01/14/2021
Is Bitcoin becoming mainstream?
While this is widely accepted, investors still want to protect themselves when they purchase or cash out bitcoin.
FinTech
01/13/2021
Project Sand Dollar: The Bahamas launches world’s first CBDC
The Bahamas is the first country in the world to officially launch a central bank digital currency beyond a pilot program, ahead of China and several other countries.
01/12/2021
Jersey fintech company integrates with insurance underwriting service
By utilising UWPal, Pandora platform users can experiment with faster, go-to-market products without the need for in-house underwriting or significant IT resource capacity
01/11/2021
Zephyr Management Chooses SS&C’s Front-to-Back Solution to Power Bermuda Fund Launch
Emerging markets fund manager selects SS&C services for new launch
01/11/2021
A $78 Trillion Growth Opportunity For Wealth Managers
The tokenization of assets is expanding rapidly.
01/07/2021
Zug digital asset firm gains licence and will launch offering for IAMs, family offices and banks
It has been approved by the FMA in Liechtenstein to provide services such as custody and exchange for cryptocurrency and digital assets.
01/07/2021
EDI Partners with Financial Software Limited to provide Offshore Reporting Funds service
FSL has transformed the time-consuming, labour-intensive task of identifying funds and determining tax liabilities into a simpler, streamlined process.
01/06/2021
Guernsey Funds Industry Emerges Resilient And Revitalised
With this latest phase of the 'digital revolution' gathering pace during the pandemic, Zoom alone has increased the number of users of its online communications platform from 10 million to over 300 million.
01/06/2021
EU-UK Trade and Cooperation Agreement: Implications for Data Transfers to the UK
While the situation should be kept under review, the temporary arrangement preserves the status quo, such that it is not currently necessary to implement data transfer mechanisms such as Standard Contractual Clauses in respect of data transfers to the UK.
01/04/2021
Public Update on The Bahamas Digital Currency Rollout
Businesses and individuals who have already selected a digital payments provider can expect that the Sand Dollar will be available within the same environment in which they have enrolled, once their providers complete systems upgrades.
01/03/2021
Roadmap to the Cloud
Making cloud services core to your digital strategy is the recommended approach, and workloads should be assessed and migrated based on their cloud suitability.
12/30/2020
‘Digital Colonisation’: A Tiny Island Nation Just Launched A Major Effort To Win Back Control Of Its Top-Level Internet Domain
“This is the big one,” said Pär Brumark, the Swedish domains expert who is leading a delegation on behalf of the tiny Pacific island.
12/29/2020
Facebook to close Irish holding companies amid tax row
One of the three companies it is winding up, Facebook International Holdings I Unlimited Company, recorded revenue of $30bn two years ago, when global turnover at the social media giant was $56bn.
12/29/2020
Banking supervision priorities for 2021
Corporate governance will remain high on the agenda, with the MFSA seeking to add fresh impetus to suitability and board effectiveness assessments.
12/28/2020
Companies and partnerships can now apply for HSBC Malta’s Fusion account online
Customers will only be required to have one face-to-face appointment with a Retail Business Banking specialist in order to complete the process.
12/28/2020
The rise of the platform economy
The pandemic has led to an increase in the use of online services and an increase in the breadth of users, including those who were not using such services before.
12/24/2020
Digital Campaign Boosts Retailer's Sales By 400%
Janaees Uniform Centre was recently approved as a premium scan and pay merchant by the Central Bank of The Bahamas, enabling it to offer cash-back to customers as well as load customer digital wallets at their Chesapeake Road location.
12/24/2020
Swiss digital asset bank Seba completes capital raise
SEBA Bank will tokenise its shares of the Series B fundraising soon after the blockchain law will come into force in Switzerland.
12/23/2020
Extraordinary times call for extraordinary banking
In addition to Seijas, the webinar was also addressed by Dr Manfred Galdes, the Managing Partner at ARQ Group, who focused on the advantages of moving towards automated solutions that ensure more transparency and the benefits of a cashless society.
12/21/2020
Why tech will change our economy forever
Combined with data-driven business, it is the single leading economic component and by far its fastest growing item for the foreseeable future.