed as entity acquiring tTech

Jamaica – tTech Limited, the Kingston-based information technology provider, has signalled that its shareholders could soon receive a bid for their holdings from Simply Secure, a Florida-based managed security services provider… more

Public Entity Saba Launches User-Friendly and Enhanced Government Website.

Saba – As part of the ongoing efforts to enhance digital services and accessibility for Saba’s residents, the Public Entity is proud to announce the launch of phase one of its newly updated government website on July 22, 2024… more

Thursday, 18 July 2024

Eleuthera exposed to digital payments rise

Bahamas – The Eleuthera Chamber of Commerce has teamed with the Central Bank and commercial banks to expose the island’s businesses and residents to newly-emerging digital payments solutions tomorrow… more

IP legislation will attract fintech firms, says Cooper

Bahamas – The country’s new intellectual property (IP) legislation will attract fintech firms with proprietary technology, Acting Prime Minister and Minister of Tourism, Investments and Aviation Chester Cooper said yesterday, adding that the creation of independent IP offices for companies and records will eventually become a revenue generating office for the government… more

A Notice to Our Readers

Barbados – It has come to our attention that fraudulent articles imitating the Barbados Today website, including our branding, colours, and logo, are being circulated. These fake articles mention the Barbados Central Bank and Carol Roberts, the CEO of NCF and the Barbados Central Bank and Peter Wickham… more

Top 10 tech in-demand skills for 2024

Caribbean – In the Caribbean, we have traditionally celebrated the careers of doctors, lawyers and engineers as prestigious and lucrative. Yet as we continue to churn out thousands of graduates each year in these fields, many find themselves underemployed or struggling to secure work that matches their qualifications… more

ICT training program for 79 teachers wraps up this week

Dominica – Between July 8 and 19, 2024, a total of 79 educators will take part in four specialized training sessions conducted at three distinct venues. The event is overseen by the Ministry of Education, Human Resource Planning, Vocational Training & National Excellence. A statement by the ministry highlights the primary objective of these workshops as providing teachers with the necessary expertise to seamlessly incorporate technology into their teaching methodologies… more

GARFIN revokes licence of WiPay money service business

Grenada – The licence of WiPay, a Trinidad and Tobago electronic money service business which was established in 2017 and launched in Grenada in 2023, was recently revoked by the Grenada Authority for the Regulation of Financial Institutions (GARFIN)… more

Renewal of the Starlink License

Haiti – The General Directorate of the Executive Body of the National Telecommunications Council (CONATEL) informs the public of the renewal of Starlink’s license to provide satellite internet services throughout the national territory for a period of five years… more

Friday, 19 July 2024

Deltec joins cross-border payments network Visa B2B Connect

Bahamas – Deltec Bank & Trust Limited announced that it has joined the cross-border payments network Visa B2B Connect, to allow for more cross-border payments for its corporate clients… more

Global IT outage causes delays at Lynden Pindling International Airport

Bahamas – A global IT outage affecting industries worldwide has led to disruptions at Lynden Pindling International Airport, with some airlines reporting delays… more

UPDATED: Bahamas impacted by global internet outages

Bahamas – A GLOBAL technology outage has been impacting Bahamians – with a number of services either out of action or experiencing difficulties… more

Opposition presses Government on alleged Smart favoritism

Belize – Рrіmе Міnіѕtеr Јоhn Вrісеñо іnѕіѕtѕ thаt thе Gоvеrnmеnt іѕ nоt fаvоrіng Ѕрееdnеt Соmmunісаtіоnѕ Lіmіtеd (Ѕmаrt) оvеr nаtіоnаllу-оwnеd Веlіzе Теlеmеdіа Lіmіtеd (ВТL) іn thе mаttеr оf соntrасtѕ wіth Gоvеrnmеnt аgеnсіеѕ… more

Worldwide IT crash impacts local gov’t systems

Cayman Islands – A massive technology failure caused chaos around the world Friday as PCs at banks, businesses, flights and hospitals crashed when something went wrong with a security software update… more

WiPay clarifies ‘inaccurate statements’ regarding its MSB license, reaffirms commitment to Grenada

Grenada – Caribbean fintech company, WiPay, is responding to recent reports regarding the verification of its license by the Grenada Authority for the Regulation of Financial Institutions (GARFIN)… more

Global technology outage causes delays for some flights to Jamaica

Jamaica – Flights leaving Jamaica have not been impacted by the global technology outage which has disrupted the operations of multiple industries… more

JaCIRT, MOCA helping local entities recover from global tech outage

Jamaica – The Jamaica Cyber Incident Response Team (JaCIRT) and the Major Organised Crime and Anti-corruption Agency (MOCA) are actively collaborating with entities across Jamaica that have been impacted by the global outage affecting Windows-based systems utilising the CrowdStrike Endpoint Detection and Response (EDR) software…more

PSOJ says most members spared brunt of global IT blackout

Jamaica – The Private Sector Organisation of Jamaica says most of its members were spared any major disruptions in the global IT blackout on Friday… more

Some flights to Jamaica cancelled or delayed amid global technology outage

Jamaica – There have been several flight cancellations and delays in arrivals to Jamaica after a global technology outage affected multiple industries on Friday… more

tTech founder to stick with company after selling full shareholdings

Jamaica – The new leadership at managed IT services company tTech has installed a new chief executive, Kevin Gordon, who replaces Norman Chen, immediately… more

Nikhil Kukreja Urges for Enhanced Cybersecurity Measures Following Global IT Outage.

Sint Maarten – In response to the global IT outage on July 19, United People’s Party candidate number 7 Nikhil Kukreja stresses the urgent need for improved cybersecurity and updated laws in Sint Maarten… more

The Crowdstrike bug’s minimal impact on TT

Trinidad and Tobago  – Trinidad and Tobago escaped much of the fallout of the Crowdstrike update that crippled services globally… more

Saturday, 20 July 2024

Education Ministry welcomes gift of 3D printers

Antigua and Barbuda – A kind-hearted Barbudan recently handed over three 3D printers to the Ministry of Education during its annual STEM camp… more

Scam warning as fake emails and websites target users after outage

Barbados – yber-security experts and agencies around the world are warning people about a wave of opportunistic hacking attempts linked to the IT outage… more

Farfan & Mendes collaborates with CAPA to train farmers, students on Climate-Smart agriculture and technology

Guyana – Farfan and Mendes Limited (FML) in collaboration with the USAID funded Caribbean Agricultural Productivity Improvement Activity (CAPA) trained approximately 30 farmers and agriculture students from across the country in various climate-smart agriculture and technologies. The training was done with support from the National Agriculture Research and Extension Institute (NARIE) and the Guyana School of Agriculture (GSA)… more

The Government Of St. Kitts And Nevis Progress Towards A Digital St. Kitts: Building A Robust Digital Services Network

Saint Kitts And Nevis – Following the launch of the St. Kitts and Nevis Internet
Exchange Point (SKNIX) in September 2023, the Department of Technology hosted a series of collaborative workshops with ArkiTechs Inc, IT consultants, and MCNET Solution at the National ICT Centre, C.A Paul Industrial Site from 17 June to 27 June 2024… more

Sunday, 21 July 2024

– Nil –

Images credit: carterse (flickr); Wikimedia Commons; ECCB; STEMGuyana; Wikipedia; WiPay Caribbean; Wikipedia

The advent of Central Bank Digital Currencies (CBDCs) has ignited a complex interplay between financial institutions and central authorities. Commercial banks, the traditional pillars of the financial system, might be finding themselves at a crossroads.

In The Bahamas, which is the most advanced in the Caribbean region in deploying a CBDC, the Government intends to pass regulations requiring the country’s commercial banks to provide access to the Sand Dollar, the Bahamian CBDC (Source: WKZO). A known challenge for many CBDCs has been its limited take-up, and in The Bahamas, it appears the country will be changing tact: from a posture of just encouraging Sand Dollar adoption, to forcing the banks to distribute it.

This change in approach and attitude in The Bahamas seems to highlight a strained relationship between the Central Bank of The Bahamas and local banks. Moreover, this dynamic may also be present in other countries with a CBDC, such as Jamaica, though the tensions may not yet have bubbled to the surface. Nevertheless, it begs the question, Are commercial banks catalysts for CBDC adoption or potential victims of that disruption?

The benefits of CBDCs to commercial banks

First, it should be highlighted that commercial banks stand to benefit significantly from the integration of CBDCs. One of the arguments made for introducing CBDCs is its ability to increase the customer base by providing the unbanked and underbanked segments of our society an avenue through which to join the formal financial system. In turn, commercial banks have an opportunity to expand their customer base and deepen market penetration.

Second, by leveraging CBDC technology, banks can offer innovative financial products and services, such as smart contracts and tokenization, stimulating growth and profitability. Additionally, the potential for streamlined payment processes and reduced operational costs can boost efficiency and competitiveness.

Finally, having a collaborative relationship with central banks, fostered by CBDC initiatives, can lead to better policy alignment and support. Such a relationship can mitigate risks and create a more stable operating environment for commercial banks.

The drawbacks of CBDCs to commercial banks

On the other hand, the allure of these benefits is tempered by potential challenges. First, and perhaps the most significant concern is the erosion of the deposit base at commercial banks. As consumers and businesses increasingly adopt CBDCs, commercial banks may witness a decline in deposits, if their customers choose to hold CBDC instead of traditional bank deposits, thus directly reducing the funds available for banks to lend. A reduction in commercial banks’ lending capacity directly affects a key source of revenue and consequently, their profitability. Hence, such a change could require banks to adjust their business models and search for alternative revenue streams.

Second, increasing the take-up of CBDCs could result in intensified competition from both the central bank and other financial institutions, with the latter feeling at a disadvantage. CBDCs could offer more attractive features and lower fees, potentially luring customers away from traditional banking services.

Third, the complexities of integrating CBDC technology into existing banking systems should not be underestimated. Though common operating standards may exist in the banking and financial services sector, exactly how they are implemented may differ from institution to institution, with the attendant cost and modifications to be borne by each institution, which ultimately may result in certain banks dragging their feet in adopting or otherwise encouraging the use of CBDCs.

Are commercial banks a friend or foe of CBDCs?

At this juncture, it cannot be decisively stated whether commercial banks will ultimately be friends or foes of CBDCs. The outcome will depend on several factors, including the design of the CBDC, the pace of adoption, and the regulatory environment. In the case of The Bahamas, the Sand Dollar was launched in 2020, and with still limited adoption, estimated at less than 1% of the currency in circulation in The Bahamas (Source: WKZO), the pressure is on to improve that outcome.

Having said this, the potential for disruption is undeniable. However, it requires banks to be forward-thinking to position themselves as leaders in the CBDC ecosystem by embracing innovation, focusing on customer needs, and building strong partnerships with central banks. Unfortunately, history has shown us that all too often, incumbents regardless of sector or industry, spend way too much time trying to maintain the status quo than being proactive in navigating the inevitable change that is occurring.

Ultimately, the future of banking lies in a delicate balance between adaptation and resilience. By carefully navigating the opportunities and challenges presented by CBDCs, commercial banks can emerge as key players in the evolving financial landscape.

Images credit:  Tumisu from (Pixabay);  maitree rimthong (Pexels);  Photo by Eduardo Soares (Unsplash);  Joshua Hoehne (Unsplash)

This episode is also available on SoundCloud, Apple Podcasts, Spotify and Amazon Music!!

Regulatory technology, more commonly known as regtech, is a category of software applications that support regulatory compliance and reporting. Since the global financial crisis of 2008 and 2009, the banking and financial services sector has come under more stringent regulation, thus increasing the emphasis on compliance and reporting, and the emergence of regtech.

The regtech industry is growing. Depending on which resource you reference, it could be worth up to USD 87.17 billion globally by 2028, with a compound annual growth rate of 23.92% (Source:  PR Newswire).

However, although the impetus for regtech was the banking and financial services sectors space, principles and practices are becoming increasingly relevant and applicable in other sectors and more broadly in organisational operations. A good example of the latter is to support data protection and cybersecurity compliance obligations where increasingly, regulatory and reporting requirements need to be satisfied.

Introducing our guest

Jennifer Potter is a strategy-focused business leader based in the British Virgin Islands (BVI). She is on a mission to help businesses thrive through transformation by supporting executives on the path of growth and acquisition. In addition, she designs innovative fintech and regtech solutions, optimising risk mitigation and efficient compliance management, particularly in sectors with increasingly complex regulatory and compliance obligations. As a subject matter expert, she has advised businesses on fintech, regtech, digital money solutions, and corporate operations.

For twenty years, Jennifer managed operations and development as a senior executive with the BVI financial services regulator and is credited with successfully leading multiple development projects above USD 1 million. She holds master’s degrees in Law and Business Administration and a professional designation in Governance, Risk and Compliance. She is currently Head of Operations, Risk, and Compliance for George Henry Partners LP, a legal and professional services firm in the British Virgin Islands.

Insights into our conversation

When Jennifer was interviewed on regtech in 2022, the region was abuzz with fintech and the opportunities that could be leveraged. At the time, regtech was an underdeveloped segment in the Caribbean region, and from all reports, it has not gained much traction. However, there is considerable potential for it to improve local banking and financial services, and the associated customer experience, with deeper integration of the regtech-related systems across organisations.

Having said this, and in revisiting this conversation with Jennifer, it is likely that to varying degrees, organisations could benefit from integrating regtech principles and practices into their operations, to assist them with compliance and reporting. Two big areas that have become increasingly applicable to organisations – regardless of industry – are data protection and cybersecurity.

If this episode on regtech is considered through the lens of data protection and cybersecurity, there are considerable synergies that emerge, such as:

• Regtech solutions can help automate tasks like Know Your Customer (KYC) checks, data encryption, and access control to protect customer data
• Regtech solutions themselves need to be secure, and so the link with cybersecurity
• Regtech tools can help companies stay up-to-date on new requirements and automate compliance processes, especially since data protection and cybersecurity regulations are constantly evolving.

Below are key questions posed to Jennifer that drove our conversation.

1. To start us off, tell us a bit about yourself, and how you got into regtech.
2. What is regtech and how does it work?
3. How is regtech useful, and besides banking, what are some of the other industries and ways it is useful?
4. Two areas in banking where regtech can be helpful are KYC rules and anti-money laundering (AML) compliance obligations. How might that work, especially when in the region, we are still being asked to supply proof of address, proof of income, references, etc., to open an account or complete certain transactions?
5. To what degree have traditional banks and financial institutions in the Caribbean region embraced regtech?
6. There are still numerous attorneys and law firms across the Caribbean region that are hesitant, or even resistant, to fintech, and the evolution that is being ushered by blockchain technology. What are your thoughts on this?
7. Are there any legal or regulatory impediments that currently exist in the region that would hinder regtech development?
8. What are some of the key things organisations should consider in order to decide whether they should pursue regtech?
9. Within the Caribbean region, where do you see the opportunities for regtech (adoption and or integration)?

We would love to hear your thoughts!

Do leave us a comment either here beneath this article, or on our Facebook or LinkedIn pages, or via Twitter, @ICTPulse.

Also, if you or a member of your network is interested in joining us for an episode, do get in touch.

Let’s make it happen!

Select links

Below are links to some of the organisations and resources that either were mentioned during the episode, or otherwise, might be useful:

• Jennifer Potter
• George Henry Partners LP

Images credit:  J Potter; Gerd Altmann (Pixabay);  Freepik; xdfolio (Pixabay)

Music credit: The Last Word (Oui Ma Chérie), by Andy Narrell

Podcast Editing Support: Mayra Bonilla Lopez