A roundup of the latest ICT\/technology news from across the Caribbean region for the period Monday 7 November to Sunday 13 November 2022.<\/em><\/p>\n\n\n\n

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Monday, 7 November 2021<\/h3>\n\n\n\n

Gary Allen | TVJ and digital switchover \u2013 expanding footprints<\/h4>\n\n\n\n

Jamaica <\/em>\u2013 Last week we looked into the transition of TVJ into the digital era and what value additions it is bringing to our viewers. Part 2 looks at the way forward as we embrace the new technology\u2026 more<\/a><\/p>\n\n\n\n

Huawei trains 55 students in digital technology<\/h4>\n\n\n\n

Trinidad and Tobago<\/em> \u2013 In a virtual ceremony on Friday, 55 selected students from Jamaica, Suriname and TT were welcomed to Huawei’s 14th Seeds of the Future programme, which provides young people access to education in information and communication technology (ICT)\u2026 more<\/a><\/p>\n\n\n\n

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Tuesday, 8 November 2021<\/h3>\n\n\n\n

BTC chief says fibre roll-out 70% finished<\/h4>\n\n\n\n

Bahamas <\/em>\u2013 THE BAHAMAS Telecommunications Company (BTC) will be increasingly relying on a fibre network roll-out that is 70 percent complete to drive revenue growth and market share, its newly-appointed chief executive says\u2026 more<\/a><\/p>\n\n\n\n

Exchange control ease urged for digital assets participation<\/h4>\n\n\n\n

Bahamas <\/em>\u2013 AN ACCOUNTANT has called for further exchange control \u201crelaxation\u201d so that more Bahamians can participate freely in digital assets and crypto currency trading\u2026 more<\/a><\/p>\n\n\n\n

More e-commerce options coming for small businesses<\/h4>\n\n\n\n

Jamaica<\/em> \u2013 SCOTIABANK is improving its e-commerce solutions for micro to large businesses seeking to accept online payments\u2026 more<\/a><\/p>\n\n\n\n

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Vulnerable households get digital Jump from Flow<\/h4>\n\n\n\n

Jamaica<\/em> \u2013 Jump, Flow\u2019s programme to bridge the digital divide by providing broadband connectivity, devices and digital training to the most vulnerable households through a public-private partnership, was launched on October 19 at the Jamaica Pegasus hotel\u2026 more<\/a><\/p>\n\n\n\n

Appeal Court blanks TSTT over $26.4m fund-payment challenge<\/h4>\n\n\n\n

Trinidad and Tobago<\/em> \u2013 LOCAL telecom provider TSTT and its subsidiary internet service provider Amplia will have to petition the Privy Council directly if it wants to challenge the ruling of the local court in a lawsuit brought by the Telecommunication Authority (TATT) over the failure to pay $26.4 million to a national fund to develop internet connectivity in rural communities\u2026 more<\/a><\/p>\n\n\n\n

T&T needs better cyber safeguards<\/h4>\n\n\n\n

Trinidad and Tobago<\/em> \u2013 AS THE Government moves to digitise the public service, it also needs to put safeguards in place to protect citizens\u2019 data\u2026 more<\/a><\/p>\n\n\n\n

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Wednesday, 9 November 2021<\/h3>\n\n\n\n

Commission eyes 20 DARE Act registrants<\/h4>\n\n\n\n

Bahamas <\/em>\u2013 THE Securities Commission\u2019s top executive yesterday said the regulator expects to have 20 entities registered under the Digital Assets and Registered Exchanges (DARE) Act by year-end 2022\u2026 more<\/a><\/p>\n\n\n\n

\u2018FTX forced sale will not undermine\u2019 nation plans<\/h4>\n\n\n\n

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Bahamas <\/em>\u2013 The seemingly-forced sale of The Bahamas\u2019 flagship digital assets investor will not undermine the country\u2019s ambitions to become a major \u201chub\u201d in this space, a prominent banker argued yesterday\u2026 more<\/a><\/p>\n\n\n\n

Future of FTX in The Bahamas in limbo after major rival agrees to acquisition<\/h4>\n\n\n\n

Bahamas <\/em>\u2013 FTX\u2019s future in The Bahamas appears uncertain after it was revealed yesterday that its rival\u2014crypto giant Binance\u2014would acquire the company amid liquidity concerns\u2026 more<\/a><\/p>\n\n\n\n

Smart Belize establishes FREE Wi-fi centers in Belize City<\/h4>\n\n\n\n

Belize <\/em>\u2013 Last Wednesday, Hurricane Lisa battered Belize damaging homes, schools, businesses and knocking off power and internet\u2026 more<\/a><\/p>\n\n\n\n

Cybersecurity tops expenses for CAB<\/h4>\n\n\n\n

Caribbean <\/em>\u2013 Regional insurance brokerage firm Caribbean Assurance Brokers Limited (CAB) at the end of its third quarter ended September saw expenses increase above 12 per cent as the company ramped up its cybersecurity initiatives\u2026 more<\/a><\/p>\n\n\n\n

Antonette Brown: Early fascination leads to tech career<\/h4>\n\n\n\n

Jamaica <\/em>\u2013 Jamaican-born Antonette Brown, IT project manager at ArchCare, recounts she was fascinated by how technology could solve various problems in different ways. “The beauty of technology is that it changes every day and offers a unique experience of continued learning,” Brown stated\u2026 more<\/a><\/p>\n\n\n\n

Battling cyberattacks<\/h4>\n\n\n\n

Jamaica <\/em>\u2013 We have all heard horror stories about cybercrime. Businesses have had their network hacked, customer data stolen, and money siphoned away. But what’s most interesting about these stories is that all companies that have fallen victim to these attacks had some level of protection. So, how did the hack happen?… more<\/a><\/p>\n\n\n\n

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Thursday, 10 November 2021<\/h3>\n\n\n\n

Bahamian regulator probing FTX woes<\/h4>\n\n\n\n

Bahamas<\/em> \u2013 The Securities Commission was yesterday investigating the crisis that has left The Bahamas\u2019 flagship digital assets investor on the brink of collapse after a rival crypto currency exchange walked away from a rescue deal\u2026 more<\/a><\/p>\n\n\n\n

Binance pulls out of FTX bailout deal<\/h4>\n\n\n\n

Bahamas <\/em>\u2013 Binance, the world\u2019s largest cryptocurrency exchange, revealed yesterday via Twitter that it will not make good on its conditional intent to bail out Bahamian-headquartered cryptocurrency exchange FTX, owned by Sam Bankman-Fried, who has reportedly filed for bankruptcy according to many sources\u2026 more<\/a><\/p>\n\n\n\n

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Central Bank aims to expand merchant network for greater Sand Dollar adoption<\/h4>\n\n\n\n

Bahamas <\/em>\u2013 The Central Bank is ramping up efforts to expand the number of local merchant accepting Sand Dollar payments so as to accelerate adoption of the digital currency ,according to Central Bank Governor John Rolle\u2026 more<\/a><\/p>\n\n\n\n

FTX fate in jeopardy after Binance backs out of acquisition<\/h4>\n\n\n\n

Bahamas <\/em>\u2013 The fate of crypto exchange giant FTX appears murky after its major rival Binance backed out of a deal to acquire the company which has its headquarters in The Bahamas\u2026 more<\/a><\/p>\n\n\n\n

FTX unravels<\/h4>\n\n\n\n

Bahamas <\/em>\u2013 The unraveling of crypto exchange FTX, which is headquartered in The Bahamas, is amounting to a major reputational threat for this jurisdiction, and has local authorities and average citizens alike trying to wrap their minds around the extent of the impact\u2026 more<\/a><\/p>\n\n\n\n

Ministry of Health and Wellness receives donation of 15 laptops from PAHO\/WHO<\/h4>\n\n\n\n

Belize <\/em>\u2013 \u0422\u043ed\u0430\u0443, Dr. \u041c\u0435l\u0456\u0455\u0455\u0430 D\u0456\u0430z, D\u0456r\u0435\u0441t\u043er \u043ef \u0420ubl\u0456\u0441 \u041d\u0435\u0430lth \u0430nd W\u0435lln\u0435\u0455\u0455 r\u0435\u0441\u0435\u0456v\u0435d 15 l\u0430\u0440t\u043e\u0440\u0455 \u0430l\u043eng w\u0456th 15 l\u0430\u0440t\u043e\u0440 b\u0430g\u0455 fr\u043em th\u0435 \u0420\u0430n \u0410m\u0435r\u0456\u0441\u0430n \u041d\u0435\u0430lth \u041erg\u0430n\u0456z\u0430t\u0456\u043en\/ W\u043erld \u041d\u0435\u0430lth \u041erg\u0430n\u0456z\u0430t\u0456\u043en (\u0420\u0410\u041d\u041e\/W\u041d\u041e) \u0412\u0435l\u0456z\u0435 \u043eff\u0456\u0441\u0435\u2026 more<\/a><\/p>\n\n\n\n

Jamaica\u2019s first digital bank kicks off with free money<\/h4>\n\n\n\n

Jamaica <\/em>\u2013 Jamaica\u2019s first digital-based all-inclusive loans company has announced its presence in a big way\u2026 more<\/a><\/p>\n\n\n\n

Huawei, TSTT team up to train students in technology<\/h4>\n\n\n\n

Trinidad and Tobago<\/em> \u2013 Huawei and the Telecommunications Services of TT (TSTT) teamed up to give 19 university students of Huawei’s Seeds for the Future programme, first-hand knowledge of advanced technology at the TSTT data centre on Monday\u2026 more<\/a><\/p>\n\n\n\n

Look out for the 2022 business technology winner<\/h4>\n\n\n\n

Trinidad and Tobago<\/em> \u2013 The winner of the 2022 award for business technology will be revealed at the grand finale of the Champions of Business awards and cocktail reception on November 24, at the National Academy for the Performing Arts\u2026 more<\/a><\/p>\n\n\n\n

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Friday, 11 November 2021<\/h3>\n\n\n\n

AML Foods targets e-commerce launch<\/h4>\n\n\n\n

Bahamas<\/em> \u2013 BISX-listed AML Foods is planning to launch an e-commerce division during its current financial year that will enable the group to supply clients \u201cthroughout The Bahamas\u201d\u2026 more<\/a><\/p>\n\n\n\n

\u2018Don\u2019t build financial services on crypto\u2019<\/h4>\n\n\n\n

Bahamas<\/em> \u2013 FTX\u2019s collapse into provisional liquidation is a warning that The Bahamas should \u201cnot build the whole financial services recovery\u201d on digital assets, a prominent Bahamian accountant said yesterday\u2026 more<\/a><\/p>\n\n\n\n

Edwards: FTX collapse not fatal but reputational issues will emerge<\/h4>\n\n\n\n

Bahamas <\/em>\u2013 The potential failure of FTX represents a bump in the path of The Bahamas in its effort to establish itself as a major digital asset centre, according to a governance, risk, and compliance (GRC) expert yesterday\u2026 more<\/a><\/p>\n\n\n\n

FTX\u2019s assets frozen<\/h4>\n\n\n\n

Bahamas<\/em> \u2013 As FTX Digital Markets (FDM) chief Sam Bankman-Fried rang out a mea culpa chorus peppered with expletives to his followers, clients and investors through Twitter yesterday, the Securities Commission of The Bahamas (SCB) froze his company\u2019s assets and appointed a provisional liquidator for the embattled FTX now making international headlines\u2026 more<\/a><\/p>\n\n\n\n

FTX boss apologizes for crypto exchange collapse<\/h4>\n\n\n\n

Bahamas <\/em>\u2013 FTX Digital Markets (FDM) chief Sam Bankman-Fried took to Twitter yesterday to apologize for his mishandling of his multibillion-dollar cryptocurrency exchange and related digital asset businesses\u2026 more<\/a><\/p>\n\n\n\n

How should The Bahamas respond to the FTX debacle?<\/h4>\n\n\n\n

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Bahamas <\/em>\u2013 The potential failure of FTX represents a bump in the path of The Bahamas in its effort to establish itself as a major digital asset center. However, nothing about this development is anywhere near fatal\u2026 more<\/a><\/p>\n\n\n\n

Island Pay launches Tourist Wallet App and Small Merchant App<\/h4>\n\n\n\n

Bahamas <\/em>\u2013 Bahamian digital payments provider Island Pay, is pushing to drive increased tourism to The Bahamas and help small merchants become a larger part of the financial ecosystem with the launch of the world\u2019s first-ever digital Tourist  Wallet App and the Small Merchant App\u2026 more<\/a><\/p>\n\n\n\n

Regulator \u2018freezes\u2019 FTX and sends in liquidator<\/h4>\n\n\n\n

Bahamas <\/em>\u2013 Regulators yesterday moved to protect clients of The Bahamas\u2019 flagship crypto currency investor by \u201cfreezing\u201d its assets, and seizing control of the company, amid reports it acquired $74m in local real estate this year alone\u2026 more<\/a><\/p>\n\n\n\n

Securities Commission freezes assets of FTX<\/h4>\n\n\n\n

Bahamas <\/em>\u2013 The Securities Commission of The Bahamas said yesterday that it had taken action to freeze assets of FTX Digital Markets and related parties, as the crypto exchange is teetering on the verge of collapse due to liquidity fears\u2026 more<\/a><\/p>\n\n\n\n

Digicel predicts drop in performance for Haitian subsidiary<\/h4>\n\n\n\n

Haiti <\/em>\u2013 Telecommunications company Digicel is forecasting a drop in performance for its Haitian subsidiary from October to March of 2023\u2026 more<\/a><\/p>\n\n\n\n

Flow rakes in US$108m in September quarter<\/h4>\n\n\n\n

Jamaica \u2013 Telecommunications provider Flow Jamaica made US$108.5 million ($16.6 billion) in quarterly revenue to September, up by nearly eight per cent year-on-year due to increased customers\u2026 more<\/a><\/p>\n\n\n\n

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Saturday, 12 November 2022<\/h3>\n\n\n\n

Phone records examined after Sheraton Mall murder<\/h4>\n\n\n\n

Barbados<\/em> \u2013 Several calls were made from a cellular phone registered to the father of murder accused Hakeem Roberto Stuart minutes after Damian Trotman was shot dead in Sheraton Mall almost four years ago\u2026 more<\/a><\/p>\n\n\n\n

GECOM IT Manager recounts efforts to safeguard SOPs<\/h4>\n\n\n\n

Guyana <\/em>\u2013 Guyana Elections Commission (GECOM) Information Technology (IT) manager Aneal Giddings has said although he tried to safeguard election materials, including Statement of Polls (SOPs) from the March 2, 2020 elections, then Deputy Chief Election Officer (DCEO), Roxanne Myers accused him of breaching emergency protocols\u2026 more<\/a><\/p>\n\n\n\n

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Sunday, 13 November 2022<\/h3>\n\n\n\n

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Guyana, UAE formalize Agreement on Cyber Security<\/h4>\n\n\n\n

Guyana <\/em>\u2013  The Government of Guyana and the United Arab Emirates (UAE) have formalized an agreement on cyber security, the Department of Public Information (DPI) announced Saturday\u2026 more<\/a><\/p>\n\n\n\n

Lynk gets remittance licence<\/h4>\n\n\n\n

Jamaica <\/em>\u2013 After having its launch in December 2021 and getting a $2.05-billion capital injection by NCBFG, TFOB (2021) Limited has become the eighth company to be approved by the Bank of Jamaica (BOJ) to operate a remittance service as a primary agent. TFOB will offer the remittance option via its mobile wallet dubbed Lynk\u2026 more<\/a><\/p>\n\n\n\n

NCB profit vaults to $40b, to offer remittance via Lynk<\/h4>\n\n\n\n

Jamaica <\/em>\u2013 NCB Financial Group, operator of Jamaica\u2019s largest commercial bank, said Friday that a member company has received approval to offer remittance services through the Lynk digital wallet, allowing it to tap into \u2018US$3.3 billion\u2019 market\u2026 more<\/a><\/p>\n\n\n\n

Under cyberattack!<\/h4>\n\n\n\n

Jamaica <\/em>\u2013 Cybercriminals used an Internet protocol (IP) address based in Jamaica last Thursday to distribute some 1,160 malware attacks per hour to devices here and overseas, the agency that monitors the country\u2019s cybersecurity space has disclosed\u2026 more<\/a><\/p>\n\n\n\n

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Images credit: Bank Phrom (Unsplash<\/a>); Flow (Facebook<\/a>); Wikimedia Commons<\/a>; Central Bank of The Bahamas (Twitter<\/a>); Island Pay (Facebook<\/a>); Wikimedia<\/a> <\/em><\/p>\n\n\n\n

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