{"id":168430,"date":"2023-05-22T05:45:00","date_gmt":"2023-05-22T10:45:00","guid":{"rendered":"https:\/\/www.ict-pulse.com\/?p=168430"},"modified":"2023-05-22T05:46:54","modified_gmt":"2023-05-22T10:46:54","slug":"roundup-for-the-week-ending-21-may-2023","status":"publish","type":"post","link":"https:\/\/ict-pulse.com\/2023\/05\/roundup-for-the-week-ending-21-may-2023\/","title":{"rendered":"Roundup: for the week ending 21 May 2023"},"content":{"rendered":"\n

A roundup of the latest ICT\/technology news from across the Caribbean region for the period Monday 15 May to Sunday 21 May 2023.<\/em><\/p>\n\n\n\n

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Monday, 15 May 2023<\/h3>\n\n\n\n

FTX Bahamas charges US broke ‘every single’ pledge<\/h4>\n\n\n\n

Bahamas<\/em> \u2013 FTX’s Bahamian liquidators have accused their US adversaries of “breaching every single” co-operation pledge in just four short months as they urged the Supreme Court to “sort it out” with Delaware\u2026 more<\/a><\/p>\n\n\n\n

JPLs accuse FTX US of breaching cooperation agreement<\/h4>\n\n\n\n

Bahamas <\/em>\u2013 The joint provisional liquidators (JPLs) overseeing the winding up of cryptocurrency exchange FTX Digital Markets (DM) accused FTX\u2019s US Debtors of breaching every single commitment made in a cooperation agreement both sides made earlier this year\u2026 more<\/a><\/p>\n\n\n\n

Stock market investment app to launch this week<\/h4>\n\n\n\n

Bahamas <\/em>\u2013 The much anticipated Prospuh stock market investment app is launching this week and its developers have been inundated with early signups\u2026 more<\/a><\/p>\n\n\n\n

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Financial services industry attracts more crypto investors<\/h4>\n\n\n\n

British Virgin Islands <\/em>\u2013 BVI Finance recently participated in the Dubai Fintech Summit 2023, where the organisation sought to attract more business in virtual assets and fintech industries\u2026 more<\/a><\/p>\n\n\n\n

IMF report urges stronger Central Bank cybersecurity response<\/h4>\n\n\n\n

Trinidad and Tobago \u2013 The IMF\u2019s country report 23\/161 for Trinidad and Tobago focused on a visit to the country by its Monetary and Capital Markets Department between October 31 and November 04, 2022\u2026 more<\/a><\/p>\n\n\n\n

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Tuesday, 16 May 2023<\/h3>\n\n\n\n

Cable ‘accelerates’ fibre due to Elon Musk threat<\/h4>\n\n\n\n

Bahamas<\/em> \u2013 Cable Bahamas is “accelerating” the roll-out of its fibre-to-the-home network infrastructure in response to the competitive “threat” posed by Elon Musk’s Starlink, its chief executive revealed yesterday\u2026 more<\/a><\/p>\n\n\n\n

Central Bank reports growth in electronic transactions<\/h4>\n\n\n\n

Bahamas<\/em> \u2013 Bahamian residents continued to reduce their reliance on cash in 2022, with new data from The Central Bank of The Bahamas (CBOB) showing growth in electronic transactions\u2026 more<\/a><\/p>\n\n\n\n

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Electronic money service provider transactions down 42 percent<\/h4>\n\n\n\n

Bahamas<\/em> \u2013 Driven mainly by an end in government pandemic-related payment disbursements, payment activity\u2026 more<\/a><\/p>\n\n\n\n

Fraudulent transactions increase by nearly $19 million in value.<\/h4>\n\n\n\n

Bahamas<\/em> \u2013 In 2022, the number of cases of\u00a0\u00a0reported cases of payment fraud relative to cheques, debt and credit cards declined by just over 24 percent however the value of such transactions increased by just under $19 million according to recent data released by the Central Bank\u2026 more<\/a><\/p>\n\n\n\n

Payment fraud up eight-fold at $21m<\/h4>\n\n\n\n

Bahamas<\/em> \u2013 Payment fraud increased in value almost eight-fold to $21.2m in 2022 with debit cards accounting.. more \u00a0for four out of every five reported cases, it was revealed yesterday\u2026 more<\/a><\/p>\n\n\n\n

Digital economy can create many opportunities<\/h4>\n\n\n\n

Caribbean <\/em>\u2013 COVERAGE, especially in rural areas, and affordability are some of the issues that need to be addressed to achieve an efficient digital economy within the region\u2026 more<\/a><\/p>\n\n\n\n

Grenada introduces e-testing for the Caribbean Primary Exit Assessment<\/h4>\n\n\n\n

Grenada <\/em>\u2013 Forty-students from Grenada had the opportunity to complete their Caribbean Primary Exit Assessment (CPEA) online\u2026 more<\/a><\/p>\n\n\n\n

Connected and Protected Programme expanded to primary schools<\/h4>\n\n\n\n

Jamaica <\/em>\u2013 The Flow Foundation\u2019s Connected and Protected online safety programme has now expanded to primary schools with its Safer Internet Monitor sessions. The sessions are designed to empower primary school children with practical knowledge while encouraging them to be an online safety ambassador\u2026 more<\/a><\/p>\n\n\n\n

Expert says AI could disrupt BPO sector<\/h4>\n\n\n\n

Jamaica <\/em>\u2013 One expert says based on the unpredictable trends in artificial intelligence, it is difficult to say how the Global Services Sector (GSS) will be affected\u2026 more<\/a><\/p>\n\n\n\n

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Wednesday, 17 May 2023<\/h3>\n\n\n\n

Breaking barriers with BTC in innovation and installation<\/h4>\n\n\n\n

Bahamas <\/em>\u2013 more<\/a><\/p>\n\n\n\n

Need for improved telecommunications and energy reliability highlighted in IDB report<\/h4>\n\n\n\n

Bahamas <\/em>\u2013 A recent Inter-American Development Bank (IDB) report has once again highlighted the need\u00a0 to improve reliability of telecommunications and energy in the country in addition to greater digital adoption, noting that based on the country\u2019s income per capita these areas are key development gaps in need of further investment\u2026 more<\/a><\/p>\n\n\n\n

TRC to create a positive digital environment<\/h4>\n\n\n\n

British Virgin Islands <\/em>\u2013 Chief Executive Officer at the Telecommunications Regulatory Commission (TRC) Mr. Guy Lester Malone has reiterated the commission\u2019s commitment to creating a positive digital environment that has zero tolerance for any form of harassment or abuse\u2026 more<\/a><\/p>\n\n\n\n

Top trends in the fintech space<\/h4>\n\n\n\n

Caribbean<\/em> \u2013 Today, May 17, marks the annually observed World Telecommunications and Information Society Day (WTISD). Now in its 17th year, WTISD has helped to raise awareness of the possibilities that the use of the Internet and other information and communication technologies (ICTs) can bring to societies and economies, as well as ways to bridge the digital divide\u2026 more<\/a><\/p>\n\n\n\n

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E-market platform launched to improve ICT business processes<\/h4>\n\n\n\n

Guyana <\/em>\u2013 In the midst of a global shift in Information and Communications Technology (ICT), companies need to generate innovative and more efficient ways of streamlining their processes and connecting to the market\u2026 more<\/a><\/p>\n\n\n\n

Telecoms competition to heat up from July\u2026 same phone number, different company<\/h4>\n\n\n\n

Guyana <\/em>\u2013 Guyanese are from July, 2023 expected to be able to keep their existing phone numbers but change to a phone company of their choice, Chairman of the Public Utilities Commission (PUC) Dela Britton announced on Wednesday\u2026 more<\/a><\/p>\n\n\n\n

Cashless society \u2014 underpinned by technology<\/h4>\n\n\n\n

Jamaica<\/em> \u2013 UNRELIABLE technologies and a lack of confidence in the banking sector have been cited as the reasons Jamaicans are opting out of holding their funds digitally\u2026 more<\/a><\/p>\n\n\n\n

Orda JA aims to replace Hugo in delivery service<\/h4>\n\n\n\n

Jamaica <\/em>\u2013 A former contractor of Hugo app has launched a new food delivery service to fill the void left by the company’s exit from Jamaica last month. Montego Bay-based entrepreneur Andre Brown launched his Orda JA food delivery service earlier this month with operations initially in Kingston and Montego Bay, but has already set sights on expanding service to other areas of the island\u2026 more<\/a><\/p>\n\n\n\n

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Thursday, 18 May 2023<\/h3>\n\n\n\n

Elon Musk’s Starlink will ‘raise bar’ in Out Islands<\/h4>\n\n\n\n

Bahamas<\/em> \u2013 Family Island companies yesterday voiced optimism that Elon Musk\u2019s Starlink satellite Internet service will \u201craise the bar\u201d by giving them access to more reliable and affordable communications that are essential to their competitiveness\u2026 more<\/a><\/p>\n\n\n\n

IDB: mobile, credit card payment adoption still slow<\/h4>\n\n\n\n

Bahamas<\/em> \u2013 Small firms outpace larger firms when it comes to the use of credit card systems and mobile payment platforms, an Inter-American Development Bank (IDB) study explains, adding that substandard infrastructure also may play a part in the slow uptake of progressive payment forms\u2026 more<\/a><\/p>\n\n\n\n

E-market platform launched to improve ICT business processes<\/h4>\n\n\n\n

Guyana \u2013 \u00a0<\/strong>In the midst of a global shift in Information and Communications Technology (ICT), companies need to generate innovative and more efficient ways of streamlining their processes and connecting to the market\u2026 more<\/a><\/p>\n\n\n\n

Guyana looking to introduce number portability in July<\/h4>\n\n\n\n

Guyana <\/em>\u2013 The Public Utilities Commission (PUC) on Wednesday announced that cell phone customers will from July be able to retain their numbers even after changing their service providers\u2026 more<\/a><\/p>\n\n\n\n

Gov’t launches online portal for businesses to register for permits<\/h4>\n\n\n\n

Jamaica <\/em>\u2013 The government has launched a centralised platform to allow businesses to register for a number of permits and track approval\u2026 more<\/a><\/p>\n\n\n\n

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New 658 Jamaica area code now assigned<\/h4>\n\n\n\n

Jamaica <\/em>\u2013 THE Office of Utilities Regulation (OUR) recently assigned a central office code (a number block which contains 10,000 telephone numbers) under Jamaica’s new area code, “658”\u2026 more<\/a><\/p>\n\n\n\n

UTech transforming to meet future work demands<\/h4>\n\n\n\n

Jamaica<\/em> \u2013 THE UNIVERSITY of Technology’s (UTech) Faculty of Engineering and Computing Technology says it is implementing the transformation needed to prepare students for the future of work, which will be dominated by advancements in augmented reality (AR) and artificial intelligence (AI)\u2026 more<\/a><\/p>\n\n\n\n

St Kitts and Nevis: Minister Konris Maynard visits Trinidad to meet ICT ministers and stakeholders<\/h4>\n\n\n\n

Saint Kitts and Nevis \u00ad<\/em>\u2013 The Minister of Public Infrastructure et al. of St Kitts and Nevis, Konris Maynard, visited Trinidad and Tobago for an interactive session with ICT Ministers and Digital Transformation stakeholders from May 15 to 16. The Minister met the stakeholders during an event titled \u2018Digital Leadership in the Caribbean Executive Sessions\u2019 in Port of Spain\u2026 more<\/a><\/p>\n\n\n\n

NGC’s e-auction tool saves Education Ministry millions<\/h4>\n\n\n\n

Trinidad and Tobago <\/em>\u2013 USING a reverse e-auction, the National Gas Company of TT Ltd (NGC) helped the Ministry of Education (MoE) save millions on the purchase of 8,000 laptops for schoolchildren\u2026 more<\/a><\/p>\n\n\n\n

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Friday, 19 May 2023<\/h3>\n\n\n\n

Gov\u2019t to purchase VHF radio systems to shorten police response time<\/h4>\n\n\n\n

Antigua and Barbuda <\/em>\u2013 The Cabinet will be looking to buy Very High Frequency (VFH) radio systems for members of the police force, which was estimated to cost the government US $350,000 (EC $945,892.50)\u2026 more<\/a><\/p>\n\n\n\n

\u0410ff\u0435\u0441t\u0435d b\u0443 \u0441\u0443b\u0435r-\u0430tt\u0430\u0441k\u0455, \u0412\u0415L \u0455u\u0455\u0440\u0435nd\u0455 \u0412\u0415L 24-7 \u0430\u0440\u0440, Ut\u0456l\u0456\u0441\u0430\u0455h \u0455\u0435rv\u0456\u0441\u0435\u0455 u\u0455\u0435d b\u0443 \u0441\u043ell\u0435\u0441t\u0456\u043en \u0430g\u0435nt\u0455; th\u0435 ut\u0456l\u0456t\u0443 \u0441\u043em\u0440\u0430n\u0443 \u0435\u0445\u0440\u0435\u0441t\u0435d t\u043e r\u0435\u0455t\u043er\u0435 Ut\u0456l\u0456\u0441\u0430\u0455h b\u0443 t\u043ed\u0430\u0443 Fr\u0456d\u0430\u0443, \u0412\u0415L 24-7 n\u0435\u0445t w\u0435\u0435k<\/h4>\n\n\n\n

Belize<\/em> \u2013 \u0412\u0435l\u0456z\u0435 \u0415l\u0435\u0441tr\u0456\u0441\u0456t\u0443 L\u0456m\u0456t\u0435d (\u0412\u0415L) \u0455\u0430\u0456d \u043en Fr\u0456d\u0430\u0443 th\u0430t \u0456t h\u0430\u0455 b\u0435\u0435n th\u0435 t\u0430rg\u0435t \u043ef \u0441\u0443b\u0435r-\u0430tt\u0430\u0441k\u0455 \u0430nd t\u043e \u0440r\u043et\u0435\u0441t \u0456t\u0455\u0435lf \u0430nd \u0456t\u0455 \u0441u\u0455t\u043em\u0435r\u0455, th\u0435 \u0441\u043em\u0440\u0430n\u0443 \u0455u\u0455\u0440\u0435nd\u0435d th\u0435 \u0412\u0415L 24-7 \u0430\u0440\u0440 \u0430nd th\u0435 Ut\u0456l\u0456\u0441\u0430\u0455h \u0455\u0435rv\u0456\u0441\u0435\u0455 u\u0455\u0435d b\u0443 \u0456t\u0455 \u0421\u043ell\u0435\u0441t\u0456\u043en \u0430g\u0435nt\u0455. \u0412\u0415L \u0455\u0430\u0456d \u0456t \u0435\u0445\u0440\u0435\u0441t\u0435d t\u043e r\u0435\u0455t\u043er\u0435 Ut\u0456l\u0456\u0441\u0430\u0455h \u0455\u0435rv\u0456\u0441\u0435\u0455 b\u0443 m\u0456d-\u0430ft\u0435rn\u043e\u043en t\u043ed\u0430\u0443 Fr\u0456d\u0430\u0443 \u0430nd w\u043euld r\u0435\u0455t\u043er\u0435 \u0456t\u0455 \u0412\u0415L 24-7 \u0430\u0440\u0440 b\u0443 th\u0435 m\u0456ddl\u0435 \u043ef n\u0435\u0445t w\u0435\u0435k\u2026 more<\/a><\/p>\n\n\n\n

ECTEL launches Graphic Design competition<\/h4>\n\n\n\n

Caribbean<\/em> \u2013 The Eastern Caribbean Telecommunications Authority (ECTEL), has launched a Graphic Design competition which is open to girls from ECTEL Member States\u2026 more<\/a><\/p>\n\n\n\n

Symposium on “Human Factors vs Technology” Successfully Concludes in Aruba<\/h4>\n\n\n\n

Caribbean <\/em>\u2013 The week of May 09, 2023, witnessed a gathering of several Justice Ministers from various countries in the Kingdom at the Symposium on “Human Factors vs Technology” held on the island of Aruba. This significant event, aimed at fostering discussions on crucial and strategic matters concerning general security, was coordinated by the steering committee “Information Coordination,” led by Mr. Juni Nicolaas, Chief of National Security in Aruba\u2026 more<\/a><\/p>\n\n\n\n

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WiPay Remittance launched in Grenada<\/h4>\n\n\n\n

Grenada<\/em> \u2013 WiPay, the leading payment solution in the Caribbean, recently announced the introduction of WiPay Remittance during its launch event in Grenada\u2026 more<\/a><\/p>\n\n\n\n

BPO jobs up by 42%<\/h4>\n\n\n\n

Jamaica <\/em>\u2013 The Business Process Outsourcing Sector has seen a 42 per cent increase in employment since the pandemic\u2026 more<\/a><\/p>\n\n\n\n

Gov’t must embrace AI, says Hill<\/h4>\n\n\n\n

Jamaica <\/em>\u2013 Industry, Investment and Commerce Minister Senator Aubyn Hill says the government will have to get a grasp of artificial intelligence (AI) and its applications in a bid to craft sound policy\u2026 more<\/a><\/p>\n\n\n\n

WiPay to roll out remittance service in T&T soon<\/h4>\n\n\n\n

\u00a0Trinidad and Tobago <\/em>\u2013 WiPay, the leading payment solution in the Caribbean, on Tuesday announced the introduction of WiPay Remittance during an official launch event in Grenada. The company plans to unveil the service in T&T later this year\u2026 more<\/a><\/p>\n\n\n\n

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Saturday, 20 May 2023<\/h3>\n\n\n\n

Consider mutual funds instead of cryptocurrency<\/h4>\n\n\n\n

Caribbean<\/em> \u2013 GOVERNOR of the Eastern Caribbean Central Bank Timothy Antoine is urging the people of the Eastern Caribbean Currency Union (ECCU) to understand the importance of wealth creation and investment\u2026 more<\/a><\/p>\n\n\n\n

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CXC eyes digital exam<\/h4>\n\n\n\n

Caribbean<\/em> \u2013 The Caribbean Examinations Council (CXC) says it is aiming to get the region ready for full electronic testing of digitised exams, a move it believes would assist in eliminating the recurring leaks of Caribbean Secondary Education Certificate (CSEC) test papers\u2026 more<\/a><\/p>\n\n\n\n

First Digital Wallet Remittance Service \u2018WiPay\u2019 to launch in Grenada soon<\/h4>\n\n\n\n

Grenada <\/em>\u2013 The leading payment solution in the Caribbean named \u2018WiPay\u2019 has recently announced the launch of WiPay Remittance during a launch event in Grenada. This is the first Digital Wallet Remittance Service in the Eastern Caribbean that will revolutionalize money transfers across the region\u2026 more<\/a><\/p>\n\n\n\n

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Sunday, 21 May 2023<\/h3>\n\n\n\n

DIGICEL Guyana Scoops 3 Ookla Speed Test Award for Best Network in Guyana<\/h4>\n\n\n\n

Guyana <\/em>\u2013 Digicel Guyana has been recognized by Ookla, the global leaders in internet testing and analysis, for offering its customers in Guyana the Fastest Mobile Network, Best Mobile Coverage, and Best Mobile Network\u2026 more<\/a><\/p>\n\n\n\n

BPO jobs grow beyond 60,000<\/h4>\n\n\n\n

Jamaica <\/em>\u2013 The outsourcing sector grew seven per cent and added ten new customer contact centres in the past year, according to investment promotion agency Jampro\u2026 more<\/a><\/p>\n\n\n\n

Tech, digital push driving remittances to new normal<\/h4>\n\n\n\n

Jamaica <\/em>\u2013 Over the past five years, the remittance market has seen the \u201csteady adoption of new technologies\u201d, and as more persons opt for the formal system to transfer money to family members, there is optimism that the record inflows reached under the\u2026 more<\/a><\/p>\n\n\n\n

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Images credit: freepik<\/a>; Wikipedia<\/a>; Wikipedia<\/a>; Wikipedia<\/a>; Office of Utilities Regulation<\/a> (Facebook); Wikipedia<\/a>; CXC<\/a> <\/p>\n\n\n\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

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